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Comparing Quantities Test - 35

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Comparing Quantities Test - 35
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  • Question 1
    1 / -0
    A shopkeeper sells $$25$$ articles at $$Rs. 45$$ per article after giving $$10\%$$ discount and earns $$50\%$$ profit If the discount is not given the profit gained is
    Solution
    S.P. of $$1$$ article= $$Rs. 45$$.
    Let marked price of each article be $$Rs.x$$
    Then,S.P. = $$90\%\  of\  Rs.x$$
    $$\Rightarrow 45=\dfrac{90x}{100}$$
    $$\Rightarrow x=\dfrac{45\times 100}{90}$$
    $$\Rightarrow x=50   $$

    Profit earned =$$50\%$$
    $$C.P=Rs.\dfrac{100}{150}\times 45$$
    $$C.P=Rs.30   $$

    If no discount given,then
    $$Profit=Rs.(50-30)=Rs.20$$
    Profit Percentage=$$\dfrac{20}{30}\times 100\%=66\dfrac{2}{3}\%$$



  • Question 2
    1 / -0
    A trader purchases 70 kg of tea at Rs. 15 per kg and 30 kg of tea at Rs. 18.50 per kg. If the packing charges are 2 percent, then at what price he must sell the mixture of two to gain 15%?
    Solution
    Cost of 70 kg of tea at Rs. 15 per kg $$= 70\times 15=1050 Rs.$$
    Cost of 30 kg of tea at Rs.  18.50 per kg $$=30\times 18.5 = 555Rs.$$.
    total cost $$=1050 Rs.+555 Rs.=Rs. 1605 $$

    Selling price includes packing charges are 2 percent and gain 15%:
    Therefore, 
    $$S= Cost price\times ({1+\dfrac{2}{100}})\times ({1+\dfrac{15}{100}})$$
    $$S=1605\times 1.02\times1.15$$
    $$S=Rs. 1882.67$$ 
    total weight $$=70+30=100kg$$
    Selling price per kg $$=\dfrac{1882.67}{100}= 18.82Rs.$$ per kg

    Answer (A) is correct.
  • Question 3
    1 / -0
    A person incurs 5% loss by selling a watch for Rs 1140 At what price should the watch be sold to earn 5% profit?
    Solution
    let the new S.P be rs x.then
    (100-loss%) : (1 st S.P)=(100+gain%) (2nd S.P)
    $$\frac{100-5}{1140}=\frac{100+5}{x}$$
    $$x=\frac{105\times 1140}{95}$$
    $$x=1260  Rs.$$
  • Question 4
    1 / -0
    A, B, C started a business with their investments in the ratio 1 : 3 : 5 After 4 months A invested the same amount as before and B as well as C withdraw half of their investments The ratio of their profits at the end of the year is
    Solution
    Let the initial investment be x,3x and 5x then
    $$A:B:C=(x\times 4+2x\times 8):(3x\times 4+\frac{3x}{2}\times 8):(5x\times 4+\frac{5x}{2}\times 8)$$
    $$A:B:C=20x:24x:40x$$
    $$A:B:C=5:6:10$$
  • Question 5
    1 / -0
    $$A, B$$ and $$C$$ enter into partnership $$A$$ invests some money at the beginning , $$B$$ invests double the amount after $$6$$ months and $$C$$ invests thrice the amount after $$8$$ months If the annual profit be $$Rs. 27000\ C's$$ share is
    Solution
    Let $$A$$ invested $$Rs. x$$ for $$12$$ months
    Then according to the question $$B$$ invested $$Rs. 2x$$ for $$6$$ months
    And $$C$$ invested $$Rs.3x$$ for $$4$$ months
    Then Ratio of their capital$$=12\times x:2x\times 6:3x\times 4$$
                                            $$=12x:12x:12x$$
                                            $$=1:1:1$$
    $$C's$$ share of profit $$=\dfrac{1}{3}\times 27000=Rs.9000.$$
  • Question 6
    1 / -0
    In a business A and C invested amounts in the ratio 2 : 1 whereas the ratio between amounts invested by A and B was 3 :2 If Rs 157300 was their profit how much amount did B receive?
    Solution
    $$A:B=3:2=6:4$$
    $$A:C=2:1=6:3$$
    $$A:B:C=6:4:3$$
    B's share=$$\frac{4}{13}\times 157300=48400  Rs.$$
  • Question 7
    1 / -0
    A shopkeeper purchased $$150$$ identical pieces of calculators at the rate of $$\text{Rs.}\ 250$$ each. He spent an amount of $$\text{Rs.}\ 2500$$ on transport and packing. He fixed the labelled price of each calculator at $$\text{Rs.}\ 320$$. However he decided to give a discount of $$5\%$$ on the labelled price. What is the percentage profit earned by him?
    Solution
    Cost of each calculator=$$250+\frac{2500}{150}=266\tfrac{2}{3}   Rs.$$
    S.P of each calculator=$$\frac{95}{100}\times 320=304   Rs.$$
    Profit Percentage=$$\frac{112}{3}\times \frac{3}{800}\times 100=14$$%
  • Question 8
    1 / -0
    $$A$$ and $$B$$ started a partnership business investing some amount in the ratio of $$3 : 5$$ ,C joined them after six months with an amount equal to that of $$B$$ In what proportion should the profit at the end of one year be distributed among $$A, B \,\,and \,\,C$$?
    Solution
    Let the initial investments of $$A$$ and $$B$$ be $$3x$$ and $$5x$$.
    So the investment of $$C$$ is also $$5x$$
    So the ratio of profits distributed among them is given by, 
    $$A:B:C=(3x\times 12):(5x\times 12):(5x\times 6)$$
    $$A:B:C=36:60:30$$
    $$A:B:C=6:10:5$$
  • Question 9
    1 / -0
    If the manufacturer gains 10%, the wholesale dealer 15% and the retailer 25% then find the cost of production of a table the retail price of which is Rs 1265?
    Solution
    Let the cost of production of the table be Rs
    Then ,125% of 115% of 110% of x=1265
    $$\Rightarrow \frac {125}{100}\times \frac{115}{100}\times \frac{110}{100}\times x=1265$$
    $$x=\frac{1265\times 100\times 100\times 100}{125\times 115\times 110}$$
    $$x=800  Rs.$$

  • Question 10
    1 / -0
    Simran started a software business by investing Rs 50000 After six months Nanda joined her with a capital of Rs 80000 After 3 year they earned a profit of Rs 24500 What was Simran's share in the profit?
    Solution
    Simran invested Rs 50000 for 36  months and Nanda invest Rs 80000 for 30 months
    Then Ratio  of their investment=$$50000\times 36:80000\times 30$$
                                                      $$1800000:2400000$$
                                                       $$3:4$$
    Total profit= Rs.24500 
    Then Simran Share of Profit=$$\frac{3}{7}\times 24500=10500  Rs.$$
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