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Home Aptitude Profit and Loss Comments

  • Question
  • In a business, A invested 1200 rs. more than B. B invested his amount for 15 months while A invested for 4 months more than that of B. If total profit was 1240 rs. in which the profit of B is 280 Rs. less than that if A. then what was the invested amount of A?


  • Options
  • A. 6000
  • B. 7000
  • C. 5000
  • D. 8000

  • Correct Answer
  • 6000 

    Explanation

    Ans. 
    Let B?s investment = x rs.
    ? A?s investment =( x + 1200) rs.
    Ratio of the profits of A and B = (x+1200)*(15+4):x*15 = {19(x+1200)}:15x
    Now,let the total profit of A =y
    ? total profit of B = (y-280)
    But total profit = 1240
    ?y+(y-280)=1240
    ?2y=1520
    ?y= 760
    ?profit of A = 760rs.
    Profit of B = 760-280=480 rs.
    Ratio of profits= 760:480 = 19:12
    According to the question,

    19(x+1200)/15x = 19/12

    12x+14400 = 15x

    ?3x = 14400
    ?x = 4800 rs.
    ?investment of A = 4800+1200
                              = 6000 rs.

  • Tags: AIEEE, Bank Exams, GATE

    Profit and Loss problems


    Search Results


    • 1. I gain 19% if I sell an article for Rs. 595. What would be my gain or loss percentage if I sell it for Rs. 475?

    • Options
    • A. Gain 5%
    • B. Loss 5%
    • C. Loss 10%
    • D. Gain 10%
    • Discuss
    • 2. The annual salary of Arun is 7.68 lac. If he spends Rs. 12000 on his children, 1/13th of rest of the salary on food and Rs. 8000 in mutual funds, then find the monthly saving he is left with?

    • Options
    • A. Rs. 38000/-
    • B. Rs. 39500/-
    • C. Rs. 40000/-
    • D. Rs. 41250/-
    • Discuss
    • 3. Ravi sold a smartphone for Rs. 30,000. Had he offered a discount of 10% on the selling price(SP), he would have earned a profit of 35%. What is the cost price?

    • Options
    • A. Rs. 20,000
    • B. Rs. 22,000
    • C. Rs. 24,000
    • D. Rs. 26,000
    • Discuss
    • 4. A shopkeeper by selling 20 Timex watches, earns a profit equal to the selling price of 4 Timex watches. His profit percentage is

    • Options
    • A. 20 percent
    • B. 25 percent
    • C. 30 percent
    • D. 50 percent
    • Discuss
    • 5. If the selling price is doubled, the profit triples. The profit percent is

    • Options
    • A. 66.6%
    • B. 150%
    • C. 100%
    • D. 190%
    • Discuss
    • 6. A man purchased a bullock and a cart for Rs 1800. He sold the bullock at a profit of 20% and the cart at a profit of 30%.His total profit was 155/6 %. Find the cost price of bullock.

    • Options
    • A. Rs 650
    • B. Rs 750
    • C. Rs 900
    • D. Rs 800
    • Discuss
    • 7. A home theatre set is Rs. 4950. If two successive discounts of 20% and 15% are given, then its selling price is

    • Options
    • A. Rs.3366
    • B. Rs.6633
    • C. Rs.3636
    • D. Rs.6363
    • Discuss
    • 8. If the ratio of cost price and selling price is 4 : 5 ,then the percentage of profit will be

    • Options
    • A. 20
    • B. 0.1
    • C. 10
    • D. 25
    • Discuss
    • 9. An item is sold at two successive gains of 30% and 20%. If the final selling price is Rs 31200, then what is the cost price (in Rs)?

    • Options
    • A. 15000
    • B. 20000
    • C. 22250
    • D. 24000
    • Discuss
    • 10. The cost price of 25 books is equal to the selling price of 20 books. The profit percent is

    • Options
    • A. 20%
    • B. 22%
    • C. 24%
    • D. 25%
    • Discuss


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