Quantitative Aptitude
PARTNERSHIP MCQs
Partnership Business, Partnerships
Let the total profit be Rs. 100.
After paying to charity, A's share = Rs. \(\left(95\times\frac{3}{5}\right)\) = Rs.57.
If A's share is Rs. 57, total profit = Rs. 100.
If A's share Rs. 855, total profit = \(\left(\frac{100}{57}\times855\right)\) = 1500.
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.
For managing, A received = 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
Therefore B's share = Rs. \(\left(7030\times\frac{14}{37}\right)\) = RS.2660.
Ratio of initial investments = \(\left(\frac{7}{2}:\frac{4}{3}:\frac{6}{5}\right)\) = 105:40:36,
Let the initial investments be 105x, 40x and 36x.
Therefore A : B : C = \(\left(105x\times4+\frac{150}{100}\times105x\times8\right)\) : (40x x 12) : (36x x 12)
= 1680x : 480x : 432x = 35 : 10 : 9.
Hence, B's share = Rs. \(\left(21600\times\frac{10}{54}\right)\) = Rs. 4000.
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.
Therefore A's share = Rs. \(\left(35000\times\frac{21}{50}\right)\) = Rs.14,700.
Let their investments be Rs. x for 14 months, Rs. y for 8 months and Rs. z for 7 months respectively.
Then, 14x : 8y : 7z = 5 : 7 : 8.
Now, \(\frac{14x}{8y} = \frac{5}{7} \Leftrightarrow 98x=40y \Leftrightarrow y = \frac{49}{20}x \)
And , \(\frac{14x}{7z} = 112x = 35z \Leftrightarrow z = \frac{112}{35} =\frac{16}{5}x.\)
Therefore x : y : z = x : \(\frac{49}{20}x:\frac{16}{5}x\) = 20 : 49 : 64.
Let B's capital be Rs. x.
Then, \(\left(\frac{3500\times12}{7x} = \frac{2}{3}\right)\)
14x = 126000
x = 9000.
A : B = \(\left[4x\times3+\left(4x-\frac{1}{4}\times4x\right)\times7\right] : \left[5x\times3+\left(5x-\frac{1}{5}\times5x\right)\times7\right] \)
= (12x + 21x) : (15x + 28x)
= 33x :43x
= 33 : 43.
Therefore A's share = Rs. \(\left(760\times\frac{33}{36}\right)\) = Rs. 330.
Let the initial investments of A and B be 3x and 5x.
A : B : C = (3x x 12) : (5x x 12) : (5x x 6) = 36 : 60 : 30 = 6 : 10 : 5.
A : B : C = (10 x 7) : (12 x 5) : (15 x 3) = 70 : 60 : 45 = 14 : 12 : 9.
Therefore C's rent = Rs. \(\left(175\times\frac{9}{35}\right)\) = Rs. 45.
A : B : C = (20,000 x 24) : (15,000 x 24) : (20,000 x 18) = 4 : 3 : 3.
Therefore B's share = Rs. \(\left(25000\times\frac{3}{10}\right)\) = Rs. 7,500.