Deepak, Monu and Nitu started a shop by investing Rs.27000, Rs.81000 and Rs.72000 respectively. At the end of the year the profit was distributed in the ratio of their investment. If Monu's share of profit be Rs.36000, the total profit was
Ratio shares = 27000:81000:72000 = 3:9:8
If Monu's share is Rs.9
total profit = Rs.(3+9+8) = Rs.20
Therefore 9:20 :: 36000 : x
x = 20*36000 /9 = Rs.80000
Upendra's net income from 5% Government paper is Rs.1225 after paying an income tax at the rate of 2%. Find the number of shares of Rs.1000 each owned by him.
Face value of 1 share = Rs.1000
Gross income on 1 share = Rs.(5/100 * 1000) = Rs.50
Income tax on 1 share's income Rs.(2/100 * 50) = Re.1
Net income on 1 share = Rs.49
In the net income is Rs.49, number of share = 1
If the net income is Rs.1225, number of shares
= 1/49 * 1225 = 25
Option 9)
Mukesh borrowed Rs.830 from Uday at 12% rate of interest for 3 years. He then added some more money to the borrowed sum and lent it to Rakesh for the same time at 14% simple interest. If Mukesh gains Rs.93.90 in the whole transaction, then the sum lent by him to Rakesh is
Rate list of some liquids purchased by Rajneesh is
Item ------- Rate per litre ------- Amount required in litres
Milk ------------ 20/- ---------------------- 5
Oil ------------- 80/- ---------------------- 1
Cream ----------- 120/- --------------------- 0.5
A shopping mall offers a discount of 10%, 20% and 30% in the rate of following items. These discounts are given according to the demand of customer. For getting maximum profit, Rajneesh will use 30% discount in (.........) Item and he will pay (........) rupee to the shopkeeper.
In the problem, Rajneesh has to invest 100 rupee in 5 litre milk, 80 rupee in 1 litre oil and 60 rupee in 0.5 litre cream, therefore for getting maximum profit he will use 30% discount in milk of maximum price then 20% in oil and 10% in cream of minimum price.
Mahindra's salary is half that of Bhuwan. If Mahindra got a 50% rise in his salary and Bhuwan got a 25% rise in his salary, then the percentage increase in combined salaries of both is
Let Mahindra's salary be x Then Bhuwan salary = 2x
New salary of Mahindra x = 150% of x = 3/2 x
New salary of Y = 125% of 2x = 5/2x
Total combined salary of both = (3/2x + 5/2y) = 4x
Therefore Required increase = x/3x * 100 = 33.33 %
Option 3)
After dividing an amount into two parts, Ramesh invests these parts in two different business. In first, he gains 50% profit whereas in second he has a loss of 25 %.Total profit of Ramesh in first business is 1888 rupee. What is the total investment of Ramesh if he gains 23% profit over all.
(One variable solution)
Consider that 100 Rs is invested, then two parts are x & (100 - x)
Taking 50 % profit x becomes (3/2) x
& taking 25% loss (100 – x) becomes (3/4)(100 – x)
As total profit is 23 % hence
[(3/2)x +(3/4)(100 – x)] – 100 = 23
On solving x = 64
Profit = 64 * 50/100 = 32 in every 100 rupee
Overall profit in first business = 1888
Total investment = 100 * 1888 / 32 = 5900
Alternate method
Let total investment = P & part investments are x & (P – x)
According to given condition
x/2 = 1888 implies x = 3776
Similarly according to other condition
3x/2 +(3/4)(P – x) = P 123/100
=>3/2 * 3776 +(3/4)(P – 3776) = P 123/ 100
=>3 * 1888 + (3 /4) P – 3 * 944 = 123 P/100
=>5664 – 2832 = 123 P /100 – (3/4) P
=>2832 = (123 P – 75 P)/100
=>2832 = 48 P/100
=>P = 2832 * 100/ 48 = 5900.