Partnership Questions and Answers updated daily – Aptitude
Partnership Questions: Solved 224 Partnership Questions and answers section with explanation for various online exam preparation, various interviews, Aptitude Category online test. Category Questions section with detailed description, explanation will help you to master the topic.
Partnership Questions
81. A,B started a business by investing Rs.10000/- and Rs.20000/- respectively. After 1year B withdrew Rs.5000/- and A invested Rs.5000/- more. At the end of 2 years they got total Profit Rs.6000/-. What is A's share?
SHOW ANSWER
Correct Ans:Rs.2500/-
Explanation:
A's Share = Rs.10000/- per first 1 year, Next year Rs.5000/- added
= Rs.10000/- * 1 + Rs.15000 * 1
= 25000
B's Share = Rs.20000/- per first 1 year, Next year Rs.5000/- reduced
= Rs.20000/- * 1 + Rs.15000/- * 1
= Rs.35000/-
Then, A's part : B's part= 25 :35
Total --> 60 parts -----> Rs.6000/-
1 part ------> Rs.100/-
Then, A's share = 25 parts = Rs.100/- * 25 parts = Rs.2500/-
= Rs.10000/- * 1 + Rs.15000 * 1
= 25000
B's Share = Rs.20000/- per first 1 year, Next year Rs.5000/- reduced
= Rs.20000/- * 1 + Rs.15000/- * 1
= Rs.35000/-
Then, A's part : B's part= 25 :35
Total --> 60 parts -----> Rs.6000/-
1 part ------> Rs.100/-
Then, A's share = 25 parts = Rs.100/- * 25 parts = Rs.2500/-
Workspace
82. A began a business with Rs.5000/- and was joined afterwards by B with Rs.4000/-. If the profits at the end of the year were divided in the ratio 3:1, B joined the business after:?
SHOW ANSWER
Correct Ans:7 Months
Explanation:
1) Share's ratio is always equal to profit ratio
2) When two ratios are equal, then the cross products of the ratios are equal.
That is, for the proportion, a:b = c:d , a x d = b x c
A = 5000/- per 12 Months B = 4000/- per x Months 4000 * 12 : 5000 * 8 = 3 : 1
=> 6 : 5 = 3 : 1
=> 3x = 15
=> x = 5 Months
Then, B joined the business after = 12 - x ==> 12 - 5 ==> after 7 Months.
2) When two ratios are equal, then the cross products of the ratios are equal.
That is, for the proportion, a:b = c:d , a x d = b x c
A = 5000/- per 12 Months B = 4000/- per x Months 4000 * 12 : 5000 * 8 = 3 : 1
=> 6 : 5 = 3 : 1
=> 3x = 15
=> x = 5 Months
Then, B joined the business after = 12 - x ==> 12 - 5 ==> after 7 Months.
Workspace
83. A began a business with Rs,5000/- and was joined afterwards by B with Rs.4000/-. If the profits at the end of the year were divided in the ratio 3:1, How many months B was in the business?
SHOW ANSWER
Correct Ans:5 Months
Explanation:
Let the number of months B in the business = x
Given, A's investment = Rs. 5000 for 12 months
B's investment = Rs. 4000 for x months
Given Profit ratio = 3 : 1
=> Ratio of Profit = Ratio of investment
=> 3 : 1 = (5000 * 12) : (4000 * x)
=> 3 : 1 = 15 : x
=> 3/1 = 15 / x
=> x = 15 / 3
=> x = 5
Thus,number of months B in the business = 5 months
Given, A's investment = Rs. 5000 for 12 months
B's investment = Rs. 4000 for x months
Given Profit ratio = 3 : 1
=> Ratio of Profit = Ratio of investment
=> 3 : 1 = (5000 * 12) : (4000 * x)
=> 3 : 1 = 15 : x
=> 3/1 = 15 / x
=> x = 15 / 3
=> x = 5
Thus,number of months B in the business = 5 months
Workspace
84. A starts a business with Rs. 3500. After 5 months, B joins with A as his partner. After a year, the profit is divided in the ratio 2 : 3. B's contribution in the capital is:
SHOW ANSWER
Correct Ans:9000
Explanation:
Given Profit is for one year = 12 months, so the peroid of given business = 12 months.
Given, A investment = Rs. 3500 for 12 months
Given, B joined the business after 5 months, which means he is in the business for (12 - 5) = 7 months.
LetB's contribution in the capital= Rs. "x"
Given Profit Ratio = 2 : 3
A and B's Ratio of (Amount invested * No. of months in business) = A, B's Ratio of profit
=> (3500 * 12) : (x * 7) = 2 : 3
=> (500 * 12) / x = 2 / 3
=> x = (500 * 12) * 3/2
=> x = 500 * 6 * 3
=> x = 9,000
Therefore,B's contribution in the capital= Rs. "x" = Rs. 9,000
Given, A investment = Rs. 3500 for 12 months
Given, B joined the business after 5 months, which means he is in the business for (12 - 5) = 7 months.
LetB's contribution in the capital= Rs. "x"
Given Profit Ratio = 2 : 3
A and B's Ratio of (Amount invested * No. of months in business) = A, B's Ratio of profit
=> (3500 * 12) : (x * 7) = 2 : 3
=> (500 * 12) / x = 2 / 3
=> x = (500 * 12) * 3/2
=> x = 500 * 6 * 3
=> x = 9,000
Therefore,B's contribution in the capital= Rs. "x" = Rs. 9,000
Workspace
85. A and B started a partnership business investing capital in the ratio of 3 : 5. C joined in the partnership after six months with an amount equal to that of B. At the end of one year, the profit should be distributed among A, B and C in --- proportion.
SHOW ANSWER
Correct Ans:6:10:05
Explanation:
Initial investment capital ratio of A and B = 3 : 5
Hence we can assume that initial capital of A and B are 3x and 5x respectively.
Amount that C invest after 6 months = 5x (Since it is equal to B's investment)
Ratio in which profit should be distributed after 1 year = 3x * 12 : 5x * 12 : 5x * 6
=> 3 * 12 : 5 * 12 : 5 * 6
= 6 : 10 : 5
Hence we can assume that initial capital of A and B are 3x and 5x respectively.
Amount that C invest after 6 months = 5x (Since it is equal to B's investment)
Ratio in which profit should be distributed after 1 year = 3x * 12 : 5x * 12 : 5x * 6
=> 3 * 12 : 5 * 12 : 5 * 6
= 6 : 10 : 5
Workspace
86. A , B , C started a partnership business by investing Rs 27000 , 72000 , 81000 respectively. At the end of the year , the profit were distributed among them. If C's share of profit is 36000, What is the total profit?
SHOW ANSWER
Correct Ans:80000
Explanation:
A:B:C = 27000:72000:81000
= 3:8:9
Let the total profit= p
Then p * 9/20 = 36000
=> p = 36000 * 20/9 = 80000
= 3:8:9
Let the total profit= p
Then p * 9/20 = 36000
=> p = 36000 * 20/9 = 80000
Workspace
87. P and Q invested in a business. The profit earned was divided in the ratio 2 : 3. If P invested Rs 40000, the amount invested by Q is
SHOW ANSWER
Correct Ans:60000
Explanation:
Let the amount invested by Q = q
40000 : q = 2 : 3
=> 40000/q = 2/3
=> q = 40000 * (3/2) = 60000
40000 : q = 2 : 3
=> 40000/q = 2/3
=> q = 40000 * (3/2) = 60000
Workspace
88. A and B starts a business investing Rs.85,000 and Rs.15,000 respectively. Find out the ratio in which the profits should be shared.
SHOW ANSWER
Correct Ans:17:3
Explanation:
Here A's and B's capitals are there for an equal time. Hence
Ratio of share of profits between A and B =A's investedamount :B's investedamount
= 85000 : 15000
= 85 : 15
= 17 : 3
Ratio of share of profits between A and B =A's investedamount :B's investedamount
= 85000 : 15000
= 85 : 15
= 17 : 3
Workspace
89. A started a business by investing Rs.10000/-.After 1 year B joined by investing Rs.15000/- After 6 months C joined by investing Rs.24000/-. At the end of two years, they got a profit of Rs.47000/-. What is A's share?
SHOW ANSWER
Correct Ans:Rs.20000/-
Explanation:
A = Rs.10000/- per 24 months
B = Rs.15000/- per 12 months
C = Rs.24000/- per 6 months
A : B : C = 10000 * 24 : 15000 * 12 : 24000 * 6
= 20 : 15 : 12
Total = 47 parts -----> Rs.47000/- (profit)
=> 1 part ------> Rs.1000/-
Then, A's share is
= 20 part = Rs.1000/- * 20 parts = Rs.20,000/-
B = Rs.15000/- per 12 months
C = Rs.24000/- per 6 months
A : B : C = 10000 * 24 : 15000 * 12 : 24000 * 6
= 20 : 15 : 12
Total = 47 parts -----> Rs.47000/- (profit)
=> 1 part ------> Rs.1000/-
Then, A's share is
= 20 part = Rs.1000/- * 20 parts = Rs.20,000/-
Workspace
90. A started a business by investing Rs.5000/-. After 4 months B joined by investing Rs.4000/- After 2 months C joined by investing Rs.3000/-. At the end of the year, they got a profit of Rs.5500/-. What is A's share?
SHOW ANSWER
Correct Ans:Rs.3000/-
Explanation:
A = Rs.5000/- per 12 months
B = Rs.4000/- per 8 months
C = Rs.3000/- per 6 months
A : B : C= (5000 * 12) : (4000 * 8) : (3000 * 6)
= 30 : 16 : 9
Total = 55 parts -----> Rs.5500/- (profit)
=> 1 part ------> Rs.100/-
Then, A's share is = 30 part = Rs.100 * 30 parts = Rs.3000/-
B = Rs.4000/- per 8 months
C = Rs.3000/- per 6 months
A : B : C= (5000 * 12) : (4000 * 8) : (3000 * 6)
= 30 : 16 : 9
Total = 55 parts -----> Rs.5500/- (profit)
=> 1 part ------> Rs.100/-
Then, A's share is = 30 part = Rs.100 * 30 parts = Rs.3000/-
Workspace
91. A started a business by investing Rs.4000/-. After 4 months B joined by investing Rs.5000/- At the end of the year, there was a profit of Rs.8800/-. What is A's share?
SHOW ANSWER
Correct Ans:Rs.4800/-
Explanation:
A = Rs.4000/- per 12 months
B = Rs.5000/- per 8 months
= 4000 * 12 : 5000 * 8 = 6 : 5 Total = 11 parts -----> Rs.8800/- (profit)
= 1 part ------> Rs.800/-
Then, A's share is
= 6 part = Rs.800/- * 6 parts = Rs.4800/-
= 4000 * 12 : 5000 * 8 = 6 : 5 Total = 11 parts -----> Rs.8800/- (profit)
= 1 part ------> Rs.800/-
Then, A's share is
= 6 part = Rs.800/- * 6 parts = Rs.4800/-
Workspace
92. A,B and C started a business in which A invested Rs.2000/- for 1 year, B invested Rs.3000/- for 1 1/2 years, C invested Rs.4000/- for 2 years. At the end of the profit received by them is Rs.14500/-. What is C's share?
SHOW ANSWER
Correct Ans:Rs.8000/-
Explanation:
A = Rs.20000/- per 12 months
B = Rs.30000/- per 18 months
C = Rs.40000/- per 24 months
= 20000 * 12 : 30000 * 18 : 40000 * 24 = 4 : 9 : 16 Total = 29 parts -----> Rs.14500/- (profit)
= 1 part ------> Rs.500/-
Then, C's share is
= 16 part = Rs.500/- * 16 parts = Rs.8000/-
= 20000 * 12 : 30000 * 18 : 40000 * 24 = 4 : 9 : 16 Total = 29 parts -----> Rs.14500/- (profit)
= 1 part ------> Rs.500/-
Then, C's share is
= 16 part = Rs.500/- * 16 parts = Rs.8000/-
Workspace
93. A,B and C started a business in which A invested Rs.20000/- for 2 year, B invested Rs.30000/- for 3 years, C invested Rs.40000/- for 4 years. At the end of the profit received by them is Rs.11,600/-. What is B�s share?
SHOW ANSWER
Correct Ans:Rs.3600/-
Explanation:
A = Rs.20000/- per 2 year B = Rs.30000/- per 3 years C = Rs.40000/- per 4 years
= 20000 * 2 : 30000 * 3 : 40000 * 4
= 4 : 9 : 16
Total = 29 parts -----> Rs.11600/- (profit)
= 1 part ------> Rs.400/-
Then, B's share is
=> 9 part = Rs.400/-
=> 400 * 9 parts = Rs.3600/-
= 20000 * 2 : 30000 * 3 : 40000 * 4
= 4 : 9 : 16
Total = 29 parts -----> Rs.11600/- (profit)
= 1 part ------> Rs.400/-
Then, B's share is
=> 9 part = Rs.400/-
=> 400 * 9 parts = Rs.3600/-
Workspace
94. A invested Rs 76000 in a business. After few months, B joined him with Rs 57000. The total profit was divided between them in the ratio 2 : 1 at the end of the year. After how many months did B join?
SHOW ANSWER
Correct Ans:4
Explanation:
Assume that B joins for x months . Then
A : B = 76000 * 12 : 57000 * x = 2:1
=> 76 * 12 : 57x = 2:1
=> 76 * 12/57x = 2/1 = 2
=> x = (76 * 12)/(57 * 2) = (76 * 4)/(19 * 2) = 8
Hence B was there in the business for 8 months, and joined after 12-8 = 4 months
A : B = 76000 * 12 : 57000 * x = 2:1
=> 76 * 12 : 57x = 2:1
=> 76 * 12/57x = 2/1 = 2
=> x = (76 * 12)/(57 * 2) = (76 * 4)/(19 * 2) = 8
Hence B was there in the business for 8 months, and joined after 12-8 = 4 months
Workspace
95. 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 157300 was their profit, how much amount did B receive?
SHOW ANSWER
Correct Ans:48400
Explanation:
Assume that investment of C = x
Then, investment of A = 2x
Investment of B = 4x/3
A:B:C = 2x : 4x/3 : x = 2 : 4/3 : 1 =6 : 4 : 3
B's share = 157300 * 4/(6+4+3) = 157300 * 4/13
= 12100 * 4 = 48400
Then, investment of A = 2x
Investment of B = 4x/3
A:B:C = 2x : 4x/3 : x = 2 : 4/3 : 1 =6 : 4 : 3
B's share = 157300 * 4/(6+4+3) = 157300 * 4/13
= 12100 * 4 = 48400
Workspace
96. If 4 (P's Capital ) = 6 ( Q's Capital ) = 10 ( R's Capital ) , then out of the total profit of Rs 4650 , R will receive
SHOW ANSWER
Correct Ans:900
Explanation:
Let P's capital = p, Q's capital = q and R's capital = r
Then
4p = 6q = 10r
=> 2p = 3q = 5r
=>q = 2p/3
r = 2p/5
P : Q : R = p : 2p/3 : 2p/5
= 15 : 10 : 6
R's share = 4650 * (6/31) = 150 * 6 = 900
Then
4p = 6q = 10r
=> 2p = 3q = 5r
=>q = 2p/3
r = 2p/5
P : Q : R = p : 2p/3 : 2p/5
= 15 : 10 : 6
R's share = 4650 * (6/31) = 150 * 6 = 900
Workspace
97. P , Q, R enter into a partnership & their share are in the ratio 1/2 : 1/3 : 1/4 , after two months , P withdraws half of the capitals & after 10 months , a profit of Rs 378 is divided among them. What is Q's share?
SHOW ANSWER
Correct Ans:144
Explanation:
The ratio of their initial investment = 1/2 : 1/3 : 1/4
= 6 : 4: 3
Let's take the initial investment of P, Q and R as 6x, 4x and 3x respectively
P:Q:R = (6x * 2 + 3x * 10) : 4x * 12 : 3x * 12
= (12 + 30) : 4 * 12 : 3 * 12
=(4 + 10) : 4 * 4 : 12
= 14 : 16 : 12
= 7 : 8 : 6
B's share = 378 * (8/21) = 18 * 8 = 144
= 6 : 4: 3
Let's take the initial investment of P, Q and R as 6x, 4x and 3x respectively
P:Q:R = (6x * 2 + 3x * 10) : 4x * 12 : 3x * 12
= (12 + 30) : 4 * 12 : 3 * 12
=(4 + 10) : 4 * 4 : 12
= 14 : 16 : 12
= 7 : 8 : 6
B's share = 378 * (8/21) = 18 * 8 = 144
Workspace
98. A,B and C started a business in which A invested Rs.10000/- for 1 year, B invested Rs.20000/- for 2 years, C invested Rs.30000/- for 3 years. At the end, the profit received by them is Rs.5600/-. What is C's share?
SHOW ANSWER
Correct Ans:Rs.3600/-
Explanation:
Given,A invested Rs.10,000/- for 1 year, B invested Rs.20,000/- for 2 years, C invested Rs.30,000/- for 3 years.
Therefore, the ratio of investment of A, B, C = Ratio of (Amount invested * No. of months in Business)
= (10,000 * 12) *: (20,000 * 24) : (30,000 * 36)
= (1 * 12) : (2 * 24) : (3 * 36)
= 1 : 4 : 9
Thus,Total parts of share = 1 + 4 + 9 = 14
C's part of share = 9
Given,total profit = Rs. 5600
Hence, C's share = Rs. (9/14) * 5600 = Rs. 3600
Therefore, the ratio of investment of A, B, C = Ratio of (Amount invested * No. of months in Business)
= (10,000 * 12) *: (20,000 * 24) : (30,000 * 36)
= (1 * 12) : (2 * 24) : (3 * 36)
= 1 : 4 : 9
Thus,Total parts of share = 1 + 4 + 9 = 14
C's part of share = 9
Given,total profit = Rs. 5600
Hence, C's share = Rs. (9/14) * 5600 = Rs. 3600
Workspace
99. A,B started a business in which A invested Rs.10000/- for 1 year, B invested Rs.20000/- for 2 years. At the end of the profit received by them is Rs.5000/-. What is A's share?
SHOW ANSWER
Correct Ans:Rs.1000/-
Explanation:
A = Rs.10000/- per 1 year
B = Rs.20000/- per 2 years
= 10000 * 1 : 20000 * 2 = 1 : 4 Total = 5 parts -----> Rs.5000/- (profit)
= 1 part ------> Rs.1000/-
Then, A's share is
= 1 part = Rs.1000/-
= 10000 * 1 : 20000 * 2 = 1 : 4 Total = 5 parts -----> Rs.5000/- (profit)
= 1 part ------> Rs.1000/-
Then, A's share is
= 1 part = Rs.1000/-
Workspace
100. A,B and C started a business by investing Rs.1400/- , Rs.4200/- and Rs.7000/- respectively. Total profit is Rs.8100/-. Find the C's share?
SHOW ANSWER
Correct Ans:Rs.4500/-
Explanation:
Ratio of investment of A, B and C = 1400 : 4200 : 7000
= 1 : 3 : 5
Given,Total profit = Rs.8100
Then, C's share = 5/ (1 + 3 + 5) * 8100
= (5 /9) * 8100
= Rs. 4500
=> C's share =Rs. 4500
= 1 : 3 : 5
Given,Total profit = Rs.8100
Then, C's share = 5/ (1 + 3 + 5) * 8100
= (5 /9) * 8100
= Rs. 4500
=> C's share =Rs. 4500
Workspace
Are you seeking for good platform for practicing Partnership questions in online. This is the right place. The time you spent in Fresherslive will be the most beneficial one for you.
Online Test on Partnership @ Fresherslive
This page provides important questions on Partnership along with correct answers and clear explanation, which will be very useful for various Interviews, Competitive examinations and Entrance tests. Here, Most of the Partnership questions are framed with Latest concepts, so that you may get updated through these Partnership Online tests. Partnership Online Test questions are granted from basic level to complex level.
Why To Practice Partnership Test questions Online @ Fresherslive?
Partnership questions are delivered with accurate answer. For solving each and every question, very lucid explanations are provided with diagrams wherever necessary.
Practice in advance of similar questions on Partnership may improve your performance in the real Exams and Interview.
Time Management for answering the Partnership questions quickly is foremost important for success in Competitive Exams and Placement Interviews.
Through Fresherslive Partnership questions and answers, you can acquire all the essential idea to solve any difficult questions on Partnership in short time and also in short cut method.
Winners are those who can use the simplest method for solving a question. So that they have enough time for solving all the questions in examination, correctly without any tense. Fresherslive provides most simplest methods to answer any tough questions. Practise through Fresherslive test series to ensure success in all competitive exams, entrance exams and placement tests.
Why Fresherslive For Partnership Online Test Preparation?
Most of the job seekers finding it hard to clear Partnership test or get stuck on any particular question, our Partnership test sections will help you to success in Exams as well as Interviews. To acquire clear understanding of Partnership, exercise these advanced Partnership questions with answers.
You're Welcome to use the Fresherslive Online Test at any time you want. Start your beginning, of anything you want by using our sample Partnership Online Test and create yourself a successful one. Fresherslive provides you a new opportunity to improve yourself. Take it and make use of it to the fullest. GOODLUCK for Your Bright Future.
