Quantitative Aptitude is one of the scoring sections of the bank examination. If you clear your basics and practice more and more quizzes and also follow a proper study plan, you can easily crack the exam. RBI Assistant Exam is one of the most prestigious exams in the Banking Sector. 4th July 2020 RBI Assistant Mains Quiz Based on- Partnership, Profit & Loss and Simplification.
Q1. The profit on an article when it is sold for Rs. 720 is half of the loss when the same article is sold for Rs. 420. find the cost price of the article.
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(a) Rs. 620
(b) Rs. 700
(c) Rs. 520
(d) Rs. 840
(e) Cannot be determined
Q2. A starts a business with a capital of Rs 1200. B and C join with some investments after 3 and 6 months, respectively. If at the end of a year, the profit is divided in the ratio 2 : 3 : 5 respectively, then what is difference between the investment of B and C in the business?
(a) Rs. 2400
(b) Rs. 1800
(c) Rs 3600
(d) Rs 6000
(e) Rs 3400
Q3. A, B and C entered in a business for one year, 8 months and 9 months respectively. A and C earn a profit of 10,000 and 20,000 from the total profit of 55000 after one year. If ‘A’ invest 1,50,000 initially then find the difference between investment of B and C.
(d) can’t be determined
Q4. Investment of A is 40% more than investment of B. Ratio between time of investment of A and B is 2 : 3. If total investment of A and B is 6000 and profit of A obtained out of total profit is 16% less than his investment then find the difference between the profit earned by B and profit earned by A.
Q5. ‘A’ and ‘B’ started a business together. ‘A’ invested (P + 250) initially while ‘B’ invested ‘1.5P’ initially. ‘A’ invested Rs. 1000 more after every 4 months while ‘B’ invested Rs. 500 more after every quarter. After an year ‘A’ got 46% of total profit then find the amount invested by ‘B’ in 3rd quarter?
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