Question
John and Jack entered into a partnership by
contributing capital in the ratio of 8:14. After a certain period, Jack withdrew his investment completely. Three years after the partnership began, the ratio of profits between John and Jack was found to be 9:14. Based on this, determine the number of months Jack remained invested in the business.Solution
Let the number of months for which Jack invested = 'y' months Number of months for which John invested = 3 X 12 = 36 months So, respective ratio of profit shares of John and Jack = (8 X 36):(14 X y) = 288:14y = 9:14 So, y = 288 ÷ 9 = 32
A Washing Machine was sold with two successive discounts of 12% and 20%. If it had been sold with a single discount of 32%, there would have been a lo...
A shop owner bought merchandise for Rs. 'u'. He then marked the price up by Rs. 2,800 above the purchase price and sold it after applying two sequential...
Ali Sold two articles, if he marked up the second article at 8.33% above the selling price of the first article and gave a discount of 12.5% on that, th...
Pankaj purchased a machine for Rs. 79,000 and spent Rs. 4000 on repair and Rs. 3000 on transport and sold it with 25% profit. At what price did he sell ...
"When a Seller purchased an item for Rs. 1200. He marked it above the cost price and sold it with two successive discounts of 25%...
A man has 20 liters of pure alcohol. To make a 75% profit while selling it at the original cost price of alcohol, how many liters of water should he mix...
A wholesaler buys 200 packets of biscuits for ₹15,000. During transportation, 15% of the packets get damaged and cannot be sold. If he wants to make a...
Ratio of the cost price of article ‘A’ to ‘B’ is 4:7, respectively. Article ‘A’ is marked up by 40% above its cost price and then sold at a ...
The ratio of cost price to marked price of a rice bag is 7:8 and the Marchant gets a profit of Rs.80 by selling the rice bag at Rs. 500. Then, what will...
A company produces two products, A and B. The cost price of product A is ₹300 and product B is ₹450. If the company sells 200 units of product A and...
Relevant for Exams:
