# Partnership Question & Answers

## Partnership

Quantitative aptitude questions are asked in many competitive exams and placement exam. ‘Partnership’ is a category in Quantitative Aptitude. Quantitative aptitude questions given here are extremely useful for all kind of competitive exams like Common Aptitude Test (CAT), MAT, GMAT, IBPS Exam, CSAT, CLAT, Bank Competitive Exams, ICET, UPSC Competitive Exams, CLAT, SSC Competitive Exams, SNAP Test, KPSC, XAT, GRE, Defense Competitive Exams, L.I.C/ G. I.C Competitive Exams, Railway Competitive Exam, TNPSC, University Grants Commission (UGC), Career Aptitude Test (IT Companies) and etc., Government Exams etc.

We have a large database of problems on “Partnership” answered with explanation. These will help students who are preparing for all types of competitive examinations.

Simran started a software business by investing Rs. 50,000. After six months, Nanda joined her with a capital of Rs. 80,000. After 3 years, they earned a profit of Rs. 24,500. What was Simran's share in the profit ?

A) 10110 | B) 10500 |

C) 12000 | D) 13000 |

Explanation:

Simran : Nanda = (50000 * 36) : (80000 * 30) = 3 : 4.

Simran's share = Rs. ( 24500 * 3/7) = Rs. 10500.

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Subject: Partnership - Quantitative Aptitude - Arithmetic AbilityA, B and C enter into a partnership and their shares are in the ratio 1/2 : 1/3 : 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) 144 | B) 169 |

C) 225 | D) 339 |

Explanation:

Ratio of initial investments = 1/2 : 1/3 : 1/4 = 6 : 4 : 3.

Let their initial investments be 6x, 2x and 3x respectively.

A : B : C = (6x * 2 + 3x * 10) : (4x * 12) : (3x * 12) = 42 : 48 : 36 = 7 : 8 : 6.

B's share = Rs. (378 * 8/21) = Rs. 144.

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Subject: Partnership - Quantitative Aptitude - Arithmetic AbilityA, B, C subscribe Rs. 50,000 for a business, A Subscribes Rs. 4000 more than B and B Rs. 5000 more thanC. Out of a total profit of Rs. 35,000, A receives :

A) 14700 | B) 15000 |

C) 12000 | D) 13500 |

Explanation:

Let C = x. Then, B = x + 5000 and A = x + 5000 + 4000 = x + 9000.

So, x + x + 5000 + x + 9000 = 50000 <=> 3x = 36000 <=>

x = 12000.

A : B : C = 21000 : 17000 : 12000 = 21 : 17 : 12.

A's share = Rs. (35000 * 21/50 ) = Rs. 14,700.

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Subject: Partnership - Quantitative Aptitude - Arithmetic AbilityA, B and C enter into a partnership with a capital in which A's contribution is Rs. 10,000. If out of a total profit of Rs. 1000, A gets Rs. 500 and B gets Rs. 300, then C's capital is :

A) 4000 | B) 5000 |

C) 6000 | D) 7000 |

Explanation:

A : B : C = 500 : 300 : 200 = 5 : 3 : 2.

Let their capitals be 5x, 3x and 2x respectively. Then, 5x = 10000 <=> x = 2000.

C's capital = 2x = Rs. 4000.

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Subject: Partnership - Quantitative Aptitude - Arithmetic AbilityA and B started a business jointly A's investment 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) 22000 | B) 28000 |

C) 32000 | D) 36000 |

Explanation:

Suppose **B** invested Rs. x for y months. Then, A invested Rs. 3x for 2y months.

So, A : B = (3x * 2y) : (x * y) = 6xy : xy = 6 : 1.

B's profit : Total profit = 1 : 7.

Let the total profit be Rs. x Then, 1/7 = 4000/x or x = 28000.

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Subject: Partnership - Quantitative Aptitude - Arithmetic Ability