50+ Partnership Questions and Answers for Bank Exams Pdf - 2

Question: 6

How should a profit of Rs.450 be divided between two partners, one of whom has contributed Rs.1200 for 5 months and the other Rs.750 for 4 months?

(A) 1 : 1

(B) 1 : 2

(D) 2 : 1

View Answer

Ans: D

Ratio of profit = 1200 x 5 : 750 x 4 = 2 : 1.

1^st partner gets $$(450 × {2} / {2 + 1})$$ = Rs.300.

2^nd partner gets $$(450 × {1} / {2 + 1})$$ = Rs.150.

Question: 7

A and B entered into a speculation. A put in Rs.500 and B put in Rs.450. At the end of 4 months A withdrew half of his capital and at the end of 6 months B withdrew half of his capital, then C entered with a capital of Rs.700. At the end of 12 months, in what ratio would the profit be divided?

(A) 80 : 81 : 84

(B) 80 : 81 : 85

(D) 81 : 81 : 85

View Answer

Ans: A

A’s share : B’s share : C’s share

= ($$500 × 4 +{500}/{2} × 8)$$ : ($$450 × 6 +{450}/{2} × 6)$$ : 700 × 6

= 500 × 8 : 450 × 9 : 700 × 6

= 80 : 81 : 84

Therefore, Profit will be divided in the ratio 80 : 81 : 84.

Question: 8

Manick received Rs. 6000 as his share out of the total profit of Rs. 9000 which he and Raunaq earned at the end of one year. If Manick invested Rs. 20,000 for 6 months, whereas Raunaq invested his amount for the whole year, what was the amount invested by Raunaq?

(A) Rs. 3000

(B) Rs. 4000

(D) Rs. 6000

View Answer

Ans: C

Suppose Raunaq invested Rs. x.

Then, Manick : Raunaq = (20000 × 6) : (x × 12)

$${120000} / {12x}$$ = $${6000} / {3000}$$ or x = $${120000}/ {24}$$ = 5000.

Question: 9

Subhash starts a business by investing Rs.25000. 6 months later Aditya joins him by investing Rs.15000. After another 6 months Aditya invests an additional amount of Rs.15000. At the end of 3 yeas they earn a profit of Rs.247000. What is Aditya’s share in the profit?

(A) Rs. 105000

(B) Rs. 111500

(D) Rs. 170000

View Answer

Ans: D

Subhash : Aditya = (2500 x 36) : (15000 x 6 + 30000 x 24)

= 900000 : 810000 = 10 : 9.

Aditya’s share = Rs. $$(247000 × {9} / {19})$$ = Rs. 117000.

Question: 10

A and B started a business jointly. A’s investment was thrice the investment of B and the period of his investment was two times the period of investment of B. if B received Rs. 4000 as profit, then their total profit is

(A) Rs. 16,000

(B) Rs. 24,000

(D) Rs. 32,000

View Answer

Ans: C

Suppose B invested Rs. x for y months.

Then, A invested Rs. 3x for 2y months.

So, A : B = ( 3x × 2y) : ( x × y)

= 6xy : xy = 6 : 1

B’s profit : Total profit = 1 : 7.

Let the total profit be Rs. x.

Then, $$ {1} / {7} $$ = $${4000} / {x} $$ = or x = 28000.

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50+ Partnership Questions and Answers for Bank Exams Pdf - 2

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