Partnership Question & Answers



rajesh1

Anand and Deepak started a business investing Rs. 22,500 and Rs. 35,000 respectively. Out of a total profit of Rs. 13,800, Deepak's share is :

A) 8400 B) 8200
C) 8100 D) 8000
Answer & Explanation Answer: A) 8400

Explanation:

Ratio of their shares = 22500 : 35000 = 9 : 14.


Deepak's share = Rs. (13800 * 14/23) = Rs. 8400.

Report Error

view answer Workspace Report Error Discuss

Submitted By: rajesh1
Subject: Partnership - Quantitative Aptitude - Arithmetic Ability

rajesh1

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
Answer & Explanation Answer: A) 144

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.

Report Error

view answer Workspace Report Error Discuss

Submitted By: rajesh1
Subject: Partnership - Quantitative Aptitude - Arithmetic Ability

rajesh1

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
Answer & Explanation Answer: A) 144

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.

Report Error

view answer Workspace Report Error Discuss

Submitted By: rajesh1
Subject: Partnership - Quantitative Aptitude - Arithmetic Ability

rajesh1

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
Answer & Explanation Answer: B) 28000

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.

Report Error

view answer Workspace Report Error Discuss

Submitted By: rajesh1
Subject: Partnership - Quantitative Aptitude - Arithmetic Ability

rajesh1

A, 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
Answer & Explanation Answer: A) 14700

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.

Report Error

view answer Workspace Report Error Discuss

Submitted By: rajesh1
Subject: Partnership - Quantitative Aptitude - Arithmetic Ability