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Partnership Aptitude Questions and Answers | MCQ Problems
Quiz Name | Partnership |
Category | Aptitude |
Number of Questions | 25 |
Time | 30 Minutes |
Exam Type | MCQ (Multiple Choice Questions) |
Partnership Aptitude Online Test – Practice Now
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1. P, Q, and R invested Rs.42000, Rs.60000 and Rs.80000 respectively to start a business. At the end of 4 years, they earned a profit of Rs.18200. what will be Q’s share in profit?
a. Rs.5000
b. Rs.7000
c. Rs.6500
d. Rs.4500
e. Rs.6000
Answer: e
Explanation:
2. A started a business investing Rs.45000. After 8 months B joined him with a capital of Rs.60000. At the end of the year the total profit was Rs.16900. What is the difference between the share of profit of A and B?
a. Rs.6000
b. Rs.5600
c. Rs.6200
d. Rs.6500
e. Rs.6300
Answer: d
Explanation:
3. A, B and C started a business with capital Rs.12000, Rs.20000 and Rs.24000 respectively. After 4 months, B takes out Rs.4000 and C added Rs.6000 in his investment. Then, find the profit share of B, if the total profit is Rs.8600
a. Rs.2500
b. Rs.3500
c. Rs.2600
d. Rs.3600
e. Rs.3000
Answer: c
Explanation:
4. A, B and C agree to receive profit from their business each in proportion of his investment. If A invests Rs.20000 for a year, B invests Rs.25000 for 6 months and C invests Rs.30000 for 8 months, then find the share of profit of A and B if the total profit is Rs.42000 at the end of one year.
a. Rs.16000 and R.10000
b. Rs.26000 and Rs.10000
c. Rs.12000 and Rs.14000
d. Rs.18000 and Rs.8000
e. Rs.9000 and Rs.20000
Answer: a
Explanation:
Ratio of investment of A, B and C is
20000×12:25000×6:30000×8=8:5:8
5. P, Q, and R started the business with the investment Rs.20,000, Rs. 25,000 and Rs.30,000 respectively. After 4 month P invested Rs.4,000 more and Q invested Rs. 3,000 more. At the end of the year profit earned by Q is Rs. 3,240. Then find the amount earned by R.
a. Rs 3,500
b. Rs 2,700
c. Rs 3,600
d. Rs 2,200
e. Rs 4,500
Answer: c
Explanation:
= Profit share ratio of P, Q and R
= 20,000 x 4+24,000 x 8 : 25,000 x 4 +28,000 x 8 : 30,000 x 12
= 68:81:90
= 68u:81u:90u
81u=3240
1u = 40
Amount earned by R =
90u = 90 x 40 = Rs.3600
6. Aakash and Vikash invested Rs(x+2000) and Rs(x+3000) respectively in a partnership. If profit at the end of the year is Rs 28000 and value of Vikash’s share is Rs 16000, what is the value of x? (in Rs)
a. 1500
b. 1000
c. 2000
d. 500
e. 1200
Answer: b
Explanation:
Ratio in which profit is distributed between Aakash and Vikash =(x +2000): (x+3000)
7. A and B started a business in partnership by investing the capital of Rs. 35000 and Rs. 40000 respectively. After six months, C also joined them with some capital. If at the end of the year, the profit share of C is Rs. 8000 out of the total profit of Rs. 23000, then find the amount invested by C.
a. Rs. 40000
b. Rs. 64000
c. Rs. 80000
d. Rs. 96000
e. None of these
Answer: c
Explanation:
Let the invetment of C be Rs. X.
Ratio of profits of A, B and C = 35000 × 12 : 40000 × 12 : X × 6
= 70000 : 80000 : X
According to question,
=
⇒ 23X = 8X + 150000 × 8
⇒ 15X = 150000 × 8
⇒ X = 80000
8. Kundan opened a business by investing Rs. 40,000. He invested additional amount of Rs. 10,000 every year. After three years his brother Chandan joined him with an amount of Rs. 170000. Thereafter Chandan did not invest any additional amount. On completion of four years they earned a profit of Rs. 134000. What will be Kundan’s share in the earning?
a. Rs. 100000
b. Rs. 210000
c. Rs. 120000
d. Rs. 140000
e. None of these
Answer: a
Explanation:
Ratio of investments of Kundan and Chandan
= (40000 × 4 + 50000 × 3 + 60000 × 2 + 70000 × 1) : 170000
= 500000 : 170000 = 50 : 17
Kundan’s share = 134000 × (50/67) = Rs. 100000
9. A invested Rs.90,000 in a business. After 4 months, B joined the business with Rs. ‘X’. If at the end of the year, the profit share of B is Rs.8,000 out of the total profit of Rs.17,000, then find X?
a. 1,20,000
b. 1,40,000
c. 1,50,000
d. 2,00,000
e. 1,80,000
Answer: a
Explanation:
10. A, B and C started a business by investing money 45000, 55000 and 75000 respectively. C being a working partner gets 30% of the profit as salary. The remaining is shared between A, B and C in the ratio of their amounts. if C gets Rs. 8970 more than A and B together, then find the profit of B.
a. 9867 RS.
b. 6798 RS.
c. 8669 RS.
d. 9736 RS.
e. None
Answer: a
Explanation:
11. Sumit, Ravi and Puneet invest ₹ 45000, ₹ 81000 and ₹ 90000 respectively to start a business. At the end of the year, the total profit is ₹ 4800. 30% of the total profit gives in charity and rest is divided among them. What will be the share of Sumit?
a. ₹700
b. ₹1260
c. ₹1310
d. ₹1400
e. None
Answer: a
Explanation:
Profit sharing ratio of Sumit, Ravi and Puneet
= 45000 : 81000 : 90000
= 5 : 9 : 10
Sum of ratios = 5 + 9 + 10 = 24
Profit after charity = 4800 – 4800 × 30% = 4800 – 1440 = ₹3360
Share of Sumit = 3360 × 5/24 = ₹700
12. P and Q starts a business with investment of ₹28000 and ₹42000 respectively. P invests for 8 months and Q invests for one year. If the total profit at the end of the year is ₹21125, then what is the share of P?
a. ₹12625
b. ₹14625
c. ₹6500
d. ₹8750
e. None
Answer: c
Explanation:
As we know that investment × time = profit
Here, P invests 28000 for 8 months and Q invests 42000 for 12 months.
According to the question,
(28000 × 8) : (42000 × 12)
= (28 × 8) : (42 × 12) = 4 : 9
Total profit = 4 + 9 = 13
Since, 13 = 21125
∴ 4 = 21125/13×4
= 1625 × 4 = Rs. 6500
13. Ram, Sita and Salma invest Rs 16000, Rs 22000 and Rs 18000 respectively to start a business. If the profit at the end of the year is Rs 26600, then what is share of Ram?
a. Rs 10450
b. Rs 8550
c. Rs 9650
d. Rs 7600
e. None
Answer: d
Explanation:
According to the question,
The ratio of Investments if Ram, Sita and Salma =
= 16000 : 22000 : 18000
= 16 : 22 : 18
= 8 : 11 : 9
Since they have invested the money for equal time periods, the profit will be divided in the ratio of their investments.
Now, let 8x, 11x, and 9x be their respective profits.
Thus, 8x + 11x + 9x = 26600
⇒ 28x = 26600
⇒ x = 26600/28 = 950
∴ Share of Ram will be = 8 × 950 = Rs. 7600
14. A, B and C enter into a partnership. Investment of B is 15% less than that of A which is 50% less than that of C. After 6 months, A increses his capital by 50% whereas B by 100% and C is a sleeping partner. If at the end of year, total profit share is Rs 57,920, then find the profit share of B?
a. Rs 16,820
b. Rs 16,640
c. Rs 16,320
d. Rs 16,410
e. None
Answer: c
Explanation:
15. A, B and C started a business and ratio of amount invested by ‘A and C’ together to that of ‘B’ is 2:1 while amount invested by ‘A’ and ‘B’ together is 200% more than that of ‘C’. ‘A’ invested for 6 months, ‘B’ for 9 months and ‘C’ for a year. Find the share of ‘B’ out of total profit of Rs 6800.
a. Rs 1800
b. Rs 2400
c. Rs 3000
d. Rs 3600
e. None
Answer: b
Explanation:
16. Ram and Raja started a business by investing Rs 40000 and Rs. 60000 respectively. After some months, Raja withdrew two-third of his capital but invested the withdrawl amount after 3 further months. If at the end of year, Ram got Rs. 12000 out of total profit of Rs. 26000 then for how many months Raja kept his initial capital in business.
a. 7 months
b. 4 months
c. 8 months
d. 5 months
e. None
Answer: c
Explanation:
17. A and B started a business by investing Rs. 36000 and Rs. 45000 respectively. After 4 months B withdrawals 4/9 of his investment. After 5 months from the withdrawal, B again invested 11/9 of its original investment. If the total earned profit at the end of the year is Rs. 117240, then who will get more money as a share of profit and how much?
a. A, Rs. 15500
b. B, Rs. 12450
c. A, Rs. 14245
d. B, Rs. 13560
e. None
Answer: d
Explanation:
18. Siraj and Hiten started a business with investment of Rs. 15000 and Rs. 18000, respectively. After one year, Siraj increased his investment by 10% while Hiten decreased his investment by 10%. At the end of two years, total profit made by the business is Rs. 13140. Find the share of profit of Hiten.
a. Rs. 6530
b. Rs. 6840
c. Rs. 6280
d. Rs. 7480
e. None
Answer: b
Explanation:
19. Arjun and Krishna start a business together with an amount of Rs. 1500 and Rs. 1800 respectively. After 3 months, Karna replaces Arjun with an investment equal to x% of Arjun’s initial investment. After a year, Karna received Rs. 2400 as profit out of a total profit of Rs. 8200. Find the value of x.
a. 80
b. 75
c. 70
d. 60
e. 50
Answer:
Explanation:
20. Arpit, Sheetal and Arti start a beauty parlor together by investing a total amount of 1,20,000. The sum invested by Arpit is Rs. 10,000 more than that of Sheetal and the sum invested by Sheetal is Rs. 16,000 more than that of Arti. If the share of Arti in total profit at the end of a year is Rs. 7800, what is the total profit in the business?
a. Rs. 36000
b. Rs. 40000
c. Rs. 32000
d. Rs. 60000
e. None of these
Answer: a
Explanation:
Let Arti’s investment = Rs. a
Investment of Sheetal = a + 16000
Investment of Arpit = a + 16000 + 10000 = a + 26000
∴ Sum of their investments
a + (a + 16000) + (a + 26000) = 1,20,000
⇒ 3a = 78,000
⇒ a = 26,000
∴ Ratio of their investments
= 52000 : 42000 : 26000
= 26 : 21 : 13
∴ Arti’s share in total profit
=13/60× Total prafit = 7800
Total prafit = 600 × 60 = Rs 36000
21. Ram, Rahul and Rohit started a business with a total investment of Rs. 720,000. Ram invested Rs. 60,000 more than Rahul’s. Rahul invested Rs. 30,000 less than Rohit. If the total profit at the end of year is Rs. 86400, then find Rahul’s share in profit.
a. Rs. 52200
b. Rs. 22200
c. Rs. 25200
d. Rs. 42300
e. Rs. 32400
Answer: c
Explanation:
Let Rohit’s investment be Rs. X
Rahul’s investment = Rs. (X – 30000)
Ram’s investment = X – 30000 + 60000= X + 30000
Total investment = X + X – 30000 + X + 30000 = 720000
⇒ X = 240000
Ratio of investment = 9 : 7 : 8
Rahul share = 7/24 × 86400 = Rs. 25200
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Partnership Aptitude Questions and Answers – MCQ Quiz
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Partnership Problems Tricks
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