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Quantitative Aptitude

PARTNERSHIP MCQs

Partnership Business, Partnerships

Total Questions : 369 | Page 32 of 37 pages
Question 311. A, B and C rents a pasture for Rs.870. A put in 12 horses for 8 months, B 16 horses for 9 months and 18 horses for 6 months. How much should C pay?
  1.    Rs.270
  2.    Rs.185
  3.    Rs.215
  4.    Rs.380
 Discuss Question
Answer: Option A. -> Rs.270


12*8 :16*9 = 18*6

8: 12: 9

9/29 * 870 = 270


Question 312. In a partnership between A, B and C. A's capital is Rs.5000. If his share of a profit of Rs.800 is Rs.200 and C's share is Rs.130, what is B's capital?
  1.    Rs.3250
  2.    Rs.6250
  3.    Rs.10250
  4.    Rs.11750
 Discuss Question
Answer: Option D. -> Rs.11750


200 + 130 = 330

800 - 330 = 470

200 ---- 5000


470 ---- ? =>
11750


Question 313. A and B start a business jointly. A invests Rs.16000 for 8 months and B remains in the business for 4 months. Out of the total profit B claims 2/7th share. How
much money is contributed by B?
  1.    Rs.10000
  2.    Rs.12800
  3.    Rs.6000
  4.    Rs.8000
 Discuss Question
Answer: Option B. -> Rs.12800


16*8: x*4 = 5:2


x = 12.8 =>
Rs.12800


Question 314. A is a working partner and B is a sleeping partner in the business. A puts in Rs.15000 and B Rs.25000, A receives 10% of the profit for managing the business
the rest being divided in proportion of their capitals. Out of a total profit of Rs.9600, money received by A is?
  1.    Rs.3240
  2.    Rs.3600
  3.    Rs.3800
  4.    Rs.4200
 Discuss Question
Answer: Option D. -> Rs.4200


15:25 =>
3:5

9600*10/100 = 960

9600 - 960 = 8640

8640*3/8 = 3240 + 960


                 = 4200


Question 315. Krishan and Nandan jointly started a business. Krishan invested three times as Nandan did and invested his money for double time as compared to Nandan. Nandan earned Rs. 4000. If the gain is proportional to the money invested and the time for which the money is invested then the total gain was?
  1.    Rs.16000
  2.    Rs.20000
  3.    Rs.24000
  4.    Rs.28000
 Discuss Question
Answer: Option D. -> Rs.28000


 3:1

 2:1

------

  6:1

1 ----- 4000


7 ----- ? =>
Rs.28,000


Question 316. The ratio of investments of two partners P and Q is 7:5 and the ratio of their profits is 7:10. If P invested the money for 5 months, find for how much time
did Q invest the money?
  1.    7 months
  2.    10 months
  3.    9 months
  4.    11 months
 Discuss Question
Answer: Option B. -> 10 months


7*5: 5*x = 7:10

x = 10


Question 317. A, B and C invests Rs.2000, Rs.3000 and Rs.4000 in a business. After one year A removed his money; B and C continued the business for one more year. If the net
profit after 2 years be Rs.3200, then A's share in the profit is?
  1.    Rs.1000
  2.    Rs.600
  3.    Rs.800
  4.    Rs.400
 Discuss Question
Answer: Option D. -> Rs.400


2*12 : 3*12 : 4*24

1: 3: 4


1/8 * 3200 = 400


Question 318. A and B invests Rs.8000 and Rs.9000 in a business. After 4 months, A withdraws half of his capital and 2 months later, B withdraws one-third of his capital. In what ratio should they share the profits at the end of the year?
  1.    20:23
  2.    34:43
  3.    32:45
  4.    37:45
 Discuss Question
Answer: Option C. -> 32:45


        A                     :             B
(8000*4)+(4000*8) :    (9000*6)+(6000*6)
64000                     :    90000
32                           :    45


Question 319. A and B starts a business with Rs.8000 each, and after 4 months, B withdraws half of his capital . How should they share the profits at the end of the 18 months?
  1.    18:11
  2.    22:13
  3.    23:12
  4.    11:9
 Discuss Question
Answer: Option A. -> 18:11


A invests Rs.8000 for 18 months, but B invests Rs.8000 for the first 4 months and then withdraws Rs.4000. So, the investment of B for remaining 14 months is Rs.4000 only.
A             :                 B
8000*18 : (8000*4) + (4000*14)
14400     : 88000
A:B = 18:11


Question 320. A and B invests Rs.10000 each, A investing for 8 months and B investing for all the 12 months in the year. If the total profit at the end of the year is Rs.25000, find their shares?
  1.    Rs.8000, Rs.17000
  2.    Rs.9000, Rs.16000
  3.    Rs.18000, Rs.7000
  4.    Rs.10000, Rs.15000
 Discuss Question
Answer: Option D. -> Rs.10000, Rs.15000


The ratio of their profits A:B = 8:12 = 2:3
Share of A in the total profit = 2/5 * 25000 = Rs.10000
Share of A in the total profit = 3/5 * 25000 = Rs.15000


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