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Aptitude Round Question-Partnership-Free Download

Aptitude Round Question-Partnership-Free Download

A and B invest in a business in the ratio 3 : 2. If 5% of the total profit goes to charity and A's share is Rs. 855, the total profit is:

A.

Rs. 1425

B.

Rs. 1500

C.

Rs. 1537.50

D.

Rs. 1576

Answer: Option B

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.

A.

Rs. 1900

B.

Rs. 2660

C.

Rs. 2800

D.

Rs. 2840

Answer: Option B


A, B and C enter into a partnership in the ratio : : . After 4 months, A increases his share 50%. If the total profit at the end of one year be Rs. 21,600, then B's share in the profit is:

A.

Rs. 2100

B.

Rs. 2400

C.

Rs. 3600

D.

Rs. 4000

Answer: Option D

A, B, C subscribe Rs. 50,000 for a business. A subscribes Rs. 4000 more than B and B Rs. 5000 more than C. Out of a total profit of Rs. 35,000, A receives:

A.

Rs. 8400

B.

Rs. 11,900

C.

Rs. 13,600

D.

Rs. 14,700

Answer: Option D

Three partners shared the profit in a business in the ratio 5 : 7 : 8. They had partnered for 14 months, 8 months and 7 months respectively. What was the ratio of their investments?

A.

5 : 7 : 8

B.

20 : 49 : 64

C.

38 : 28 : 21

D.

None of these

Answer: Option B

Raj invested Rs 76000 in a business. After few months Monty joined him and invests Rs 57000. At the end of year both of them share the profits at the ratio of 2:1. After how many months Monty joined Raj ?

Solution - We can simply compute per month investment of both partnership

Raj invested Rs 76,000 for 12 months and Monty invested Rs 57,000 for x months.

Now 76000 × 12 / 57000 × x = 2 :1

? 76 × 12 / 2 = 57x

? x = 8

So Monty invested his money for 8 months and he joined after 4 months.

Question 2

A and B started a business by investing money in ratio of 5:6. C joined them after few months by sharing an amount equal to B's share. At the end of year 20% profit was earned which was equal equal to Rs 98,000. How much money was invested by C ?
Solution -

= First of all we will calculate the weighted ratios

? A = 5 × 12 = 60

? B = 6 × 12 = 72

? C = 6 × 6 = 36


Total investment at the end of year = 98000 × 100/20 = Rs 4,90,000


? Investment by C = 490000 × 36 / 168 × 2 = Rs 210000

Question 3

A, B and C shared profits in ratio of 5:7:8. They partnered for 14 months, 8 months and 7 months respectively. What was he ratio of their investments ?

Solution - Simply multiply profit sharing ratio with investment ratio to get investment amount ratio.

Let X is the total investment

?14 x = 5
? 8 x = 7
? 7x = 8

? Final investment ratio = 20 : 49 : 64

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