Quantitative Aptitude - Partnership
Exam Duration: 45 Mins Total Questions : 30
P and Q started a business investing Rs.85,000 and Rs.15,000 respectively. In what ratio the profit earned after 2 years be divided between P and Q respectively ?
- (a)
3 : 4
- (b)
3 : 5
- (c)
15 : 23
- (d)
17 : 23
- (e)
None of these
Kamal started a business investing Rs.9000. After five months,Sameer joined with a capital of Rs. 8000. If at the end of the year, they earn a profit of Rs. 6970, then what will be the share of sameer in the profit ?
- (a)
Rs. 1883.78
- (b)
Rs. 2380
- (c)
Rs. 3690
- (d)
Rs. 3864
Arun, Kamal and vijay invested Rs. 8000, Rs. 4000 and Rs. 8000 respectively in a business. Arun left after six months. If after eight months, there was a gain of Rs. 4005, then what will be the share of Kamal ?
- (a)
Rs. 890
- (b)
Rs. 1335
- (c)
Rs. 1602
- (d)
Rs. 1780
A,B and C enter into a partnership. They invest Rs. 40,000, Rs.80,000 and Rs. 1,20,000 respectively. At the end of the first year, B withdraws Rs. 40,000, while at the end of second year, C withdraws Rs. 80,000.In What ratio will the profit be shared at the end of 3 years ?
- (a)
2 : 3 : 5
- (b)
3 : 4 : 7
- (c)
4 : 5 : 9
- (d)
None of these
Shekhar started a business investing Rs.25,000 in 1999. In 2000, he invested an additional amount of Rs.10,000 and Rajeev joined him with an amount of Rs. 35,000. In 2001, Shekar invested another additional amount of Rs. 10,000 and Jatin joined them with an amount of Rs.35,000. What will be Rajeev's share in the profit of Rs. 1,50,000 earned at the end of 3 years from the start of the business in 1999 ?
- (a)
Rs.45,000
- (b)
Rs.50,000
- (c)
Rs.70,000
- (d)
Rs.75,000
- (e)
None of these
A and B entered into a partnership investing Rs. 16,000 and Rs. 12,000 respectively. After 3 months,A withdraw Rs. 5000 while B invested Rs.5000 more. After 3 more months, C joins the business with a capital of Rs. 21,000. The share of B exceeds that of C, out of a total profit of Rs. 26,400 after one year by :
- (a)
Rs. 2400
- (b)
Rs.3000
- (c)
Rs.3600
- (d)
Rs.4800
A and B start a business with investments of Rs. 5000 and Rs. 4500 respectively. After 4 months, A takes out half of his capital. After two more months, B takes out one-third of his capital while C joins them with a capital of Rs. 7000. At the end of a year, they earn a profit of Rs. 5080. Find the share of each member in the profit.
- (a)
A - Rs.1400, B- Rs. 1900, C - Rs. 1780
- (b)
A - Rs.1600, B- Rs. 1800, C - Rs. 1680
- (c)
A - Rs.1800, B- Rs. 1500, C - Rs. 1780
- (d)
A - Rs.1680, B- Rs. 1600, C - Rs. 1800
- (e)
None of these
A,B,C subscribe Rs. 50,000 for a business. A subscribes Rs. 4000 more than B and B Rs. 5000 more than C. Out of a total profit of Rs. 35,000, A receives :
- (a)
Rs.8400
- (b)
Rs.11,900
- (c)
Rs.13,600
- (d)
Rs.14,700
A,B,C hired a car for Rs.520 and used it for 7,8 and 11 hours respectively. Hire charges paid by B were :
- (a)
Rs. 140
- (b)
Rs. 160
- (c)
Rs. 180
- (d)
Rs. 220
A,B and C rent a pasture. A puts 10 oxen for 7 months, B puts 12 oxen for 5 months and C puts 15 oxen for 3 months for grazing. If the rent of the pasture is Rs. 175, how much must C pay as his share of rent ?
- (a)
Rs. 45
- (b)
Rs. 50
- (c)
Rs. 55
- (d)
Rs. 60
A and B started a partnership business investing some amount in the ratio of 3 : 5. C joined them after six months with an amount equal to that of B. In what proportion should the profit at the end of one year be distributed among A,B and C ?
- (a)
3 : 5 : 2
- (b)
3 : 5 : 5
- (c)
6 : 10 : 5
- (d)
Data inadequate
- (e)
None of these
A,B and C enter into a partnership and their shares are in the ratio \(\frac { 1 }{ 2 } \):\(\frac { 1 }{ 3 } \):\(\frac { 1 }{ 4 } \). After 2 months, A withdraws half of his capital and after 10 months, a profit of Rs.378 is divided among them. What is B's share ?
- (a)
Rs. 129
- (b)
Rs. 144
- (c)
Rs. 156
- (d)
Rs. 168
A,B,C started a business with their investments in the ratio 1 : 3 : 5. After 4 months, A invested the same amount as before and B as well as C withdraw half of their investments. The ratio of their profits at the end of the year is :
- (a)
4 : 3 : 5
- (b)
5 : 6 : 10
- (c)
6 : 5 : 10
- (d)
10 : 5 : 6
In a partnership, A invests \(\frac { 1 }{ 6 } \)of the capital for \(\frac { 1 }{ 6 } \)of the time, B invests \(\frac { 1 }{ 3 } \)of the capital for \(\frac { 1 }{ 3 } \)of the time and C, the rest of the capital for the whole time. Out of a profit of Rs.4600, B's share is :
- (a)
Rs. 650
- (b)
Rs. 800
- (c)
Rs. 960
- (d)
Rs. 1000
A,B and C jointly thought of engaging themselves in a business venture. It was agreed that A would invest Rs. 6500 for 6 months, B Rs. 8400 for 5 months and C Rs. 10,000 for 3 months. A wants to be working member for which he was to receive 5% of the profits. The profit earned was Rs.7400. Calculate the share of B in the profit.
- (a)
Rs.1900
- (b)
Rs.2660
- (c)
Rs.2800
- (d)
Rs.2840
X and Y invested in a business. They earned some profit which they divided in the ratio of 2 : 3. If X invested Rs. 40,000, the amount invested by Y is :
- (a)
Rs. 45,000
- (b)
Rs. 50,000
- (c)
Rs. 60,000
- (d)
Rs. 80,000
A and B started a business jointly. A's invesment was thrice the investment of B and the period of his investment was two times the period of investment of B. If B received Rs.4000 as profit,then their total profit is :
- (a)
Rs.16,000
- (b)
Rs.20,000
- (c)
Rs.24,000
- (d)
Rs.28,000
A began a business with Rs.85,000. He was joined afterwards by B with Rs.42,500 for how much period does B join, if the profits at the end of year are divided in the ratio of 3 : 1 ?
- (a)
4 months
- (b)
5 months
- (c)
6 months
- (d)
8 months
A starts business with Rs.3500 and after 5 months, B joins with A as his partner. After a year,the profit is divided in the ratio 2 : 3. What is B's contribution in the capital ?
- (a)
Rs.7500
- (b)
Rs.8000
- (c)
Rs.8500
- (d)
Rs.9000
Two friends P and Q started a business investing in the ratio of 5 : 6 R joined them after six months investing an amount equal to that of Q's . At the end of the year,20% profit was earned which was equal to Rs.98,000. What was the amount invested by R?
- (a)
Rs.1,05,000
- (b)
Rs.1,75,000
- (c)
Rs.2,10,000
- (d)
Data inadequate
- (e)
None of these
A and B invest in a business in the ratio 3 : 2.If 5% of the total profit goes to charity and A's share is Rs. 855, the total profit is :
- (a)
Rs. 1425
- (b)
Rs. 1500
- (c)
Rs. 1537.50
- (d)
Rs. 1576
A and B started a business with initial investment in the ratio 14 : 15 and their annual profits were in the ratio 7 : 6. If A invested the money for 10 months, for how many months did B invest his money?
- (a)
6
- (b)
7
- (c)
8
- (d)
9
A and B are partners in a business. A contributes \(\frac { 1 }{ 4 } \)of the capital for 15 months and B received \(\frac { 2 }{ 3 } \)of the profit. For how long B's money was used ?
- (a)
6 months
- (b)
9 months
- (c)
10 months
- (d)
1 year
Ravi, Gagan and Nitin are running a business firm in partnership. What is Gagan's share in the profit earned by them ?
I. Ravi, Gagan and Nitin invested the amount in the ratio of 2 : 4 : 7.
II. Nitin's share in the profit is Rs. 8750
- (a)
if the data in Statement I alone are sufficient to answer the question, while the data in Statement II alone are not sufficient to answer the question;
- (b)
if the data in Statement II alone are sufficient to answer the question, while the data in Statement I alone are not sufficient to answer the question;
- (c)
if the data either in Statement I or in Statement II alone are sufficient to answer the question;
- (d)
if the data even in both Statements I and II together are not sufficient to answer the question;
- (e)
If the data in both Statements I and II together are necessary to answer the question.
A and B are in a partnership business of one year. At the end of the year, a profit of Rs.20,000 was earned. What is A's share ?
I. A invested Rs. 50,000.
II. B withdraw his capital after 8 months.
- (a)
if the data in Statement I alone are sufficient to answer the question, while the data in Statement II alone are not sufficient to answer the question;
- (b)
if the data in Statement II alone are sufficient to answer the question, while the data in Statement I alone are not sufficient to answer the question;
- (c)
if the data either in Statement I or in Statement II alone are sufficient to answer the question;
- (d)
if the data even in both Statements I and II together are not sufficient to answer the question;
- (e)
If the data in both Statements I and II together are necessary to answer the question.
Rahul, Anurag and Vivek started a business together. In what proportion would the annual profit be distributed among them ?
I. Rahul got one-fourth of the profit.
II. Rahul and Vivek contributed 75% of the total investment.
- (a)
if the data in Statement I alone are sufficient to answer the question, while the data in Statement II alone are not sufficient to answer the question;
- (b)
if the data in Statement II alone are sufficient to answer the question, while the data in Statement I alone are not sufficient to answer the question;
- (c)
if the data either in Statement I or in Statement II alone are sufficient to answer the question;
- (d)
if the data even in both Statements I and II together are not sufficient to answer the question;
- (e)
If the data in both Statements I and II together are necessary to answer the question.
What is R's share of profit in a joint venture ?
I. Q started business investing Rs.80,000
II. R joined him after 3 months.
III. P joined after 4 months with a capital of Rs. 1,20,000 and got Rs. 6000 as his share of profit.
- (a)
All I,II and III
- (b)
I and III only
- (c)
II and III only
- (d)
Even with all I,II and III the answer cannot be arrived at
- (e)
None of these
What is the difference in the shares of profit between P and Q in a joint business at the end of one year ?
I. P invested Rs.80,000 and withdraw Rs.20,000 after 6 months.
II. Q joined four months after the start of business.
III. Q's amount was 80% of P's amount during the last six months.
- (a)
I and II only
- (b)
II and III only
- (c)
All I,II and III
- (d)
Even with all I,II and III together, the answer cannot be arrived at.
- (e)
None of these.
A,B and C together start a business with a total investment of Rs. 15,000. At the end of the year, the total profit is Rs.3000. What is A's share in the profit?
I. A's contribution is \(\frac { 3 }{ 2 } \)times B's.
II. B's contribution is twice that of C.
III. A's contribution is thrice that of C.
- (a)
I and II only
- (b)
II and III only
- (c)
All I,II and III
- (d)
Any two of the three
- (e)
None of these
How much did Rohit get as profit at the year end in the business done by Nitin,Rohit and Kunal ?
I. Kunal invested Rs. 8000 for nine months,his profit was \(\frac { 3 }{ 2 } \)times that of Rohit's and his investment was four times that of Nitin.
II. Nitin and Rohit invested for one year in the proportion 1 : 2 respectively.
III.The three together got Rs.1000 as profit at the year end.
- (a)
Only I and II
- (b)
Only I and III
- (c)
Question cannot be answered even with the information in all the three statement.
- (d)
All I,II and III
- (e)
None of these