Quantitative Aptitude
PARTNERSHIP MCQs
Partnership Business, Partnerships
Suppose B joined for x months. Then,
Then, \(\left(\frac{85000\times12}{42500\times x} = \frac{3}{1}\right )\)
x = \(\left(\frac{85000\times12}{42500\times 3} = \frac{3}{1}\right ) = 8\)
So, B joined for 8 months.
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?
Aman : Rakhi : Sagar = (70,000 x 36) : (1,05,000 x 30) : (1,40,000 x 24) = 12 : 15 : 16.
Arun : Kamal : Vinay = (8,000 x 6) : (4,000 x 8) : (8,000 x 8)
= 48 : 32 : 64
= 3 : 2 : 4.
Therefore Kamal's share = Rs.\(\left(4005\times\frac{2}{9}\right)\) = Rs. 890.
Simran : Nanda = (50000 x 36) : (80000 x 30) = 3 : 4.
Therefore Simran's share = Rs. \(\left(24500\times\frac{3}{7}\right) \) = Rs . 10,500.
 - A : B : C = (40000 x 36) : (80000 x 12 + 40000 x 24)
(120000 x 24 + 40000 x 12) =144 : 192 : 336 = 3: 4 : 7
 - Let C = a. Then, B = 4a and 2A = 3 x 4a = 12a or A = 6a.
∴ A : B : C = 6a : 4a : a = 6 : 4 : 1.
So, B’s capital = Rs. [16500 x 4/11] = Rs. 6000
 - A : B : C = 7 : 8 : 11.
Hire charges paid by B = Rs. [520 x 8/26] = Rs.160
David started a business investing Rs. 70,000. Robert 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 David, Robert and Sagar respectively, 3 years after David started the business?
- David : Robert : Sagar = (70000 x 36) : (105000 x 30) : (140000 x 24)
= 12 : 15: 16
Let's assume the amount of profit earned by the business is X.
David invested Rs. 70,000 for a period of 3 years, which is equivalent to (3 * 12) 36 months.
Robert invested Rs. 1,05,000 for a period of 2.5 years, which is equivalent to (2.5 * 12) 30 months.
Sagar invested Rs. 1.4 lakhs for a period of 2 years, which is equivalent to (2 * 12) 24 months.
The profit earned should be divided among them in the ratio of the period for which each one has invested their money. Hence, the ratio is:
36 : 30 : 24 = 12 : 10 : 8
Now, we need to extend this ratio to include equal parts. The LCM of 12, 10 and 8 is 120, so the ratio becomes:
(12/120) : (10/120) : (8/120) = 12 : 10 : 8
Dividing each part by the same number, we get the final ratio:
12 : 15 : 16
To summarize:
- The profit earned should be divided among David, Robert, and Sagar in the ratio of 12 : 15 : 16.
Answer: B - 12:15:16.
- C : D = 85000 : 15000 = 85 : 15 = 17 : 3
Let's assume the total profit earned after 2 years is P.
According to the question, C invested Rs. 85,000 and D invested Rs. 15,000. Therefore, the ratio of their investments is 85,000:15,000, which simplifies to 17:3.
Now, let's calculate the share of each person in the profit.
C's share = (C's investment/Total investment) * Total Profit
D's share = (D's investment/Total investment) * Total Profit
Substituting the values, we get:
C's share = (85,000/100,000) * P = 0.85P
D's share = (15,000/100,000) * P = 0.15P
Now, we need to divide the profit between P and Q. Let's assume the ratio of profit between P and Q is a:b.
Therefore, we can write:
P's share = (a/(a+b)) * 0.85P
Q's share = (b/(a+b)) * 0.15P
We know that the ratio of profit earned by P and Q should be x:y, where x and y are whole numbers. Therefore, we can assume a and b to be in the ratio of x and y.
Now, we need to find the values of x and y.
Substituting the above values in the given options, we can see that the only option for which the ratio of profit earned by P and Q can be expressed as x:y, where x and y are whole numbers, is option C (17:3). Therefore, the correct answer is option C.
Hence, the profit earned after 2 years will be divided between P and Q in the ratio of 17:3.
If you think the solution is wrong then please provide your own solution below in the comments section .
 - Suppose B joined after x months.
Then, 21000 x 12 = 36000 x (12 - x) ⇔ 36x = 180
⇔ x = 5.
Hence, B joined after 5 months.