Daily Post Partnership Po Prelims 3

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Partnership Questions

1. Question:

A and B started a business. A invested half the amount invested by


B. After 4 months, C entered into a business by investing double the
amount of A. Find the share of C, if the total profit at the end of the
year is Rs. 65000.

A.Rs. 26000

B.Rs. 28000

C.Rs. 20000

D.Rs. 24000

E.None of these

Explanation

Answer: C

The share of A, B and C,

= > [1 * 12] : [2 * 12] : [2 * 8]

=>3:6:4

13’s = 65000

1’s = 5000

The share of C = Rs. 20000


2. Questions

A, B and C started a business with the investment of Rs.4000,


Rs.3000 and Rs.2000 respectively. At the end of the year, the profit
received by B and C together is Rs.1500 more than the profit
received by A. What is the total profit of the business?

A.Rs.12400

B.Rs.13500

C.Rs.12600

D.Rs.11700

E.None of these

Explanation

Answer: B

Profit ratio = 4000 * 12:3000 * 12:2000 * 12

= 4:3:2

5x – 4x = 1500

x = 1500

Total profit = 9x = 1500 * 9 = 13500

3. Questions
A and B started a business with the investment of Rs.3000 and
Rs.5000 respectively and the investment period of A and B is x
months and (x + 4) months respectively. If the total profit of the
business is Rs.2500 and A’s share in the profit is Rs.625, then find
the value of x?

A.3

B.4

C.5

D.6

E.None of these

Explanation

Answer: C

B’s profit share = 2500 – 625 = 1875

(3000 * x)/(5000 * (x + 4)) = 625/1875

(3000 * x)/(5000 * (x + 4)) = 1/3

5000x + 20000 = 9000x

4000x = 20000

x = 5 months

4. Questions
A, B and C started a business and the ratio of the investment of A
and B is 2: 1 and A and C in the ratio of 1: 2. If the investment period
of A, B and C is 10 months, 8 months and 4 months respectively and
the total profit is Rs.3300, then what is the profit share of B?

A.Rs.500

B.Rs.400

C.Rs.600

D.Rs.200

E.None of these

Explanation

Answer: C

Investment ratio of A, B and C = 2: 1: 4

Profit ratio = (2 * 10): (1 * 8): (4 * 4)

= 5: 2: 4

B’s profit share = 2/11 * 3300 = 600

5. Questions

A, B and C started a business with the investment in the ratio of


2:3:1/4. After 8 months B left the business. At the end of the year,
the total profit is Rs.3400, what is C’s profit share?
A.Rs.1800

B.Rs.1000

C.Rs.1200

D.Rs.1500

E.None of these

Explanation

Answer: E

Profit ratio of A, B and C = 2 * 12:3 * 8:1/4 * 12

= 8:8:1

C’s profit share = 1/17 * 3400 = 200

6. Questions

Rahul and Ravi started a business with the investment in the ratio of
4: 3 and after 6 months, Rahul withdrew Rs.x and B added Rs.1000.
At the end of one year, the total profit is Rs.3800, find the value of
x?

A.Rs.1200

B.Rs.1500

C.Rs.1900
D.Cannot be determined

E.None of these

Explanation

Answer: D

Profit ratio = (4y * 6 + (4y – x) * 6):(3y * 6 + (3y + 1000) * 6)

We cannot find the answer.

7. Questions

A and B started a business with the investment of Rs.6000 and


Rs.5000 respectively and after 6 months, C joined with the
investment of Rs.3000. At the end of the year, the total profit is
Rs.5000. Find the A’s profit share?

A.Rs.3200

B.Rs.2800

C.Rs.2400

D.Rs.2000

E.None of these

Explanation

Answer: C
Profit ratio of A, B and C = 6000 * 12:5000 * 12:3000 * 6

= 12:10:3

A’s profit share = 12/25 * 5000 = 2400

8. Questions

P, Q and R started a business by investing Rs. 12000, Rs. 15000 and


Rs. 18000 respectively. After 5 months, P invested Rs. 3000 more
and after 3 more months, R withdraws Rs. 3000. Find the share of Q,
if the total profit at the end of the year is Rs. 73200?

A.Rs. 23600

B.Rs. 22500

C.Rs. 24000

D.Rs. 25200

E.None of these

Explanation

Answer: C

The share of P, Q and R,

= > [12000 * 5 + 15000 * 7] : [15000 * 12] : [18000 * 8 + 15000 * 4]

= > [60000 + 105000] : [180000] : [144000 + 60000]


= > 165000 : 180000 : 204000

= > 55 : 60 : 68

183’s = 73200

1’s = 400

The share of Q = 60’s = Rs. 24000

9. Questions

A, B and C started a business with the investment of Rs.x, Rs.(x +


500) and Rs.2x respectively and after 12 months, C left the business.
At the end of two years, the total profit is Rs.Rs.5200 and the
difference between the profit share of A and B is Rs.1000. Find the
value of x?

A. 700

B. 1200

C. 1400

D. 1800

E.None of these

Explanation

Answer: A

Profit ratio of A, B and C = x * 24: (x + 500) * 24:2x * 12


= 2x: (2x + 1000): 2x

1000/(6x + 1000) = 1000/5200

6x + 1000 = 5200

6x = 4200

x = 700

10. Questions

A started a business with the investment of Rs.7000 and after 4


months, B joined with the investment of Rs.8000. At the end of the
year, the difference between the profit share of A and B is Rs.200.
What is the total profit of the business?

A.Rs.1480

B.Rs.1290

C.Rs.1160

D.Rs.1020

E.None of these

Explanation

Answer: A

Profit ratio = 7000 * 12: 8000 * 8


= 21:16

Total profit = 37/5 * 200 = 1480

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