Partnership(Quantitative Aptitude ) Questions and answers for exam Preparation

Quantitative Aptitude

PARTNERSHIP MCQs

Partnership Business, Partnerships

Total Questions : 369 | Page 31 of 37 pages

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?

Rs. 9,423
Rs. 10,250
Rs. 12,500
Rs. 10,500

Discuss Question

Answer: Option D. -> Rs. 10,500

Simran : Nanda = (50000 x 36) : (80000 x 30) = 3 : 4.

Simran Started A Software Business By Investing Rs. 50,000. ...

Simran's share = Rs.

24500 x
3

= Rs. 10,500.
7

Question 302. 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?

Rs. 9423
Rs. 10,250
Rs. 12,500
Rs. 14,000
None of these

Discuss Question

Answer: Option E. -> None of these

Simran : Nanda = (50000 * 36) : (80000 * 30) = 3:4Simran's share = 24500 * 3/7 = Rs. 10500

Question 303. Aman started a business investing Rs. 70,000. Rakhi joined him after six months with an amount of Rs. 1,05,000 and Sagar joined them with Rs. 1.4 lakhs after another six months. The amount of profit earned should be distributed in what ratio among Aman, Rakhi and Sagar respectively, 3 years after Aman started the business?

7:6:10
12:15:16
42:45:56
Cannot be determined
None of these

Discuss Question

Answer: Option B. -> 12:15:16

Aman : Rakhi : Sagar = (70000 * 36) : (105000 * 30) : (140000 * 24) = 12:15:16

Question 304. A and B started business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, C joined them with Rs. 20,000. What will be B's share in the total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business?

Rs. 7500
Rs. 9000
Rs. 9500
Rs. 10,000
None of these

Discuss Question

Answer: Option A. -> Rs. 7500

A:B:C = (20000 * 24) : (15000 * 24) : (20000 * 18) = 4:3:3B's share = 25000 * 3/10 = Rs. 7500.

Question 305. A, B and C enter into a partnership. They invest Rs. 40,000, Rs. 80,000 and Rs. 1,20,000 respectively. At the end of the first year, B withdraws Rs. 40,000, while at the end of the second year, C withdraws Rs. 80,000. IN what ratio will the profit be shared at the end of 3 years?

2:3:5
3:4:7
4:5:9
None of these

Discuss Question

Answer: Option B. -> 3:4:7

A:B:C = (40000 * 36) : (80000 * 12 + 40000 * 24) : (120000 * 24 + 40000 * 12) = 144:192:336 = 3:4:7

Question 306. A began a business with Rs. 85,000. He was joined afterwards by B with Rs. 42,500. For how much period does B join, if the profits at the end of the year are divided in the ratio of 3 : 1?

4 months
5 months
6 months
8 months

Discuss Question

Answer: Option D. -> 8 months

Question 307. Two persons A and B take a field on rent. A puts on it 21 horses for 3 months and 15 cows for 2 months; B puts 15 cows for 6months and 40 sheep for 7 1/2 months. If one day, 3 horses eat as much as 5 cows and 6 cows as much as 10 sheep, what part of the rent should A pay?

1/3 rd
2/5 th
2/3 rd
1/5 th

Discuss Question

Answer: Option A. -> 1/3 rd

3h = 5c

6c = 10s

A = 21h*3 + 15c*2

= 63h + 30c

= 105c + 30c = 135c

B = 15c*6 + 40s*7 1/2

= 90c + 300s

= 90c + 180c = 270c

A:B = 135:270

27:52

A = 27/79 = 1/3

Question 308. A, B and C are partners. A receives 2/3 of profits, B and C dividing the remainder equally. A's income is increased by Rs.200 when the rate to profit rises from 5 to 7 percent. Find the Capital of B?

Rs.2450
Rs.3600
Rs.2500
Rs.3100

Discuss Question

Answer: Option C. -> Rs.2500

A:B:C = 2/3:1/6:1/6 = 4:1:1

x * 2/100 * 2/3 = 200

B capital = 15000*1/6 = 2500

Question 309. A, B and C are entered into a partnership. A invested Rs.6500 for 6 months, B invested Rs.8400 for 5 months and C invested for Rs.10000 for 3 months. A is a
working partner and gets 5% of the total profit for the same. Find the share of C in a total profit of Rs.7400.

1750
1900
8600
10300

Discuss Question

Answer: Option B. -> 1900

65 * 6 : 84 * 5 : 100 * 3

26:28:20

C share = 74000 * 95/100 = 7030 * 20/74 => 1900

Question 310. A began business with Rs.45000 and was joined afterwards by B with Rs.5400. When did B join if the profits at the end of the year were divided in the ratio of
2:1?