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A and B are partners in a firm. They are entitled to interest on their capitals, but the net profit was not sufficient for interest. In this case, the net profit will be distributed among partners in
A
Agreed ratio
B
Profit-sharing ratio
C
Capital ratio
D
Equally
Correct Answer:
Capital ratio
A and B are partners with a profit-sharing ratio of 2 : 1 and capitals of Rs. 3,00,000 and Rs. 2,00,000, respectively. They are allowed 6% per annum interest on their cap itals and are charged 10% per annum interest on their drawings. Their drawings during the year were Rs. 60,000 for A and Rs. 40,000 for B. B's share of net profit as per profit and loss appropriation account amounted to Rs. 40,000. The net profit of the firm before any appropriation was
A
Rs. 1,22,000
B
Rs. 1,13,000
C
Rs. 1,17,000
D
Rs. 1,45,000
Each of the following problem has a question and two statements which are labeled 1. and. Use the data given in 1. and 2. to decide whether the statements are sufficient to answer the question.Select one of the following . a.Statements (1) ALONE is sufficient,but (2) ALONE is not sufficient. b.Statements (2) ALONE is sufficient,but (1) ALONE is not sufficient. c. Both statement TOGETHER are sufficient but statement alone is sufficient .How many minutes are there is time period T? (1) Time period T extends from 12.00 midnight to 12.00 noon.(2) Time period T is 2 hours and 180 seconds long.
A
A
B
B
C
C
D
D
Each of the following problem has a question and two statements which are labeled 1. and. Use the data given in 1. and 2. to decide whether the statements are sufficient to answer the question.Select one of the following . a.Statements (1) ALONE is sufficient,but (2) ALONE is not sufficient. b.Statements (2) ALONE is sufficient,but (1) ALONE is not sufficient. c. Both statement TOGETHER are sufficient but statement alone is sufficient .Car X traveled from city A to city B in 30 minutes.What was the average speed of car X? (1) Half the distance of the trip was covered at 50 miles per hour, and the other half of the distance was covered at 60 miles per hour.(2) Car X traveled 30 miles during the trip.
A
A
B
B
C
C
D
D
Each of the following problem has a question and two statements which are labeled 1. and. Use the data given in 1. and 2. to decide whether the statements are sufficient to answer the question.Select one of the following . a.Statements (1) ALONE is sufficient,but (2) ALONE is not sufficient. b.Statements (2) ALONE is sufficient,but (1) ALONE is not sufficient. c. Both statement TOGETHER are sufficient but statement alone is sufficient . What is the volume of rectangular box S? (1) The total surface of S is 22.(2) The rectangular box S is a cube
A
A
B
B
C
C
D
D
Each of the following problem has a question and two statements which are labeled 1. and. Use the data given in 1. and 2. to decide whether the statements are sufficient to answer the question.Select one of the following . a.Statements (1) ALONE is sufficient,but (2) ALONE is not sufficient. b.Statements (2) ALONE is sufficient,but (1) ALONE is not sufficient. c. Both statement TOGETHER are sufficient but statement alone is sufficient . A fly crawls around the outside of a circle once.A second fly crawls around the outside of a square once.Which fly travels further ? (1) The diagonal of the square is equal to the diagonal of the circle.(2) The fly crawling around the circle took more time to complete has journey than the fly cawing around the square.
A
A
B
B
C
C
D
D
Each of the following problem has a question and two statements which are labeled 1. and. Use the data given in 1. and 2. to decide whether the statements are sufficient to answer the question.Select one of the following . a.Statements (1) ALONE is sufficient,but (2) ALONE is not sufficient. b.Statements (2) ALONE is sufficient,but (1) ALONE is not sufficient. c. Both statement TOGETHER are sufficient but statement alone is sufficient . A worker is hired for six days.He is paid Tk.2 more for each day of work than he was paid for the preceding day of work.How much was he paid for the day of work?
A
A
B
B
C
C
D
D
Each of the following problem has a question and two statements which are labeled 1. and. Use the data given in 1. and 2. to decide whether the statements are sufficient to answer the question.Select one of the following . a.Statements (1) ALONE is sufficient,but (2) ALONE is not sufficient. b.Statements (2) ALONE is sufficient,but (1) ALONE is not sufficient. c. Both statement TOGETHER are sufficient but statement alone is sufficient . Is K a multiple of 6? (1)K is a multiple of 3. (2) K is a multiple of 12.
A
A
B
B
C
C
D
D
X and Y are partners in a firm. X is entitled to a salary of Rs. 2,000 per month together with a commission of 10% of net profit before chargin any commission. Y is entitled to a salary of Rs. 5000 per annum together with a commission of 10% of net profit after charging all commissions. Net profit before charging any commission for the year was Rs. 55,000. What will be the net profits to be distributed to X and Y respectively?
A
Rs. 20,000 and Rs. 2,30,000
B
Rs. 2,15,000 and Rs. 23,500
C
Rs. 22,000 and Rs. 22,500
D
Rs. 22,350 and Rs. 22,450
E
Rs. 22,500 and Rs. 22,500
X and Y are partners in the ratio of 3 : 2. Their capitals are Rs. 2,00,000 and Rs. 1,00,000 respectively. The interest on capitals is allowed @ 8% per annum. The firm earned a profit of Rs. 60,000 for the year ending on 31
st
March 2019. The interest on capital will be
A
X - Rs. 16,000, Y - Rs. 8,000
B
X - Rs. 8,000, Y - Rs. 4,000
C
X - Rs. 14,400, Y - Rs. 9,600
D
No interest will be allowed
Read the passage carefully and select the best answer to each question out of the given four alternatives.
Public opinion may be passive and false or active and real. It is claimed in theory that all governments are ultimately based on the opinion or sanction of the governed. But we find that in practice the people's rights are often trodden down and tyranny and oppression are allowed to continue. The government does it not because the people want it to do so but because they are too idle, too uneducated and too disunited or timid to oppose the govern ment. Such public opinion is passive and false and not an active verdict. But when we find people alert, intelligent and determined to let the government know their will, when they want to exercise actively their voice in the management of their country, we have an instance of true or active public opinion. True public opinion is formed by and expressed through the press, the platform, political parties and educational institutions. These have sacred duties to perform, duties on which depends the ultimate good of the entire community. The press today wields a tremendous influence, So it should support the causes and move ments and condemn the wrong one's and thus teach people to form correct opinion. A free and fair press ventilates the grievances of the public. Thus a healthy relationship develops between the people and the government through out an unbiased press. Political parties also help to create and regulate opinions. No less important part is played by the educational Institutions which train the minds of the young people who will be the citizens of tomorrow. It has been said that modern Germany and China have been made by their universities. It is necessary that the young and the growing minds should imbibe the spirit of fellow-feeling, the spirit of tolerance, the habit of compromise, and show due regard for the feelings and opinion of others without which a democratic society cannot function, let alone succeed. When there is true awakening of the people, we shall have the real and conscious public opinion. And justice will reign on earth and truly will the voice of the people be the voice of God.
According to the passage, which of the following is needed from the people to have true or active public opinion? 1. Alertness
2. Determination
3. Intelligence
4. Raising their voice
A
1, 2 and 3
B
Only 4
C
2 and 3
D
All of these