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Partnership Questions

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Choose the correct option.

A and B invested Rs.15000 and Rs.20,000 respectively in a business. How should a loss of Rs.2800 be divided between them at the end of year? (in rupees)


A1500, 1300

B1200, 1600

C1300, 1500

D1600, 1200

Answer: Option B

Explanation:

Ratio between invest is = 3:4 loss=2800
So, 2800/7=400
A = 3*400 = Rs. 1200
B = 4*400 = Rs. 1600

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A and B invested some money such that capital of A is 20% more than that of B. If after one year they get profit of Rs.22000 then profit share of B is


ARs.7500

BRs.8000

CRs.9000

DRs.10,000

Answer: Option D

Explanation:

B's capital = x
so, A's capital = 6x /5
A and B share = 6x/5 : x = 6:5
B share = 22000 * 5/11 = Rs. 10000

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Amit and Ravi invested capitals in the ratio 5:4. At the end of 8 months Amit withdrew and they got equal profits. Find for how long Ravi invested his money?


A11 months

B6 months

C10 months

D12 months

Answer: Option C

Explanation:

Lets assume Ravi invested money for x months.
amit and ravi invested capitals in the ration = 5:4
=> 5*8 = 4*x
=> x = 10 months

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Rajesh, Sunil and Tarun enter into a partnership. Rajesh invested Rs.25000 and after one year he adds Rs.10,000 more. Sunil initially invests Rs.35,000 and after 2 years he withdraws Rs.10,000 and Tarun invests Rs.19,000 in the beginning only. Then ratio of their profits after 3 years will be


A3:3:5

B5:3:3

C5:3:5

D5 : 5 : 3

Answer: Option D

Explanation:

Ratio of their profits after 3 years = 25000 * 1 + 35000 * 2 : 35000 * 2 + 25000 * 1 : 19000 * 3
=25 + 35 * 2 : 35 * 2 + 25 : 19 * 3
=95 : 95 : 57
=5 : 5 : 3

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Ram and Hari invest Rs. 18000 and 24000 respectively. If annual profit is Rs.1400 then Ram will get


A400

B800

C600

D500

Answer: Option C

Explanation:

Ram and Hari invertment share = 18000:24000=3:4
Given, Annual profit = Rs. 1400
so, Ram will get = 1400 * 3/7 = Rs. 600

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A and B started a business investing Rs.6000 and Rs. 8000 respectively. After 6 months. B withdrew half of his investment. If after one year they get a profit of Rs.4000 then what is B's share.?


ARs.2000

BRs.1000

CRs.3000

DRs.5000

Answer: Option A

Explanation:

A and B shares = (6000*12) : (8000*6+4000*6)=1:1
After 1 year profit = 4000
So, B share = Rs. 2000

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A1, A2 and A3 enter into a partnership in the ratio 7/2 : 4/3 : 6/5 . After 4 months, A1 increases his share 50%. If the total profit at the end of one year be Rs. 21,600, then A2's share in the profit is:


A2100

B2400

C3600

D4000

Answer: Option D

Explanation:

Ratio of initial investments = 7/2 : 4/3 : 6/5
= 105 : 40 : 36.
Let the initial investments be 105x, 40x and 36x.
=> A1 : A2 : A3 = 105x * 4 + 150/100 * 105x * 8 : (40x * 12) : (36x * 12)
= 1680x : 480x : 432x
= 35 : 10 : 9.
Hence, A2's share = Rs. 21600 x 10/54 = Rs. 4000.

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Ashok opened a shop investing Rs.60,000 and Madhuri joined him after 2 months investing Rs.90,000. They get a profit of Rs. 1,08,000 after one year. The share of Madhuri is


ARs.35,000

BRs.30,000

CRs.60,000

DRs.45,000

Answer: Option C

Explanation:

Ashok and Madhuri ratio = (12 * 60,000) : (10 * 90,000) = 4:5
Madhuri share in profit after 1 year = 1,08,00 * 5/9 = Rs. 60000

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A, Band C enter into a partnership by investing in the ratio of 3 : 2: 4. After 1 year, B invests another Rs. 2,70,000 and C, at the end of 2 years, also invests Rs.2,70,000. At the end of three years, profits are shared in the ratio of 3 : 4 : 5. Find initial investment of each.


ARs. 2,70,000, Rs. 1,80,000, Rs. 3,60,000

BRs. 2,70,000, Rs. 2,80,000, Rs. 3,60,000

CRs. 1,70,000, Rs. 2,80,000, Rs. 3,60,000

DNone of these

Answer: Option A

Explanation:

A, B and C partnership ratio = 3 : 2: 4.
or 3x, 2x and 4x respectively.
Given, Investment of A remains same for 3 years.
So, Total investment for 3 years = 3*3x=9x
Relative Investment of B for 3 years = 2x*3 +270000*2
Relative investment of C = 4x*3 + 270000*1

As per given condition
(6x +540000) /( 12 X + 270000) = 4/5
=> x= 90,000
so initial investments were
Rs. 2,70,000, Rs. 1,80,000 and Rs. 3,60,000

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Four milkmen rented a pasture. A grazed 24 cows for 3 months; B 10 for 5 months; C 35 cows for 4 months and D 21 cows for 3 months. If A's share of rent is Rs. 720, find the total rent of the field.


A2250

B3250

C3550

DNone of these

Answer: Option B

Explanation:

A grazed 24 cows for 3 months.
B grazed 10 cows for 5 months.
and C grazed 35 cows for 4 months.
So Ratio of rent = 72:50:140: 63

Total rent = 325*720/72 = Rs. 3250

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