Online exam in Partnership For Quantitative Aptitude for Competitive exams like IBPS BANK PO/Clerical,SBI,RRB,SSC,LIC,UPSC-CSAT,SCRA.MAT,CMAT,MBA,SNAP,CAT,NTSE,CLAT
Partnership-Test 1
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Subject :- Quantitative Aptitude
Chapter :- Partnership-Test 1
Questions :- 25
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The investment of A is twice as that of B and thrice as that of C. B invested for twice
the months than A and thrice the months than C. Who will earn the highest profit?
Correct
Investment ratio 6:3:2
Month ratio 3:6:2
Then 6*3 : 6*3 : 2*2
18:18:4==>9:9:2
Both A and B gets equal and highest
profits.
Incorrect
Investment ratio 6:3:2
Month ratio 3:6:2
Then 6*3 : 6*3 : 2*2
18:18:4==>9:9:2
Both A and B gets equal and highest
profits.
Question 2 of 25
2. Question
1 points
A, B and C start a business and their investments are in the ratio 4 : 3 : 6. Both A
and B starts the business and C joins them after 6 months. It was decided that C will
get a monthly salary of Rs 600 from the annual profits. C’s total salary came out to
be 10% of the annual profit after a year. What is the share of B in the total profits?
Correct
C’s monthly salary Rs600.
Then annual salary =600*6=3600(Because he work for 6 month only)
Rs3600is 10% of total profit.
Then total profit is Rs36000.
Ratio of their shares 4*12: 3*12: 6*6=4:3:3
Profit left after reducing salary of C =36,000 – 3,600 = 32,400
B’s share 3/10*32400=Rs 9720.
Incorrect
C’s monthly salary Rs600.
Then annual salary =600*6=3600(Because he work for 6 month only)
Rs3600is 10% of total profit.
Then total profit is Rs36000.
Ratio of their shares 4*12: 3*12: 6*6=4:3:3
Profit left after reducing salary of C =36,000 – 3,600 = 32,400
B’s share 3/10*32400=Rs 9720.
Question 3 of 25
3. Question
1 points
A, B and C started a business where their initial capital was in the ratio of 4:5:6. At
the end of 8 months, A invested an amount such that his total capital became half to
C’s initial capital investment. If the annual profit of B is Rs. 7500 then what is the total
profit ?
P start a business with Rs. 10000, Q joins him after 2 month with 20% more
investment than P, after 2 month R joins him with 40% less than Q. If the profit
earned by them at the end of the year is equal to the twice of the difference between
investment of P and ten times the investment of R. Find the profit of Q ?
Now the Profit = 2 × (72000-10000) =
124000
Q’s share 25/62*12400=Rs50000
Then profit of Q=50000-12000=Rs 38000.
Question 5 of 25
5. Question
1 points
M and N are partners in a firm out of which M is sleeping partner and N is working
partner. M invests Rs. 1,80,000 and N invests Rs. 90,000. N receives 14.5% of
profit for managing the business and the rest is shared between both in ratio of their
investments. M’s share in the profit of Rs. 24000 is ?
Correct
Profit received by N as working partner =
14.5% of Rs. 24000= Rs. 3480
Balance in profit = 24000-3480 = Rs.
20520
Ratio of M and N=1,80,000: 90,000==>2:1
Then M’s share 3 20520
2 ? Rs 13680
Incorrect
Profit received by N as working partner =
14.5% of Rs. 24000= Rs. 3480
Balance in profit = 24000-3480 = Rs.
20520
Ratio of M and N=1,80,000: 90,000==>2:1
Then M’s share 3 20520
2 ? Rs 13680
Question 6 of 25
6. Question
1 points
Naveen and Kannan jointly started a business. Naveen invested four times as
Kannan did and invested his money for double time as compared to Kannan.
Kannan earned Rs. 5400. Then the total gain was ?
Correct
Investments ratio is = 4:1
Time period ratio is = 2:1
Gain ratio of Naveen and Kannan = 8:1
Kannan got Rs. 5400,
1 5400
9 ? ==>Rs48600
The total gain = Rs 48600
Incorrect
Investments ratio is = 4:1
Time period ratio is = 2:1
Gain ratio of Naveen and Kannan = 8:1
Kannan got Rs. 5400,
1 5400
9 ? ==>Rs48600
The total gain = Rs 48600
Question 7 of 25
7. Question
1 points
A & B partner in a business , A contribute 1/4 of the capital for 15 months & B
received 2/3 of the profit . For how long B’s money was used
Correct
B received 2/3 of the profit
A : B = 1 : 2
Let the total capital = x
Then A’s capital = x/4
B’s capital = x – x/4 = 3x/4
If B’s money was used for a months
Then A:B = (x/4)*15 : (3x/4)*a = 1 : 2
15/4 : 3b/4 = 1 : 2
15 : 3b = 1 : 2
5 : b = 1 : 2
a = 5*2 = 10
Incorrect
B received 2/3 of the profit
A : B = 1 : 2
Let the total capital = x
Then A’s capital = x/4
B’s capital = x – x/4 = 3x/4
If B’s money was used for a months
Then A:B = (x/4)*15 : (3x/4)*a = 1 : 2
15/4 : 3b/4 = 1 : 2
15 : 3b = 1 : 2
5 : b = 1 : 2
a = 5*2 = 10
Question 8 of 25
8. Question
1 points
X, Y and Z enter into a partnership and theirs shares are in the ratio 1/2 : 1/3 : 1/4.
After two months, X withdraws half of his capital and after 10 months, a profit of
Rs.420 is divided among them. What is Y’s share?
Correct
Ratio of initial investments = 1/2 : 1/3 : 1/4
= 6 : 4 : 3.
Let their initial investments be 6x, 2x and
3x respectively.
Ratio (6x * 2) + (3x * 10) : (4x * 12) : (3x
* 12)
= 42 : 48 : 36 ==>7 : 8 : 6.
B’s share = 420 * 8/21 = Rs. 160.
Incorrect
Ratio of initial investments = 1/2 : 1/3 : 1/4
= 6 : 4 : 3.
Let their initial investments be 6x, 2x and
3x respectively.
Ratio (6x * 2) + (3x * 10) : (4x * 12) : (3x
* 12)
= 42 : 48 : 36 ==>7 : 8 : 6.
B’s share = 420 * 8/21 = Rs. 160.
Question 9 of 25
9. Question
1 points
If 8 (P’s Capital ) = 10 ( Q’s Capital ) = 12 ( R’s Capital ) , then out of the total profit
of Rs 2590 , R will receive ?
Correct
8p = 10q = 12r
4p = 5q = 6r
q = 4p/5
r = 4p/6 = 2p/3
P : Q : R = p : 4p/5 : 2p/3
15:12:10
R’s share = 2590 * (12/37) = 70*12 = Rs.840.
Incorrect
8p = 10q = 12r
4p = 5q = 6r
q = 4p/5
r = 4p/6 = 2p/3
P : Q : R = p : 4p/5 : 2p/3
15:12:10
R’s share = 2590 * (12/37) = 70*12 = Rs.840.
Question 10 of 25
10. Question
1 points
P and Q invested in a business. They earned some profit which they divided in
the ratio of 2:3. If P invested Rs.30000, the amount invested by Q is
Correct
30,000:Q = 2:3
Q = 90,000/2 = 45,000
Incorrect
30,000:Q = 2:3
Q = 90,000/2 = 45,000
Question 11 of 25
11. Question
1 points
Sam and Suresh start a business with investments of Rs. 5000 and Rs. 3000
respectively. After 2 months, Sam takes out Rs.2000 from his capital. After 1 more
month, Suresh takes out Rs.2000 of his capital while Sunil joins them with a capital
of Rs. 6000. At the end of 9 months from the start, they earn a total profit of Rs.
4920. Which of the following is the share of each member respectively in the profit?
Edwin started a business with Rs.25000 and after 4 months, Thomas joined him
with Rs.60000. Edwin received Rs.58000 including 10% of profit as commission for
managing the business. What amount did Thomas receive?.
Correct
Profit sharing ratio is
25000*12 : 60000*8=5:8
Total profit 100%
Edwin got 10% for Managing the business
so remaining 90% is shared by both.
Edwin got 10%profit + 5/13 * 90%profit
0.1p + 5/13 * (0.9p)=58,000
Then 5.8p/13=58000==>p=1,30,000.
Now Thomas profit is 1,30,000-
58,000=72,000.
Incorrect
Profit sharing ratio is
25000*12 : 60000*8=5:8
Total profit 100%
Edwin got 10% for Managing the business
so remaining 90% is shared by both.
Edwin got 10%profit + 5/13 * 90%profit
0.1p + 5/13 * (0.9p)=58,000
Then 5.8p/13=58000==>p=1,30,000.
Now Thomas profit is 1,30,000-
58,000=72,000.
Question 13 of 25
13. Question
1 points
P, Q and R start a business with Rs 30,000, Rs 40,000, Rs 50,000 respectively. P stays
for the entire year. Q leaves the business after two months but rejoins after another
4 months but only 3/4 of his initial capital. R leaves after 3 months and rejoins after
another 5months but with only 4/5 of his capital. If the year end profit is Rs 27,900,
how much more than Q did R get?
Correct
Their ratio’s 30000*12:
(40000*2+30000*6) : (50000*3+40000*4)
36:26:31
Total profit is Rs 27900
Then (36+26+31) 93 == 27900
Diff of Q-R (31-26) 5 ? ==>Rs 1500
Incorrect
Their ratio’s 30000*12:
(40000*2+30000*6) : (50000*3+40000*4)
36:26:31
Total profit is Rs 27900
Then (36+26+31) 93 == 27900
Diff of Q-R (31-26) 5 ? ==>Rs 1500
Question 14 of 25
14. Question
1 points
A starts a business with Rs.40,000. After 2 months, B joined him with Rs.60,000. C
joined them after some more time with Rs.1,20,000. At the end of the year, out of a
total profit of Rs.3,75,000, C gets Rs.1,50,000 as his share. How many
months after B joined the business, did C join?
M started a business with Rs.25,000. N joined him after 4 months with Rs 20,000.
After 2 more months, M withdrew Rs.10,000 of his capital and 2 more months
later, N brought in Rs.10,000 more. What should be the ratio in which they should
share their profits at the end of the year?
Correct
Their Ratio’s
(25000×6+15000×6) :(20000×4+30000×4)
150+90:80+120=240:200 =5:4
Incorrect
Their Ratio’s
(25000×6+15000×6) :(20000×4+30000×4)
150+90:80+120=240:200 =5:4
Question 16 of 25
16. Question
1 points
A, B, C started a business with their investments in the ratio 3:6:5. After 8
months, A invested the same amount as before and both B and C withdrew half of
their investments. The ratio of their profits at the end of the year is:
Three friends A, B, C invested in a business in the ratio of 4:5:6. After 6
months C withdraw half of his capital. If the sum invested by A is 48000, then the
profit earned by C out of the total profit of 60000.
Correct
sum invested by A = 4x = 48000.
X = 12000
Investment made by A, B , C – 48000,
60000, 72000
Ratio in which the profit will divide-
48000*12 : 60000*12 : 72000*6 +36000*6
i.e 8:10:9. So C share = (9/27)*60000 =20000
Incorrect
sum invested by A = 4x = 48000.
X = 12000
Investment made by A, B , C – 48000,
60000, 72000
Ratio in which the profit will divide-
48000*12 : 60000*12 : 72000*6 +36000*6
i.e 8:10:9. So C share = (9/27)*60000 =20000
Question 18 of 25
18. Question
1 points
M and N invested in a business in which M invest 250 rupee more than N. N invested
for 6 months while M invested for 4 months. If M get 200 more than N out of a
total profit of 1000. Then the total amount invested in the business.
Correct
Let N invest ‘x’ rupees so M will invest
(x+250)
Total investment made by M = (x+250)*4
and by N = 6x
According to the problem- [[4(x+250) –
6x]/(1000+ 10x)]*1000 = 200.
X = 200. Total investment = 200+250+200 = 650
Incorrect
Let N invest ‘x’ rupees so M will invest
(x+250)
Total investment made by M = (x+250)*4
and by N = 6x
According to the problem- [[4(x+250) –
6x]/(1000+ 10x)]*1000 = 200.
X = 200. Total investment = 200+250+200 = 650
Question 19 of 25
19. Question
1 points
A, B and C enter into a partnership with a capital in which A’s contribution is Rs.
15,000. If out of a total profit of Rs. 1000, A gets Rs. 500 and B gets Rs. 300, then C’s
capital is :
Correct
A : B : C = 500 : 300 : 200 = 5 : 3 : 2.
Let their capitals be 5x, 3x and 2x
respectively.
Then, 5x = 15000
=> x =3000.
C’s capital = 2x = Rs. 6000.
Incorrect
A : B : C = 500 : 300 : 200 = 5 : 3 : 2.
Let their capitals be 5x, 3x and 2x
respectively.
Then, 5x = 15000
=> x =3000.
C’s capital = 2x = Rs. 6000.
Question 20 of 25
20. Question
1 points
A, B, C rent a pasture. A puts 15 cows for 6 months, B puts 20cows for 4 months and C
puts 10 cows for 8 months for grazing. If the rent of the pasture is Rs. 500, how
much must A pay as his share of rent?
Radhika started a workshop with an investment of Rs.40,000. She invested
additional amount of Rs.10,000 every year. After two years her sister Rama joined her
with an amount of Rs.85,000.Therefore,Rama did not invest any additional amount. On completion of 4 years from the opening of workshop they earned an amount of Rs.1,95,000. What will be Radhika’s share in the earning ?
P ,Q and R are partners in a business .P whose money has been used for 4 months ,
claims (1/8) of the profit , Q whose money has been used for 6 months ,claims at (1/3)
of the profit . R had invested Rs. 1560 for 8 months .How much did P and Q contribute ?
Correct
P : Q : R
[(960*3)/4] : [(960*8)/6] : [(1560*8)13
] =720 : 1280 : 960
Incorrect
P : Q : R
[(960*3)/4] : [(960*8)/6] : [(1560*8)13
] =720 : 1280 : 960
Question 23 of 25
23. Question
1 points
There are two persons invests Rs.1,15,000 and Rs.1,00,000 resp. in a project and agree that 50% of the profit should be divided equally between them and the remaining is
to be treated as interest on the capital. If first person get Rs.500 more than the second person .What is the total profit
made in the business ?
Correct
Ratio of the profit = 23:20
Therefore,
500*(100/50)*[(23+20)/(23-20)] =14333.33
Incorrect
Ratio of the profit = 23:20
Therefore,
500*(100/50)*[(23+20)/(23-20)] =14333.33
Question 24 of 25
24. Question
1 points
Ramesh, Suresh and Mahesh started a business with the investment in the ratio
5:8:10 resp. After 1 year Mahesh withdraw 50% of his capital and Ramesh increased
his capital by 80% of his investment . After 2 years in what ratio should the earned
profit be distributed among Ramesh ,Suresh and Mahesh?
Prabhu initiated his business with (1/2) of the total capital for (1/4)th of the time . His
brother Sunny invests (1/3) of the capital for (1/2)th of the time and Prabhu’s friend
Tarun invests the remaining capital for the whole time. Find the share of Tarun in the
total profit of Rs. 1,21,000.
Correct
Tarun’s contribution in the business = 1-[(1/2)+(1/3)] = 1/6
Prabhu’s share : Sunny’s share : Tarun’s share
(1/4)*(1/2):(1/2)*(1/3):(1/6)*1
3:4:4
Tarun’s share in profit = (4/11)*1,21,000 = Rs.44,000
Incorrect
Tarun’s contribution in the business = 1-[(1/2)+(1/3)] = 1/6
Prabhu’s share : Sunny’s share : Tarun’s share
(1/4)*(1/2):(1/2)*(1/3):(1/6)*1
3:4:4
Tarun’s share in profit = (4/11)*1,21,000 = Rs.44,000