Directions (1-5): Given below the table shows types of interest offered by five banks, principal amount, time of period and rate of interest. Some of the data is missing. Calculate that according to information given in questions.
Q1. If the ratio of interest rate of IDBI to that of UCO is 3: 4, then find the difference between principle invested in UCO bank and amount obtained from IDBI, if time period for both banks is same?
(a) 13800 Rs
(b) 12800 Rs
(c) 11800 Rs
(d) 13600 Rs
(e) 13900 Rs.
Q2. If rate of interest offered by SBI and Yes bank is same. Then find principle invested in SBI is approximately what percent of amount obtained from YES bank?
(a) 52%
(b) 59%
(c) 70%
(d) 65%
(e) 78%
Q3. What is amount of interest obtained from ICICI bank, if ratio of principle invested in ICICI bank to principal invested in Yes bank is 7 : 5 and time period is one year less for ICICI bank than time period of YES bank?
(a) 9020 Rs
(b) 9030 Rs
(c) 8030 Rs
(d) 7030 Rs
(e) 9080 Rs.
Q4. Principle invested in ICICI is 3000 more than principle invested in UCO bank and both invested for same period of time and UCO bank offered 8% rate of interest annually. If amount obtained from ICICI is Rs. 32870 more than interest obtained from UCO bank then find the principle invested in UCO bank and ICICI bank?
(a) Rs 25000 & Rs 27000
(b) Rs 18000 & Rs 16000
(c) Rs 22000 & Rs 20000
(d) Rs 25000 & Rs 28000
(e) Rs 24000 & Rs. 28000
Q5. If ratio between rate of interest offered by SBI bank to IDBI bank is 5 : 3 and ratio between time period is 2 : 1 respectively, then find the sum of principle invested in SBI bank and amount obtained from IDBI bank?
(a) 27850 Rs
(b) 28850 Rs
(c) 29950 Rs
(d) 27950 Rs
(e) 31950 Rs.
Directions (6- 10): Bar graph given below shows additional amount invested by different investors after 3 months, six months and 9 months of investment. Study the data carefully and answer the following questions.
Note: – For example: –
Initial investment of Amit = 5,000
Investment of Amit after 3 months = 5000+3000 = 8000
Investment of Amit after 6 months = 8000+5000 = 13000
Investment of Amit after 9 months = 13000+8000 = 21000
Q6. Amit and Charu started a business together. ‘Charu’ worked for 10 months & left the business and ‘Amit’ worked for 12 months. Amit’s initial investment is 50% more than Charu’s initial investment. If Amit got Rs.3120 more profit than ‘Charu’, then find Charu’s profit out of total profit.
(a) 3900
(b) 7020
(c) 4200
(d) 7320
(e) Cannot determined
Q7. Bharat and Deepak both invested for six months in a business. Initial investment of both Bharat and Deepak is same. If out of total profit of Rs 41,250 Bharat got Rs 18,750 , then find initial investment of Deepak ?
(a) 4000
(b) 6000
(c) 8000
(d) 10000
(e) 12000
Q8. If Amit and Bharat’s initial investment is Rs 12000 and Rs 10000 respectively then find Bharat’s share in profit is what percent less then Amit’s share in profit, if both invested for 12 months?
(a) 4⅙%
(b) 4%
(c) 3⅓%
(d) 3%
(e) 5⅓%
Q9. Charu and Deepak started a business together. Charu invested for 10 months while Deepak invested for 9 months. If ratio between Charu’s and Deepak’s initial invested is 9 : 20 and ratio between profit share of Charu to total profit is 5 : 14, then find the total investment Deepak after 6 months of starting of business?
(a) 20,000
(b) 28,000
(c) 23,000
(d) 33,000
(e) 35,000
Q10. Bharat and Ekta started a business together. ‘Bharat’ invested for 11 months while ‘Ekta’ invested for 12 months. Out of total profit 20% is given to ‘Bharat’ as an active partner and remaining is distributed between ‘Bharat’ and ‘Ekta’ according to their investments. At last profit share of Bharat and Ekta is equal. If initial investment of ‘Bharat’ is Rs. 6,000, then find initial investment of ‘Ekta’?
(a) Rs. 9,750
(b) Rs. 11,250
(c) Rs. 13,750
(d) Rs. 12,500
(e) Cannot be determined
Solutions