Sawaal

 Partnership Questions

Popular Latest Rated Important Formulae

FACTS  AND  FORMULAE  FOR  PARTNERSHIP  PROBLEMS

 

 

Partnership: When two or more than two persons run a business jointly, they are called partners and the deal is known as partnership.

 

Ratio of Division of Gains:

(i) When investments of all the partners are for the same time, the gain or loss is distributed a among the partners in the ratio of their investments. Suppose A and B invest Rs. x and Rs. y respectively for a year in a business, then at the end of the year (A’s share of profit) : (B's share of profit) = x : y.

 

(ii) When investments are for different time periods, then equivalent capitals are calculated for a unit of time by taking (capital x number of units of time). Now, gain or loss is divided in the ratio of these capitals. Suppose A invests Rs. x for p months and B invests Rs. y for q months, then (A’s share of profit) : (B's share of profit) = xp : yq.

 

Working and Sleeping Partners: A partner who manages the business is known as a working partner and the one who simply invests the money is a sleeping partner.

Q:

A and B started a business investing the money in ratio 4:6, after 6 months B withdraw his investment and C joins him with twice the amount of B. At the end of the year total profit is Rs.3315. Find share of C ?

A) Rs. 450 B) Rs. 1020
C) Rs. 765 D) Rs. 1530
 
Answer & Explanation Answer: D) Rs. 1530

Explanation:

Ratio of investments of A, B & C =>

bank

Share of C = 1530

Share of B = 765

Share of A = 1020

Report Error

View Answer Report Error Discuss

Filed Under: Partnership - Quantitative Aptitude - Arithmetic Ability
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

16 7411
Q:

A and B began business with Rs.3000 and Rs.4000 after 8 months, A withdraws Rs.1000 and B advances Rs.1000 more. At the end of the year, their profits amounted to Rs.630 find the share of A ?

A) Rs. 240 B) Rs. 75
C) Rs. 125 D) Rs. 354
 
Answer & Explanation Answer: A) Rs. 240

Explanation:

The ratio of A & B investments = (3x8 + 2x4):(4x8 + 5x4)

=> 8:13

=> 8/21 x 630 = 240.

Report Error

View Answer Report Error Discuss

Filed Under: Partnership - Quantitative Aptitude - Arithmetic Ability
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

16 31658
Q:

Rs.1200 divided among P, Q and R. P gets half of the total amount received by Q and R. Q gets one-third of the total amount received by P and R. Find the amount received by R ?

A) Rs. 1100 B) Rs. 500
C) Rs. 1200 D) Rs. 700
 
Answer & Explanation Answer: B) Rs. 500

Explanation:

Let the amounts to be received by P, Q and R be p, q and r.
p + q + r = 1200
p = 1/2 (q + r) => 2p = q + r

Adding 'p' both sides, 3p = p + q + r = 1200
=> p = Rs.400

q = 1/3 (p + r) => 3q = p + r

Adding 'q' both sides, 4q = p + q + r = 1200
=> q = Rs.300

r = 1200 - (p + q) => r = Rs.500.

Report Error

View Answer Report Error Discuss

Filed Under: Partnership - Quantitative Aptitude - Arithmetic Ability
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

15 19485
Q:

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) 48400 B) 54200
C) 64000 D) 74000
 
Answer & Explanation Answer: A) 48400

Explanation:

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 x 4/13 ) = Rs. 48400.

Report Error

View Answer Report Error Discuss

Filed Under: Partnership - Quantitative Aptitude - Arithmetic Ability

14 16977
Q:

A certain amount is divided among P, Q and R in the ratio of 3 : 7 : 6 respectively. If the difference between share of P and Q is Rs. 2700, what is R's share?

A) Rs. 4050 B) Rs. 2121
C) Rs. 5040 D) Rs. 3550
 
Answer & Explanation Answer: A) Rs. 4050

Explanation:

Let the ratio amount be 'p'

7p - 3p = 2700

4p = 2700

p = 675

R's Share = 675 × 6 = Rs. 4050

Report Error

View Answer Report Error Discuss

Filed Under: Partnership - Quantitative Aptitude - Arithmetic Ability
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

14 8110
Q:

A sum of Rs. 4,300 is distributed among M, N and O, such that M receives 25% more than N and N receives 25% less than O. What is O’s share in the amount?

A) 1564 B) 1600
C) 1632 D) 1714
 
Answer & Explanation Answer: B) 1600

Explanation:

Let O's share = Rs. P

=> N's share = 75100 x P = 3P4

M's share = 54 x 3P4 = 15P16

15P16 + 3P4 + P = 4300=> P = 4300 x 1643 = 1600 

Report Error

View Answer Report Error Discuss

Filed Under: Partnership - Quantitative Aptitude - Arithmetic Ability
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

14 4121
Q:

Three friends had dinner at a restaurant. When the bill was received, Akshitha paid 2/3 as much as Veena paid and Veena paid 1/2 as much as Lasya paid. What fraction of the bill did Veena pay ?

A) 11/3 B) 2/13
C) 3/11 D) 13/4
 
Answer & Explanation Answer: C) 3/11

Explanation:

Let Veena paid x,
so Akshitha paid 2x/3 , and Lasya paid 2x,
So total bill paid is given by
x+(2x/3) +2x = 1, we get
i.e. x = 3/11

Report Error

View Answer Report Error Discuss

Filed Under: Partnership - Quantitative Aptitude - Arithmetic Ability
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

14 13354
Q:

Rs. 700 is divided among A, B, C so that A receives half as much as B and B half as much as C. Then C's share is

A) Rs 200 B) Rs 300
C) Rs 400 D) Rs 500
 
Answer & Explanation Answer: C) Rs 400

Explanation:

Let C = x.
Then B = x/2
and A = x/4

A:B:C = 1:2:4.
C's share Rs.[(4/7)*700) = 400

Report Error

View Answer Report Error Discuss

Filed Under: Partnership - Quantitative Aptitude - Arithmetic Ability

13 10578