50+ Partnership Questions and Answers for Bank Exams Pdf - 1

Question: 1

A and B enter into a partnership for a year. A contributes Rs.1500 and B Rs.2000. After 4 months, they admit C, who contributes Rs.2250. If B withdraws his contribution after 9 months, how would they share a profit of Rs.900 at the end of the year?

(A) 1 : 1 : 1

(B) 1 : 2 : 3

(C) 6 : 8 : 9

(D) 8 : 6 : 9

Ans: A

A’s share : B’s share : C’s share = 1500 x 12 : 2000 x 9 : 2250 x 8

                                                = 18000 : 180000 : 18000 = 1 : 1 : 1

Therefore, Share of A = Share of B = Share of C.

Question: 2

A, B, C enter into a partnership investing Rs.35,000, Rs.45,000 and Rs.55,000 respectively. The respective shares of A, B, C in an annual profit of Rs.40,500 are

(A) Rs. 10,500, Rs. 13,500, Rs. 16,500

(B) Rs. 11,000, Rs. 14,000, Rs. 15,500

(C) Rs. 11,500, Rs. 13,000, Rs. 16,000

(D) Rs. 11,500, Rs. 12,500, Rs. 16,500

Ans: A

A : B : C = 35000 : 45000 : 55000 = 7 : 9 : 11.

A’s share = Rs. $$(40500 × 7 / {27})$$ = Rs. 10500.

B’s share = Rs. $$(40500 × 9 / {27})$$ = Rs. 13500.

C’s share = Rs. $$(40500 × 11 / {27})$$ = Rs. 16500.

Question: 3

In a business, A and C invested amounts in the ratio 2 : 1, whereas the ratio between amounts invested by A and B was 3 : 2. If Rs.1,57,300 was their profit, how much amount did B receive?

(A) Rs. 24,200

(B) Rs. 36,300

(C) Rs. 48,400

(D) Rs. 72,000

Ans: C

A : B = 3 : 2

B : A = 2 : 3 = 4 : 6 and

A : C = 2 : 1 = 6 : 3.

So, B : A : C = 4 : 6 : 3 or A : B : C = 6 : 4 : 3.

B’s share = Rs. $$(157300 × 4 / {13})$$ = Rs. 48400.

Question: 4

Satheesh started a business investing Rs.60000. After 3 months, Sunil joined him with a capital of Rs.75000. After another 6 months, Subhash joined them with a capital of Rs.105000. At the end of the year, they made a profit of Rs.19000. Find the share of each.

(A) Rs. 8000, Rs. 7500, Rs. 3500

(B) Rs. 8000, Rs. 6500, Rs. 4500

(C) Rs. 8500, Rs. 7000, Rs. 3500

(D) Rs. 8500, Rs. 6500, Rs. 4000

Ans: A

Satheesh : Sunil : Subhash

= 60000 x 12 : 75000 x 9 : 105000 x 3

= 720 : 9 x 75 : 315

= 144 : 135 : 63 = 16 : 15 : 7

Total profit = Rs. 19000.

Share of Satheesh = $$(16 / {38} × 19000)$$ = Rs. 8000

Share of Sunil = $$(15 / {38} × 19000)$$ = Rs. 7500

Share of Subhash = $$(7 / {38} × 19000)$$ = Rs. 3500

Question: 5

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?

(A) Rs. 10500

(B) Rs. 10,250

(C) Rs. 12,500

(D) Rs. 14,000

Ans: A

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

Simran’s share = ( 50000 x 36) : (80000 x 30) = 3 : 4.

Simran’s share = Rs. $$(24500 × 3 / {7})$$ = Rs. 10500.

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