## 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.

A, 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 =$\inline \fn_jvn Rs.(378\times \frac{8}{21})$  = Rs. 144.

Subject: Partnership - Quantitative Aptitude - Arithmetic Ability

5

If 4 (A's capital) = 6 (B's capital) = 10 (C's capital), then out of a profit of Rs. 4650, C will receive ____

 A) Rs.700 B) Rs.800 C) Rs.900 D) Rs.1000

Explanation:

Let 4A = 6B = 1OC = k. Then, A = k/4, B = k/6,  and C =k/10 .

A : B :C = k/4 : k/6 : k/10 = 15 : 10 : 6.

Hence, C's share (4650 *  6/31) = Rs, 900.

Subject: Partnership - Quantitative Aptitude - Arithmetic Ability

1

Two partners investede Rs. 1250 and Rs. 850 respectively in a business. They distributed 60% of the profit equally and decide to distribute the remaining 40% as the ratio of their capitals. If one partner received Rs. 30 more than the other, find the total profit?

Let the total profit be Rs.x

60% of the profit = $\inline&space;\frac{60}{100}\times&space;x=Rs.\frac{3x}{5}$

from  this part of the profit each gets = Rs.$\inline&space;\frac{3x}{10}$

40% of the profit = $\inline&space;\frac{40}{100}\times&space;x=Rs.\frac{2x}{5}$

Now, this amount of Rs.$\inline&space;\frac{2x}{5}$ has been divided in the ratio of capitals 1250 : 850 = 25 :17

$\inline&space;\therefore$ Share on first capital = $\inline&space;(\frac{2x}{5}\times&space;\frac{25}{42})=Rs.\frac{5x}{21}$

Share on second capital = $\inline&space;(\frac{2x}{5}\times&space;\frac{17}{42})=Rs.\frac{17x}{105}$

Total money received by 1st investor = $\inline&space;[\frac{3x}{10}+\frac{5x}{21}]=&space;Rs.\frac{113x}{210}$

Total money received by 2nd investor = $\inline&space;[\frac{113x}{210}+\frac{97x}{210}]=Rs.\frac{97x}{210}$

$\inline&space;\therefore$ x = 393.75

Hence total profit = Rs. 393.75

Subject: Partnership - Quantitative Aptitude - Arithmetic Ability

17

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.

Subject: Partnership - Quantitative Aptitude - Arithmetic Ability

3

A 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.