Math MCQ Questions with answers

1) Ravi starts a business with $ 45000. After a certain period of time he is joined by Mohan who invests $ 30000. At the end of the year they divide the profit in the ratio 9 : 4. When did Mohan join Ravi?

2) A, B and C invest their capital into a partnership business in the following manner; A invests one-half of the capital for three- fourth of the time, B invests one-third of the capital for one-half of the time and C invests the remaining capital for the whole time. If the profit earned is $ 510, how should A get?

3) Ravi and Shyam enter into a partnership and together start a business with contributions of Rs. 15000 and $ 20000. After 4 months Mohan also joins them with contribution of $ 22500. After 9 months Shyam withdraws his contribution. At the end of the year there is a profit of $ 9000. Find the share of each in the profit.

4) A starts an industry with $ 20 lakhs. After 4 months he enters into a partnership with B who contributes $ 40 lakhs. C joins them after another 3 months with a capital of $ 60 lakhs. At the year end, the balance sheet shows a profit of $ 74000. Find the share of A in the profit.

5) A and B are partners in a firm. A invests $ 15000 and B $ 25000. A is the working partner and gets 20% of the profit for his contribution in the management of the firm. B is the sleeping partner. If the profit is $ 475, find the share of B.

6) If the interest on Rs. 50 at 4.5 be equal to the discount on Rs. 59 for the same time and at the same rate when is the latter sum due ?

7) The simple interest and the true discount on a certain sum for a given time and at a given rate are Rs. 25 and Rs. 20 respectively. The sum is ?

8) The difference between the simple interest and the true discount on a certain sum of money for 6 months at 6% is Rs. 27. Find the sum?

9) A man buys a watch for Rs. 195 in cash and sells it for Rs. 220 at a credit of 1 year. If the rate of interest is 10%, the man ?

10) What will be the true discount for the present worth of ₹ 600 for a period of 4 yr at 4% per annum rate of interest?