Profit and Loss
- A, B and C entered into partnership in a business. A got (3 / 5) of the profit and B and C distributed the remaining profit equally. If C got $ 400 less than A, the total profit was
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Let the total profit be $ x.
∴ A ’s share in profit = $ 3x 5 B ’s share in profit = $ x 5 and C ’s share in profit = $ x 5
According to the question,
Correct Option: C
Let the total profit be $ x.
∴ A ’s share in profit = $ 3x 5 B ’s share in profit = $ x 5 and C ’s share in profit = $ x 5
According to the question,⇒ 2x = 400 5 ⇒ x = 400 × 5 = $ 1000 2
- A, B and C entered into a partnership. A invested $ 2,560 and B $ 2,000. At the end of the year, they gained $ 1,105, out of which A got $ 320. C’s capital was
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Given that , Ratio of investment of A : B = 2560 : 2000 = 32 : 25
Now, A gained = $ 320
B gained = $ 250
Total Profit = 110
∴ C gained = $ 535
According to question,250 = 2000 535 C's Capital
Correct Option: A
Given that , Ratio of investment of A : B = 2560 : 2000 = 32 : 25
Now, A gained = $ 320
B gained = $ 250
Total Profit = 110
∴ C gained = $ 535
According to question,250 = 2000 535 C's Capital Hence, C's capital = 2000 × 535 = $ 4280 250
- A, B and C are partners of a company. During a particular year A received one-third of the profit, B received one-fourth of the profit and C received the remaining ₹ 5,000. How much did A receive?
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Let the profit be x .
According to question,
or 
12 - 4 - 3 
x = ₹ 5000 12 ⇒ 5x = ₹ 5000 12 ∴ x = 5000 × 12 5
Correct Option: B
Let the profit be x .
According to question,or 12 - 4 - 3 x = ₹ 5000 12 ⇒ 5x = ₹ 5000 12 ∴ x = 5000 × 12 5 ∴ 1 = 5000 × 12 = ₹ 4000 3 5 × 3
- A shopkeeper bought 15kg of rice at the rate of $ 29 per kg and 25kg of rice at the rate of $ 20 per kg. He sold the mixture of both types of rice at the rate of $ 27 per kg. His profit in this transaction is
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Given that , C.P. of 40kg of mixture = $ (15 × 29 + 25 × 20)
C.P. of 40kg of mixture = $ (435 + 500) = $ 935
S.P. of 40kg of mixture = 27 × 40 = $ 1080Correct Option: D
Given that , C.P. of 40kg of mixture = $ (15 × 29 + 25 × 20)
C.P. of 40kg of mixture = $ (435 + 500) = $ 935
S.P. of 40kg of mixture = 27 × 40 = $ 1080
∴ Gain = S.P. of 40kg of mixture - C.P. of 40kg of mixture = 1080 – 935 = $ 145
- 7 kg of tea costing $ 280 per kg is mixed with 9 kg of tea costing $ 240 per kg. The average price per kg of the mixed tea is
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Here , Total price of blended tea = 280 × 7 + 240 × 9 × 100 = 1960 + 2160 = $ 4120
Total weight of tea = 7 + 9 = 16 kgAverage price of blended tea = Total price of blended tea Total weight of tea
Correct Option: B
Here , Total price of blended tea = 280 × 7 + 240 × 9 × 100 = 1960 + 2160 = $ 4120
Total weight of tea = 7 + 9 = 16 kgAverage price of blended tea = Total price of blended tea Total weight of tea Average price of blended tea = 4120 = $ 257.50kg 16
