Partnership Question And Answer :-
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Introducation:- When more than one person agree to invest their money to run a business or firm then this kind of agreement is called partnership
Types of Partnership:- there are 2 types
- Sleeping Partner: Sleeping partner is the person who provides only investment but does not take part in running the business.
- Working Partner: Working partner is the person who not only invests the money but also takes part in running the business. For this work he is paid some salary or some percent of profit in addition.
Formula of Partnership, Partnership Tricks:-
- If two partners A and B are investing their money to run a business then
(Simple Partnership)
where Capital of A : Capital of B = Profit of A : Profit of B
- If two partners A and B are investing their money for different period of time to run a business then
(Compound Partnership)
Capital of A × Time period of A : Capital of B × Time period of B = Profit of A : Profit of B
If n partners are investing for different period of time then
C1T1 : C2T2 : C3T3 : … : CnTn = P1 : P2 : P3 : … : Pn
Where C is the capital invested, T is time period of capital invested and P is profit earned.
Partnership Short Tricks 1
- If two partners are investing their money C1 and C2 for equal period of time and their total profit is P then their shares of profit are
- If these partners are investing their money for different period of time which is T1 and T2, then their profits are
Partnership Short Tricks 2:- If n partners are investing their money C1, C2, …, Cn for equal period of time and their total profit is P then their shares of profit are
If these partners are investing their money for different period of time which is T1, T2,… , Tn then their profits are
Partnership Solved Problems
Ex. 1. A, B and C started a business by investing Rs. 1,20,000, Rs. 1,35,000 and,Rs.1,50,000 respectively. Find the share of each, out of an annual profit of Rs. 56,700.
Sol. Ratio of shares of A, Band C = Ratio of their investments
= 120000 : 135000 : 150000 = 8 : 9 : 10.
A’s share = Rs. (56700 x (8/27))= Rs. 16800.
B’s share = Rs. ( 56700 x (9/27)) = Rs. 18900.
C’s share = Rs. ( 56700 x (10/27))=Rs. 21000.
Ex. 2. Alfred started a business investing Rs. 45,000. After 3 months, Peter joined him with a capital of Rs. 60,000. After another 6 months, Ronald joined them with a capital of Rs. 90,000. At the end of the year, they made a profit of Rs. 16,500. Find the lire of each.
Sol. Clearly, Alfred invested his capital for 12 months, Peter for 9 months and Ronald
for 3 months.
So, ratio of their capitals = (45000 x 12) : (60000 x 9) : (90000 x 3)
= 540000 : 540000 : 270000 = 2 : 2 : 1.
Alfred’s share = Rs. (16500 x (2/5)) = Rs. 6600
Peter’s share = Rs. (16500 x (2/5)) = Rs. 6600
Ronald’s share = Rs. (16500 x (1/5)) = Rs. 3300.
Ex. 3. A, Band C start a business each investing Rs. 20,000. After 5 months A withdrew Rs.6000 B withdrew Rs. 4000 and C invests Rs. 6000 more. At the end of the year, a total profit of Rs. 69,900 was recorded. Find the share of each.
Sol. Ratio of the capitals of A, Band C
= 20000 x 5 + 15000 x 7 : 20000 x 5 + 16000 x 7 : 20000 x 5 + 26000 x 7
= 205000:212000 : 282000 = 205 : 212 : 282.
A’s share = Rs. 69900 x (205/699) = Rs. 20500 I
B’s share = Rs. 69900 x (212/699) = Rs. 21200;
C’s share = Rs. 69900 x (282/699) = Rs. 28200.
Ex. 4. A, Band C enter into partnership. A invests 3 times as much as B and B invests two-third of what C invests. At the end of the year, the profit earned is Rs. 6600. What is the share of B ?
Sol. Let C’s capital = Rs. x. Then, B’s capital = Rs. (2/3)x
A’s capital = Rs. (3 x (2/3).x) = Rs. 2x.
Ratio of their capitals = 2x : (2/3)x 😡 = 6 : 2 : 3.
Hence, B’s share = Rs. ( 6600 x (2/11))= Rs. 1200.
Ex. 5. 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.
Sol. Ratio of shares of A, B, C, D = (24 x 3) : (10 x 5) : (35 x 4) : (21 x 3) = 72 : 50 : 140: 63.
Let total rent be Rs. x. Then, A’s share = Rs. (72x)/325
(72x)/325=720 = x=(720 x 325)/72 = 3250
Hence, total rent of the field is Rs. 3250.
Ex.6. A invested Rs. 76,000 in a business. After few months, B joined him Rs. 57,000. At the end of the year, the total profit was divided between them in ratio 2 :1. After bow many months did B join?
Sol. Suppose B joined after x months. Then, B’s money was invested for (12 - x)
(76000 x 12)/(57000 x (12-x) =2/1 = 912000=114000(12-x)
114 (12 - x) = 912=12-x=8x=4
Hence, B joined after 4 months.
Ex.7. 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.
Sol. Let the initial investments of A, Band C be Rs. 3x, Rs. 2x and Rs. 4x respectively.
Then,
(3x x 36) : [(2x x 12) + (2x + 270000) x 24] : [(4x x 24) + (4x +270000) x 12]=3:4:5
1O8x : (72x + 6480000) : (144x + 3240000) = 3 : 4 : 5
108x /(72x+6480000)=3/4 = 432x = 216x + 19440000
=216x = 19440000
x=90000
Hence, A’s initial investment = 3x = Rs. 2,70,000;
B’s initial investment = 2x = Rs. 1,80,000;
C’s initial investment = 4x = Rs. 3,60,000.
Partnership Quiz
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Question 1 of 30
1. Question
Sumit and Ravi started a business by investing Rs 85000 and 15000 respectively. In what ratio the profit earned after 2 years be divided between Sumit and Ravi respectively.
Correct
If you have clear concept of ratio and proportion chapter then it will really easy for you to solve partnership problems.
P:Q = 85000:15000 = 17:3
Important to note there that if both have invested for different period of times then we had to multiply with number of months to get the desired ratio.
Incorrect
If you have clear concept of ratio and proportion chapter then it will really easy for you to solve partnership problems.
P:Q = 85000:15000 = 17:3
Important to note there that if both have invested for different period of times then we had to multiply with number of months to get the desired ratio.
-
Question 2 of 30
2. Question
A,B and C enter into a partnership investing Rs 35000, Rs 45000 and 55000. Find the their respective shares in annual profit of 40,500
Correct
A:B:C = 35000:45000:55000 = 7:9:11
A’s share = (7/27) *40500 = Rs 10500
B’s share = (9/27) *40500 = Rs 13500
C’s share = (11/27)*40500 = Rs 16500[In options we can see that only salary of C is different in all options. So we cn just calculate the C share to solve question quickly ]
Incorrect
A:B:C = 35000:45000:55000 = 7:9:11
A’s share = (7/27) *40500 = Rs 10500
B’s share = (9/27) *40500 = Rs 13500
C’s share = (11/27)*40500 = Rs 16500[In options we can see that only salary of C is different in all options. So we cn just calculate the C share to solve question quickly ]
-
Question 3 of 30
3. Question
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
Correct
Let C = x.
Then B = x/2
and A = x/4A:B:C = 1:2:4.
C’s share Rs.[(4/7)*700) = 400Incorrect
Let C = x.
Then B = x/2
and A = x/4A:B:C = 1:2:4.
C’s share Rs.[(4/7)*700) = 400 -
Question 4 of 30
4. Question
A and B started a partnership business investing some amount in the ratio of 3 : 5. C joined them after six months with an amount equal to that of B. In what proportion should the profit at the end of one year be distributed amount A, B and C
Correct
Let initial investment of A is 3x and B is 5x, then C investment is also 5x, but most important to note in this question is the time duration of investment
Like, A invested for 12 months, B invested for 12 months and C invested for 6 months.A:B:C =(3x*12):(5x*12):(5x*6)
= 36:60:30
= 6:10:5Incorrect
Let initial investment of A is 3x and B is 5x, then C investment is also 5x, but most important to note in this question is the time duration of investment
Like, A invested for 12 months, B invested for 12 months and C invested for 6 months.A:B:C =(3x*12):(5x*12):(5x*6)
= 36:60:30
= 6:10:5 -
Question 5 of 30
5. Question
Three partners A,B and C shared the profit in a software business in the ratio 5:7:8. They had partnered for 14 months, 8 months and 7 months respectively. Find the ratio of their investments?
Correct
Incorrect
-
Question 6 of 30
6. Question
A starts business with Rs. 3500 and after 5 months, B joins with A as his partner. After a year, the profit is divided in the ratio 2:3. What is B’s contribution in the capital
Correct
Let B contribution is x.
3500∗127x=23=>14x=126000=>x=Rs9000
Incorrect
Let B contribution is x.
3500∗127x=23=>14x=126000=>x=Rs9000
-
Question 7 of 30
7. Question
Anand and Deepak started a business investing Rs.22,500 and Rs.35,000 respectively. Out of a total profit of
Rs. 13,800. Deepak’s share isCorrect
Ratio of their shares = 22500 : 35000
=9 : 14Deepak’s share = Rs.(13800×14/23)
= Rs. 8400Incorrect
Ratio of their shares = 22500 : 35000
=9 : 14Deepak’s share = Rs.(13800×14/23)
= Rs. 8400 -
Question 8 of 30
8. Question
A started a business with Rs.21,000 and is joined afterwards by B with Rs.36,000. After how many months did B join if the profits at the end of the year are divided equally?
Correct
Answer: Option B
Explanation:
Suppose B joined after x months
then,
21000*12=36000*(12-x)
=> 36x = 180
=> x = 5Incorrect
Answer: Option B
Explanation:
Suppose B joined after x months
then,
21000*12=36000*(12-x)
=> 36x = 180
=> x = 5 -
Question 9 of 30
9. Question
A, B and C invested Rs. 8000, Rs. 4000 and Rs. 8000 respectively in a business. A left after six months. If after eight months, there was a gain of Rs. 4005, then what will be the share of B?
Correct
Option C
Explanation:
A:B:C = (8000*6):(4000*8):(8000*8)
= 48:32:64
= 3:2:4So B share = (2/9)*4005 = Rs 890
Incorrect
Option C
Explanation:
A:B:C = (8000*6):(4000*8):(8000*8)
= 48:32:64
= 3:2:4So B share = (2/9)*4005 = Rs 890
-
Question 10 of 30
10. Question
Nirmal and Kapil started a business investing Rs. 9000 and Rs. 12000 respectively. After 6 months, Kapil withdrew half of his investment. If after a year, the total profit was Rs. 4600, what was Kapil’s share initially ?
Correct
Explanation:
Nirmal:Kapil = 9000*12:(12000*6+6000*6) = 1:1
Kapils share = Rs. [4600 *(1/2)) = Rs. 2300
Incorrect
Explanation:
Nirmal:Kapil = 9000*12:(12000*6+6000*6) = 1:1
Kapils share = Rs. [4600 *(1/2)) = Rs. 2300
-
Question 11 of 30
11. Question
Manoj received Rs. 6000 as his share out of the total profit of Rs. 9000 which he and Ramesh earned at the end of one year. If Manoj invested Rs.120000 for 6 months, whereas Ramesh invested his amount for the whole year, what was the amount invested by Ramesh
Correct
Explanation:
Suppose Ramesh invested Rs. x. Then,
Manoj : Ramesh = 20000 * 6 : x * 12.
120000/12x : 6000/3000
=> x = 120000/24 = 5000Incorrect
Explanation:
Suppose Ramesh invested Rs. x. Then,
Manoj : Ramesh = 20000 * 6 : x * 12.
120000/12x : 6000/3000
=> x = 120000/24 = 5000 -
Question 12 of 30
12. Question
Yogesh started a business investing Rs. 45000. After 3 months, Pranab joined him with a capital of Rs. 60000. After another 6 months, Atul joined them with a capital of Rs. 90000. At the end of the year, they made a profit of Rs. 20000. What would be Atuls share in it?
Correct
Explanation:
Just take care of the months of investment, rest all will be simple.
Yogesh:Pranab:Atul = 45000*12:60000*9:90000*3
= 2:2:1
Atul’s share = Rs. 20000 * (1/5) = Rs. 4000Incorrect
Explanation:
Just take care of the months of investment, rest all will be simple.
Yogesh:Pranab:Atul = 45000*12:60000*9:90000*3
= 2:2:1
Atul’s share = Rs. 20000 * (1/5) = Rs. 4000 -
Question 13 of 30
13. Question
In 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.
Correct
Explanation:
A:B = 3:2 = 6:4
=> A:C = 2:1 = 6:3=> A:B:C = 6:4:3
B share = (4/13)*157300
= 48400Incorrect
Explanation:
A:B = 3:2 = 6:4
=> A:C = 2:1 = 6:3=> A:B:C = 6:4:3
B share = (4/13)*157300
= 48400 -
Question 14 of 30
14. Question
Rahul and Bharti are partners in a business. Rahul contributes 1/4th capital for 15 months and Bharti received 2/3 of profit. For how long Bharti money was used.
Correct
Explanation:
Let the total profit be Rs. Z
Bharti’s share = (2/3)Z
Rahul’s Share = Z-(2/3)Z = Z/3Rahul:Bharti = Z/3:(2/3)Z = 1:2
Now let the total capital be Rs X, and Bharti capital was used for Y months
then, Rahul capital will be (1/4)X and Bharti capital wil be X-(1/4)X = 3X/414X∗1534X∗Y=12Y=15∗23=1014X∗1534X∗Y=12Y=15∗23=10
Incorrect
Explanation:
Let the total profit be Rs. Z
Bharti’s share = (2/3)Z
Rahul’s Share = Z-(2/3)Z = Z/3Rahul:Bharti = Z/3:(2/3)Z = 1:2
Now let the total capital be Rs X, and Bharti capital was used for Y months
then, Rahul capital will be (1/4)X and Bharti capital wil be X-(1/4)X = 3X/414X∗1534X∗Y=12Y=15∗23=1014X∗1534X∗Y=12Y=15∗23=10
-
Question 15 of 30
15. Question
A, B and C enter into a partnership investing Rs 35000, Rs 45000 and Rs 55000 resp. The respective share of A,B and C in an annual profit of Rs 40500 are
Correct
Explanation:
A:B:C = 35000:45000:55000
= 7:9:11
Now we are having the ratio.
to get the share, first make total of above ratio.
then get each share.
A’s Share=40500∗727=RsB’s Share=40500∗927=RsB’s Share=40500∗1127=Rs105001350016500A’s Share=40500∗727=Rs10500B’s Share=40500∗927=Rs13500B’s Share=40500∗1127=Rs16500Incorrect
Explanation:
A:B:C = 35000:45000:55000
= 7:9:11
Now we are having the ratio.
to get the share, first make total of above ratio.
then get each share.
A’s Share=40500∗727=RsB’s Share=40500∗927=RsB’s Share=40500∗1127=Rs105001350016500A’s Share=40500∗727=Rs10500B’s Share=40500∗927=Rs13500B’s Share=40500∗1127=Rs16500 -
Question 16 of 30
16. Question
Kamal started a business investing Rs 9000. After five months, Sameer joined with a capital of Rs 8000. If at the end of the year, they earn a profit of Rs. 6970, then what will be the share of Sameer in the profit ?
Correct
Explanation:
Now as per question, Kamal invested for 12 months and Sameer invested for 7 months.
So
Kamal:Sameer = (9000*12):(8000*7)
= 108:56
= 27:14Sameer Ratio in profit will be
=(6970∗1441)=Rs2380=(6970∗1441)=Rs2380
Incorrect
Explanation:
Now as per question, Kamal invested for 12 months and Sameer invested for 7 months.
So
Kamal:Sameer = (9000*12):(8000*7)
= 108:56
= 27:14Sameer Ratio in profit will be
=(6970∗1441)=Rs2380=(6970∗1441)=Rs2380
-
Question 17 of 30
17. Question
Arun, Kamal and Vinay invested Rs. 8000, Rs. 4000 and Rs. 8000 respectively in a business. Arun left after six months. If after eight months, there was a gain of Rs. 4005, then what will be the share of Kamal?
Correct
Explanation:
Arun : Kamal : Vinay = (8,000 x 6) : (4,000 x 8) : (8,000 x 8)
= 48 : 32 : 64
= 3 : 2 : 4Kamal’s share=4005∗29=Rs890Kamal’s share=4005∗29=Rs890
Incorrect
Explanation:
Arun : Kamal : Vinay = (8,000 x 6) : (4,000 x 8) : (8,000 x 8)
= 48 : 32 : 64
= 3 : 2 : 4Kamal’s share=4005∗29=Rs890Kamal’s share=4005∗29=Rs890
-
Question 18 of 30
18. Question
A and B entered into a partnership investing Rs. 16000 and Rs. 12000 respectively. After 3 months, A withdrew Rs. 5000 while B invested Rs. 5000 more. After 3 more months C joins the business with a capital of Rs. 21000. The share of B exceeds that of C, out of a total profit of Rs. 26400 after one year by
Correct
Explanation:
A:B: C = 16000*3 + 11000*9:12000*3 + 17000*9:21000*6
= 147:189:126 = 7:9:6
Difference of B and C’s shares =
Rs. [26400 * (9/22) — 26400 * (6/22))
= Rs. 3600Incorrect
Explanation:
A:B: C = 16000*3 + 11000*9:12000*3 + 17000*9:21000*6
= 147:189:126 = 7:9:6
Difference of B and C’s shares =
Rs. [26400 * (9/22) — 26400 * (6/22))
= Rs. 3600 -
Question 19 of 30
19. Question
A and B invest in a business in the ratio 3 : 2. If 5% of the total profit goes to charity and A’s share is Rs. 855, the total profit is
Correct
Let the total profit be Rs. 100.
After paying to charity, A’s share = Rs. 95 x 3 = Rs. 57. 5 If A’s share is Rs. 57, total profit = Rs. 100.
If A’s share Rs. 855, total profit = 100 x 855 = 1500. Incorrect
Let the total profit be Rs. 100.
After paying to charity, A’s share = Rs. 95 x 3 = Rs. 57. 5 If A’s share is Rs. 57, total profit = Rs. 100.
If A’s share Rs. 855, total profit = 100 x 855 = 1500. -
Question 20 of 30
20. Question
A, B and C jointly thought of engaging themselves in a business venture. It was agreed that A would invest Rs. 6500 for 6 months, B, Rs. 8400 for 5 months and C, Rs. 10,000 for 3 months. A wants to be the working member for which, he was to receive 5% of the profits. The profit earned was Rs. 7400. Calculate the share of B in the profit.
Correct
Explanation:
For managing, A received = 5% of Rs. 7400 = Rs. 370.
Balance = Rs. (7400 - 370) = Rs. 7030.
Ratio of their investments = (6500 x 6) : (8400 x 5) : (10000 x 3)
= 39000 : 42000 : 30000
= 13 : 14 : 10
B’s share = Rs. 7030 x 14 = Rs. 2660. 37 Incorrect
Explanation:
For managing, A received = 5% of Rs. 7400 = Rs. 370.
Balance = Rs. (7400 - 370) = Rs. 7030.
Ratio of their investments = (6500 x 6) : (8400 x 5) : (10000 x 3)
= 39000 : 42000 : 30000
= 13 : 14 : 10
B’s share = Rs. 7030 x 14 = Rs. 2660. 37 -
Question 21 of 30
21. Question
A, B, C subscribe Rs. 50,000 for a business. A subscribes Rs. 4000 more than B and B Rs. 5000 more than C. Out of a total profit of Rs. 35,000, A receives:
Correct
Explanation:
Let C = x.
Then, B = x + 5000 and A = x + 5000 + 4000 = x + 9000.
So, x + x + 5000 + x + 9000 = 50000
3x = 36000
x = 12000
A : B : C = 21000 : 17000 : 12000 = 21 : 17 : 12.
A’s share = Rs. 35000 x 21 = Rs. 14,700. 50 Incorrect
Explanation:
Let C = x.
Then, B = x + 5000 and A = x + 5000 + 4000 = x + 9000.
So, x + x + 5000 + x + 9000 = 50000
3x = 36000
x = 12000
A : B : C = 21000 : 17000 : 12000 = 21 : 17 : 12.
A’s share = Rs. 35000 x 21 = Rs. 14,700. 50 -
Question 22 of 30
22. Question
Three partners shared the profit in a business in the ratio 5 : 7 : 8. They had partnered for 14 months, 8 months and 7 months respectively. What was the ratio of their investments?
Correct
Explanation:
Let their investments be Rs. x for 14 months, Rs. y for 8 months and Rs. z for 7 months respectively.
Then, 14x : 8y : 7z = 5 : 7 : 8.
Now, 14x = 5 98x = 40y y = 49 x 8y 7 20 And, 14x = 5 112x = 35z z = 112 x = 16 x. 7z 8 35 5 x : y : z = x : 49 x : 16 x = 20 : 49 : 64. 20 5 Incorrect
Explanation:
Let their investments be Rs. x for 14 months, Rs. y for 8 months and Rs. z for 7 months respectively.
Then, 14x : 8y : 7z = 5 : 7 : 8.
Now, 14x = 5 98x = 40y y = 49 x 8y 7 20 And, 14x = 5 112x = 35z z = 112 x = 16 x. 7z 8 35 5 x : y : z = x : 49 x : 16 x = 20 : 49 : 64. 20 5 -
Question 23 of 30
23. Question
A starts business with Rs. 3500 and after 5 months, B joins with A as his partner. After a year, the profit is divided in the ratio 2 : 3. What is B’s contribution in the capital?
Correct
Explanation:
Let B’s capital be Rs. x.
Then, 3500 x 12 = 2 7x 3 14x = 126000
x = 9000.
Incorrect
Explanation:
Let B’s capital be Rs. x.
Then, 3500 x 12 = 2 7x 3 14x = 126000
x = 9000.
-
Question 24 of 30
24. Question
A and B started a partnership business investing some amount in the ratio of 3 : 5. C joined then after six months with an amount equal to that of B. In what proportion should the profit at the end of one year be distributed among A, B and C?
Correct
Explanation:
Let the initial investments of A and B be 3x and 5x.
A : B : C = (3x x 12) : (5x x 12) : (5x x 6) = 36 : 60 : 30 = 6 : 10 : 5.
Incorrect
Explanation:
Let the initial investments of A and B be 3x and 5x.
A : B : C = (3x x 12) : (5x x 12) : (5x x 6) = 36 : 60 : 30 = 6 : 10 : 5.
-
Question 25 of 30
25. Question
A, B, C rent a pasture. A puts 10 oxen for 7 months, B puts 12 oxen for 5 months and C puts 15 oxen for 3 months for grazing. If the rent of the pasture is Rs. 175, how much must C pay as his share of rent?
Correct
Explanation:
A : B : C = (10 x 7) : (12 x 5) : (15 x 3) = 70 : 60 : 45 = 14 : 12 : 9.
C’s rent = Rs. 175 x 9 = Rs. 45. 35 Incorrect
Explanation:
A : B : C = (10 x 7) : (12 x 5) : (15 x 3) = 70 : 60 : 45 = 14 : 12 : 9.
C’s rent = Rs. 175 x 9 = Rs. 45. 35 -
Question 26 of 30
26. Question
A and B started a business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, C joined them with Rs. 20,000. What will be B’s share in total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business?
Correct
A : B : C = (20,000 x 24) : (15,000 x 24) : (20,000 x 18) = 4 : 3 : 3.
B’s share = Rs. 25000 x 3 = Rs. 7,500. 10 Incorrect
A : B : C = (20,000 x 24) : (15,000 x 24) : (20,000 x 18) = 4 : 3 : 3.
B’s share = Rs. 25000 x 3 = Rs. 7,500. 10 -
Question 27 of 30
27. Question
A began a business with Rs. 85,000. He was joined afterwards by B with Rs. 42,500. For how much period does B join, if the profits at the end of the year are divided in the ratio of 3 : 1?
Correct
Explanation:
Suppose B joined for x months. Then,
Then, 85000 x 12 = 3 42500 x x 1 x = 85000 x 12 = 8. 42500 x 3 Incorrect
Explanation:
Suppose B joined for x months. Then,
Then, 85000 x 12 = 3 42500 x x 1 x = 85000 x 12 = 8. 42500 x 3 -
Question 28 of 30
28. Question
Aman started a business investing Rs. 70,000. Rakhi joined him after six months with an amount of Rs.. 1,05,000 and Sagar joined them with Rs. 1.4 lakhs after another six months. The amount of profit earned should be distributed in what ratio among Aman, Rakhi and Sagar respectively, 3 years after Aman started the business?
Correct
Explanation:
Aman : Rakhi : Sagar = (70,000 x 36) : (1,05,000 x 30) : (1,40,000 x 24) = 12 : 15 : 16.
Incorrect
Explanation:
Aman : Rakhi : Sagar = (70,000 x 36) : (1,05,000 x 30) : (1,40,000 x 24) = 12 : 15 : 16.
-
Question 29 of 30
29. Question
Simran started a software business by investing Rs. 50,000. After six months, Nanda joined her with a capital of Rs. 80,000. After 3 years, they earned a profit of Rs. 24,500. What was Simran’s share in the profit?
Correct
Explanation:
Simran : Nanda = (50000 x 36) : (80000 x 30) = 3 : 4.
Simran’s share = Rs. 24500 x 3 = Rs. 10,500. 7 Incorrect
Explanation:
Simran : Nanda = (50000 x 36) : (80000 x 30) = 3 : 4.
Simran’s share = Rs. 24500 x 3 = Rs. 10,500. 7 -
Question 30 of 30
30. Question
Rahul, Anurag and Vivek started a business together. In what proportion would the annual profit be distributed among them?
I. Rahul got one-fourth of the profit. II. Rahul and Vivek contributed 75% of the total investment. Correct
Let the total investment be Rs. x.
Then, R = x 4 R + V = 75 x x = 3x 100 4 V = 3x - x = x . 4 4 2 A = x - x + x = x 4 2 4 R : A : V = x : x : x = 1 : 1 : 2. 4 4 2 Thus, both I and II are needed to get the answer.
Correct answer is (E).
Incorrect
Let the total investment be Rs. x.
Then, R = x 4 R + V = 75 x x = 3x 100 4 V = 3x - x = x . 4 4 2 A = x - x + x = x 4 2 4 R : A : V = x : x : x = 1 : 1 : 2. 4 4 2 Thus, both I and II are needed to get the answer.
Correct answer is (E).
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