Question
Akshita and Monika started a business with initial
investments of Rs. 2,400 and Rs. 2,500 respectively. After one year, Akshita withdrew ___% and Monika withdrew ____% of their initial investments. After 2 years, the profit share of Akshita out of the total profit is more than 50%. The values given in which of the following options will fill the blanks in the same order to make the above statement true? I. 20%, 30% II. 25%, 30% III.12%, 16%Solution
ATQ, Investment of Akshita for 2 year = 2400 × 0.80 = Rs. 1,920 Investment of Monika for second share = 2500 × 0.70 = Rs. 1750 Ratio the profits of Akshita to Monika = 2400 + 1920: 2500 + 1750 = 4320: 4250 = 432: 425 So the profit % of Akshita out of the total profit = 432/(432 + 425) × 100 = 43200/857 = 50.4% So option I can be the answer. Option II: Investment of Akshita for second year = 2400 × 0.75 = Rs. 1,800 Investment of Monika for second share = 2500 × 0.70 = Rs. 1750 Ratio the profits of Akshita to Monika = 2400 + 1800: 2500 + 1750 = 4200: 4250 = 84: 85 So the profit % of Akshita out of the total profit = 84/(84 + 85) × 100 = 8400/169 = 49.7% So option II can’t be the answer. Option III: Investment of Akshita for 2 year = 2400 × 0.88 = Rs. 2,112 Investment of Monika for second share = 2500 × 0.84 = Rs. 2100 Ratio the profits of Akshita to Monika = 2400 + 2112: 2500 + 2100 = 4512: 4600 = 564: 575 So the profit % of Akshita out of the total profit = 564/(564 + 575) × 100 = 56400/1139 = 49.51% So option III can’t be the answer
 In a lock-making factory, 10 percent of the total produced locks were found to be defective, and 80 percent of the non-defective locks were exported. ...
- Rohit purchased a mobile phone for Rs. 18,500 and sold it for Rs. 21,465. Find the percentage of profit he made.
The number of trees in a park increases by 12% every year. If the number of trees after 2 years will be 3,136, find the current number of trees in the p...
A man spends 72% of his income. If his income increases by 28% and his expenditure increases by 25%, then what is the percentage increase or decrease in...
- A person paid Rs. 13500 for a refrigerator after a single discount of 25%. If he had been given successive discounts of 15% and 15%, how much would he have...
Out of his total income, Rahul spent 25% on rent, 35% of the remaining income on groceries, and saved 60% of the income left after his expenses.
The price of a commodity has risen by 40%, leading to a 25% decrease in the quantity sold. What is the overall impact on total revenue?
- During an election, 5% of the total electorate didn’t cast their votes. The winning candidate secured 51% of the total votes and won by 1400 votes. Deter...
Income of A is twice the income of B. B and A spend 75% and 85% respectively of their incomes. Find the savings of A, if B saves Rs. 18000 in a month.
The earnings ratio of individuals 'P' and 'Q' stands at 5:3, respectively. 'P' manages to save 20% of their income, which is precisely 80% of what 'Q' s...
Relevant for Exams:
