A and B invest Rs. 30,000 and Rs. 50,000 for the same period. If the profit is Rs. 16,000, what is B’s share?
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Profit is shared in the ratio of investments, 3:5.
B receives 5/8 of Rs. 16,000 = Rs. 10,000.
Practice GIKI Mathematics questions with answers and explanations.
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Profit is shared in the ratio of investments, 3:5.
B receives 5/8 of Rs. 16,000 = Rs. 10,000.
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Capital-time products are 40,000 × 12 and 60,000 × 8.
Both equal 480,000, so the ratio is 1:1.
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A's capital-time is 2 × 6 + 4 × 6 = 36 units.
B's is 3 × 12 = 36 units, so profits are equal.
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A 20% profit gives a selling price of Rs. 960.
Since this is 80% of marked price, marked price = 960/0.8 = Rs. 1,200.
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He charges for 1,000 grams but supplies only 900 grams.
Gain percentage is 100/900 × 100 = 11 1/9%.
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The discount is 15% of Rs. 2,000, which is Rs. 300.
The sale price is Rs. 2,000 - Rs. 300 = Rs. 1,700.
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The selling price is 80% of the marked price.
Thus, marked price = 960 ÷ 0.80 = Rs. 1,200.
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After a 10% discount, 90% remains; after another 20%, 80% of that remains.
The final price is 72%, so the total discount is 28%.
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Sales tax is 12% of Rs. 5,000, or Rs. 600.
The total payable amount is Rs. 5,600.
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Let cost be 100; marked price is 125 and sale price is 90% of 125 = 112.5.
The profit is 12.5 on a cost of 100.
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Commission is 6% of total sales.
Thus, 0.06 × 250,000 = Rs. 15,000.
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Simple interest is PRT/100.
So 5,000 × 8 × 3 ÷ 100 = Rs. 1,200.