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Quantitative Aptitude > Partnership :
Question 1.

Arun, kamal and Vinay 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?

Options:
  1.    890
  2.    1335
  3.    1602
  4.    1780
  5.    None of these
Answer: Option A
 -   Arun : Kamal : Vinay = (8000 x 6) : (4000 x 8) : (8000 x 8) = 48 : 32 : 64 = 3 : 2 : 4.      Kamal's share = Rs.   4005 x 2 9    = Rs. 890.

Question 2.

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 the 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?

Options:
  1.    Rs 1900
  2.    Rs 2660
  3.    Rs 2800
  4.    Rs 2840
  5.    None of these
Answer: Option B
 -   For managing, A receives = 5% of Rs. 7400 = Rs. 370.   Balance = Rs. (7400 – 370) = Rs. 7030.   Ratio of their investments = (6500 x 6) : (8400 x 5) : (10000 x 3)     = 39000 : 42000 : 30000 = 13 : 14 : 10           B's share = Rs.   7030 x 14 37    = Rs. 2660.  

Question 3.

A started a business with Rs. 21,000 and is joined afterwars by B with Rs. 36,000. After how many months did B join if the profits at the end of the year are divided equally?

Options:
  1.    3 months
  2.    4 months
  3.    5 months
  4.    6 months
  5.    None of these
Answer: Option C
 -  Suppose B joined after x months Then, 21000 x 12 = 36000 x (12 – x) 36x = 180 x = 5 Hence, B joined after 5 months.

Question 4.

A, B and C enter into a partnership with a capital in which As contribution is Rs. 10,000. If out of a total profit of Rs. 1000, A gets Rs.500 and B gets Rs. 300, then Cs capital is:

Options:
  1.    Rs. 4000
  2.    Rs. 5000
  3.    Rs. 6000
  4.    Rs. 9000
  5.    None of these
Answer: Option A
 -   A : B : C = 500 : 300 : 200 = 5 : 3 : 2.   Let their capitals be 5x, 3x, 2x respectively.   Then, 5x = 10000     x = 2000.         C's capital = 2x = Rs. 4000.  

Question 5.

Reena and shaloo are partners in a business. Reena invests Rs. 35,000 for 8months and shaloo invests Rs. 42,000 for 10 months. Out of a profit of Rs. 31,570, Reenas share is:

Options:
  1.    Rs. 9471
  2.    Rs. 12628
  3.    Rs. 18040
  4.    Rs. 18942
  5.    None of these
Answer: Option B
 -   Ratio of their shares = (35000 x 8) : (42000 x 10) = 2 : 3.   Reena's share = Rs.   31570 x 2 5    = Rs. 12628.  

Question 6.

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 Bs contribution in the capital?

Options:
  1.    Rs 7500
  2.    Rs 8000
  3.    Rs 8500
  4.    Rs 9000
  5.    None of these
Answer: Option D
 -   Let B's capital be Rs. x. Then. 3500 x 12 7x = 2 3