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Quant Quiz On Partnership Day 18 Bag

Quant Quiz On Partnership Day 18 Bag


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  • Three friends A, B, C invested in a business in the ratio of 4:5:6. After 6 months C withdraw half of his capital. If the sum invested by A is 36000, then the profit earned by C out of the total profit of 60000.
    1.20000
    2.30000
    3.40000
    4.50000
    5.None of these

    Answer & Explanation
    Answer – 2.30000
    Explanation :
    sum invested by A = 4x = 36000.
    X = 9000
    Investment made by A, B , C – 36000, 45000, 54000
    Ratio in which the profit will divide- 36000*12 : 45000*2 : 54000*6 + 27000*6
    i.e 4:5:9. So C share = (9/18)*60000 = 30000
  • Two persons A and B invested in a business with 115000 and 75000 rupees respectively. They agree that 40% of the profit should be divided equally among them and rest is divided between them according to their investment. If A got 500 rupee more than B, then the total profit is.
    1.3599.34
    2.3699.34
    3.3958.34
    4.3999.34
    5.None of these

    Answer & Explanation
    Answer – 3.3958.34
    Explanation :
    Ratio in which the profit will divide – 23:15. Let the profit be P
    now, [(23/38) – (15/38)]*(60/100)*P = 500
    P = 3958.34
  •  P, Q, R invested in the ratio of 6:5:7. After the end of business term they receive the profit in the ratio 3:1:5. Find the ratio of time in which they invested in the business.
    1.34:14:50
    2.35:14:50
    3.35:50:14
    4.14:35:50
    5.None of these

    Answer & Explanation
    Answer – 2.35:14:50
    Explanation :
    Take time as t1, t2 and t3
    (6*t1/5*t2) = 3/1, u will get t1/t2 = 5:2
    Similarly, (5*t2/7*t3) = 1/5, u will get t2/t3 = 7/25
  • Three persons enter into a partnership by investing in the ratio of 4:5:8. After one year A invest more 4300 and B withdraws 3200. Now, the ratio of investment changes to 5:4:7. Approximately how much A invested initially.
    1.14555
    2.14655
    3.14755
    4.14855
    5.None of these

    Answer & Explanation
    Answer – 3.14755
    Explanation :
    after one year – 4x+4300 : 5x-3200 : 8x
    so, to find X – (4x+4300)/(5x-3200) = 5/4
    so investment made by A = (33200/9)*4 = 14755.55
  • A and B invested rupees 4000 and 5000 respectively in a business. A being an active partner will get rupee 50 every month extra for running the business. In a year if A receive a total of 800 rupee, then what will B get from the business.
    1.250
    2.200
    3.300
    4.400
    5.None of these

    Answer & Explanation
    Answer – 1.250
    Explanation :
    Ratio in which the profit will divide – 4:5.
    A will get 50*12 = 600 rupees extra, so from business A got 200 rupees.
    i.e (4/9)*P = 200, P = 450. So B will get 450 – 200 = 250 rupees
  • A and B invested in a business in which A invest 250 rupee more than B. B invested for 6 months while A invested for 4 months. If A get 200 more than B out of a total profit of 1000. Then the total amount invested in the business.
    1.550
    2.650
    3.750
    4.850
    5.None of these

    Answer & Explanation
    Answer – 2.650
    Explanation :
    Let B invest ‘x’ rupees so A will invest (x+250)
    Total investment made by A = (x+250)*4 and by B = 6x
    According to the problem- [[4(x+250) – 6x]/(1000+ 10x)]*1000 = 200.
    X = 200. Total investment = 200+250+200 = 650
  • Three partners P, Q and R invest a total sum of 240000. At the end of the year A get 15000 rupee, B get 20000 and C get 25000 rupees as profit. How much amount is invested by A and C together.
    1.10000
    2.13000
    3.16000
    4.18000
    5.None of these

    Answer & Explanation
    Answer – 3.16000
    Explanation :
    Ratio in which they get profit – 3:4:5
    So total amount invested by A and C = (8/12)*24000 = 16000
  • A, B and C invested in a business with 40000, 50000 and 60000 rupees respectively. After one year A withdraw 10000 and C invest 5000. After another one year B invest 15000 more and A deposit 5000 more. At the end of 3 years, profit between A, B and C are distributed in the ratio.
    1.21:33:34
    2.21:33:38
    3.21:38:33
    4.33:34:38
    5.None of these

    Answer & Explanation
    Answer – 2.21:33:38
    Explanation :
    Investment made by A, B and C are 40000, 50000, 60000 initially.
    In second year – 30000, 50000, 65000
    In third year – 35000, 65000, 65000
    So final ratio – 105000: 165000: 190000. i.e 21:33:38
  • Two persons A and B invested in a business with capital 5000 and 6000 respectively. After 3 months both A and B invests 5000 more. After 3 more months C joins the business with a capital of 10000 rupees.  The share of B exceeds C by how much, if the total profit earned is 47000.
    1.8500
    2.6500
    3.9500
    4.7500
    5.None of these

    Answer & Explanation
    Answer – 3.9500
    Explanation :
    A             B                C
    5000        6000
    After 3 months)                 10000        11000
    After 6 months)                                                     10000
    Ratio in which profit is distributed – 35:39:20
    B exceed C by (19/94)*47000 = 9500
  • Rahul got 5000 as his share out of the total profit of 9000. Ramesh had invested 3000 rupees for 6 months while rahul invested for the whole year. Find the amount invested by Rahul.
    1.1875
    2.1975
    3.2125
    4.2275
    5.None of these

    Answer & Explanation
    Answer – 1.1875
    Explanation :
    Amount invested by rahul  = P
    12P : 3000*6
    P:1500
    So Rahul share = [p/(1500+p)]*9000 = 5000
    P = 75*25 = 1875

 

  • 2 friends – A and B invested in a business by investing Rs 4000 and Rs 6000 respectively. After 8 months, A added Rs 400 more and B withdrew Rs 400. What is the profit of B from a total profit of Rs 14,250 after the end of a year? 
    A) Rs 8,090
    B) Rs 10,500
    C) Rs 9,500
    D) Rs 8,360
    E) Rs 7,850

    Answer & Explanation
    D) Rs 8,360
    Explanation: 

    A : B
    4000*8 + 4400*4 : 6000*8 + 5600*4
    31 : 44
    So B gets = (44/75) * 14,250
  • 2 friends – A and B invested in a business by investing Rs 10,000 and Rs 12,000 respectively. After 8 months, both took out Rs 2,000. What is the profit of B from a total profit of Rs 24,800 after the end of a year? 
    A) Rs 13,600
    B) Rs 12,600
    C) Rs 16,200
    D) Rs 13,800
    E) Rs 20,700

    Answer & Explanation
    A) Rs 13,600
    Explanation: 

    A : B
    10000*8 + 8000*4 : 12000*8 + 10000*4
    14 : 17
    So B gets = (17/31) * 24,800
  • 3 partners started a business. A, B and C invested Rs 5000, Rs 6000 and Rs 7000 respectively. After 4 months all invested the same amount as before for another 4 months. And then each of them invested Rs 1000 more. If after a year a total profit of Rs 46,500 is made, what is the profit of C? 
    A) Rs 20,000
    B) Rs 16,700
    C) Rs 17,050
    D) Rs 18,000
    E) Rs 18,500

    Answer & Explanation
    D) Rs 18,000
    Explanation: 

    5000*4 +10,000*4 + 11,000*4 : 6000*4 +12,000*4 + 13,000*4 : 7000*4 +14,000*4 + 15,000*4
    26 : 31 : 36
    So C gets = (36/93) * 46,500
  • The investment of A is twice as that of B and thrice as that of C. B invested for twice the months than A and thrice the months than C. Who will earn the highest profit? 
    A) A
    B) B
    C) C
    D) Cannot be determined
    E) None of these

    Answer & Explanation
    E) None of these
    Explanation: 

    If A invested Rs x, then B Rs (x/2) and C invests Rs (x/3).
    Let B invested for y months, then A for (y/2)months, and C for (y/3) months
    So ratio of profit shares-
    A : B : C
    x*(y/2) : (x/2)*(y) : (x/3)*(y/3)
    1/2 : 1/2 : 1/9 = 9 : 9 : 2
    Both A and B gets equal and highest profits.
  • Out of the total investment, A invested 1/4th , B invested 1/3rd of the remaining and C the remaining. B earned Rs 10,000 after a year. Find the yearly profit of all. 
    A) Rs 45,000
    B) Rs 40,000
    C) Rs 58,500
    D) Rs 49,600
    E) Rs 65,900

    Answer & Explanation
    B) Rs 40,000
    Explanation: 

    Let total investment = Rs x
    Then A’s = (1/4)*x
    Remaining = 3/4th of x
    So B’s investment = (1/3)*(3x/4) = x/4
    And C’s = x – (x/4 + x/4) = x/2
    so ratio of profits = x/4 : x/4 : x/2 = 1 : 1 : 2
    so 1/4 * x = 10,000
    x = 40,000
  • A and B invested Rs 20,000 and Rs 25,000 in a business for 1 year and 8 months respectively. A being a working partner earned 25/3% profit out of a total profit of Rs 60,000 and after this the profit was divided in the ratio of their investments. What is the share of B in the annual profit? 
    A) Rs 30,000
    B) Rs 26,000
    C) Rs 25,600
    D) Rs 27,800
    E) Rs 25,000

    Answer & Explanation
    E) Rs 25,000
    Explanation: 

    A’s share : B’s share
    20,000*12 : 25,000*8
    6 : 5
    A got its salary as = [(25/3)/100] * 60,000 = 5000
    Remaining profit = 60,000 – 5000 = 55,000
    So B gets = 5/11 * 55000
  • Out of a total profit of Rs 19,600, B received Rs 10,000 as his share. If A invested Rs 8,000 for 6 months while B invested his amount for 5 months, then what is the amount invested by B? 
    A) Rs 6,000
    B) Rs 8,500
    C) Rs 8,500
    D) Rs 10,000
    E) None of these

    Answer & Explanation
    D) Rs 10,000
    Explanation: 

    Profits ratio = 8000*6 : x*5 = 9600 : x
    So
    [x/(9600+x)] * 19,600 = 10,000
    Solve, x = 10,000
  • A, B and C received their profit shares in the raio 4 : 6 : 9 respectively. A and B received a total of Rs 60,000. What is the amount that C and A got together? 
    A) Rs 66,000
    B) Rs 90,000
    C) Rs 54,000
    D) Rs 78,000
    E) Rs 59,140

    Answer & Explanation
    D) Rs 78,000
    Explanation: 

    Their shares are 4x, 6x, 9x resp.
    4x + 6x = 60,000
    x = 6,000
    So C got 9*6000 = 54,000 and A got 4*6000 = 24000
    So total = 78,000
  • A, B and C start a business and their investments are in the ratio 4 : 3 : 6. Both A and B starts the business and C joins them after 6 months. It was decided that C will get a monthly salary of Rs 500 from the annual profits. C’s total salary came out to be 10% of the annual profit after a year. What is the share of A in the total profits?
    A) Rs 9,500
    B) Rs 11,500
    C) Rs 10,800
    D) Rs 10,000
    E) Rs 12,800

    Answer & Solution
    C) Rs 10,800 
    Explanation:
    After a year C gets salary = 500*6 = Rs 3,000 [Since C was for 6 months in the business with each month earning 500] So 10% of total profit after a year = 3,000
    Total profit = Rs 30,000
    A invested for 12 months, B for 12, and C for 6 months
    Ratio of profit shares =
    4*12 : 3*12 : 6*6 = 4 : 3 : 3
    Profit left after deducting salary of C = 30,000 – 3,000 = 27,000
    So share of A = [4/(4+3+3)] * 27,000
  • A, B and C invested Rs 1000 for 8 months, Rs 1200 for 6 months and Rs 1500 for some months. Out of a total profit of Rs 5,675 as profit, A received Rs 2000. For how much months did C invested?
    A) 7
    B) 4
    C) 5
    D) 6
    E) None of these

    Answer & Explanation
    C) 5
    Explanation: 

    1000*8 : 1200*6 : 1500*x
    80 : 72 : 15x
    So 80/(80+72+15x) * 5675 = 2000
    Solve, x = 5

 

  • P, Q and R invested some amount to start a business. P invest 500 for 12 months, Q invest 600 for some months and R invested 540 more than 2 months invested by Q.At the end of the year total profit earned is Rs.2200 while Q received Rs.480 then Q invested foe how many months ?
    A.7 months
    B.9months
    C.10 months
    D.8 months
    E.None of these

    Answer & Explanation
    Answer – D.8 months
    Explanation :
    500*12 : 600*x : 540*x+2
    500*12 : 600*8 : 540*10
    6000:4800:5400 = 60:48:54 = 10:6:9
    Q = 2000*6/25 = 480
  • A, B, C start a business. A contributes 1/5 of total capital invested in business. B contributes as much as A and C together. Total profit at the end of the year was Rs.7200.What was B’s Share in the profit ?
    A.Rs.4200
    B.Rs.2400
    C.Rs.3600
    D.Rs.2700
    E.None of these

    Answer & Explanation
    Answer – C.Rs.3600
    Explanation :
    A = x/5
    Remaining = 4x/5 = B+C
    B = x/2 ,C = 4x/5 –x/2 =3x/10
    x/5 : x/2 : 3x/10 = 2:5:3
    P = 7200*5/10 = 3600
  • Prabu, Hari and Riya started a business in partnership by investing Rs.38500, Rs.49500 and X respectively. At the end of the year they earned a total profit of Rs.101500 and Riya’s share in the profit is 45500 find X ?
    A.Rs.71500
    B.Rs.50200
    C.Rs.40000
    D.Rs.75000
    E.None of these

    Answer & Explanation
    Answer – A.Rs.71500
    Explanation :
    X = 71500
    38500*12:49500*12 : x*12 = 7:9:12x = 7:9:13
    Profit = 101500*13/29 = 45500
  • Vinay started a business by investing Rs. 32000.After 2 months Vardhan joined him with some investments. At the end of the year the total profit was divided in the ratio 8:5.How much capital was invested by Vardhan ?
    A.Rs.30,000
    B.Rs.28,000
    C.Rs.19,000
    D.Rs.24,000
    E.None of these

    Answer & Explanation
    Answer – D.Rs.24,000
    Explanation :
    32000*12/x*10 = 8/5
    19,20,000 = 80x
    X = 1920000/80 = 24,000
  • A Company makes a profit of Rs.7,60,000, 20% of which is paid as taxes. If the rest is divided among the partners X, Y and Z in the ratio 5:3:4 then the share of X is
    A.Rs.1,40,000
    B.Rs.1,52,000
    C.Rs.1,20,000
    D.Rs.2,00,000
    E.None of these

    Answer & Explanation
    Answer – B.Rs.1,52,000
    Explanation :
    20% = 760000*20/100 = 152000
    Remaining = Rs.6,08,000
    X = 6,08,000*3/12 = 1,52,000
  • Rs.9750 are divided among K,L and M so that K may receive one half as much as L and M together receive and L receive one fifth of what K and M together receive.How much did M recieve
    A.4875
    B.2760
    C.3505
    D.3875
    E.None of these

    Answer & Explanation
    Answer – A.4875
    Explanation :
    K =L+M/2
    L = K+M/4
    2:1:3 = 9750*3/6 = 4875
  • Sahir started   a software business by investing Rs. 30,000 . After six months , Nikil Joined him with a capital of Rs. 50,000 . After 2 years , they earned a profit of Rs . 22,500 . What was Sahir’s share in the profit ?
    A.Rs.10,800
    B.Rs.9,700
    C.Rs.11,500
    D.Rs.10,000
    E.None of these

    Answer & Explanation
    Answer – D.Rs.10,000
    Explanation :
    30,000*4 : 50,000*3 = 12:15 = 4:5
    Sahir = 22500*4/9 = 10000
  • In a business Ishu invested 4 times that of Kathir and the period of investment of Ishu is 1/2 times that of Kathir.Then their profit ratio is:
    A.1:2
    B.2:1
    C.3:1
    D.2:3
    E.None of these

    Answer & Explanation
    Answer – B.2:1
    Explanation :
    4:1
    ½ :1 => 1:2
    Ratio of profit = 4:2 = 2:1
  • In a partnership, A invests 1 / 2 of the capital for 1 / 3 of the time, B invests 1 / 4 of the capital for 1 / 3 of the time and C invests for 1/5 for 1/4 of the time. Out of the profit of Rs. 17622 at the end of a year, find A’s share in the profit.
    A.Rs.9790
    B.Rs.8760
    C.Rs.1080
    D.Rs.7650
    E.None of these

    Answer & Explanation
    Answer – A.Rs.9790
    Explanation :
    (1 / 2 × 1 / 3) : (1 / 4 × 1 / 3) : ( 1 / 5 × 1 / 4)
    (1 / 6) : (1 / 12) : (1 / 20) = (10 / 60) : (5 / 60) : (3 / 60)
    10 : 5 : 3
    A’s profit = 17622*10/18 = Rs.9790
  • M start a business with Rs.26000 after 3 months N joined with Rs.16000. After some more months K joined with Rs.25000. At the end of the year they earned a total profit of Rs. 17000 and K gets Rs.4208 as his share.After how many months K joined the business after N ?  
    A.3
    B.4
    C.5
    D.2
    E.None of these

    Answer & Explanation
    Answer – A.3
    Explanation :
    26000*12 : 16000*9 : 25000*6
    312:144:150 = 156 : 72 : 75
    K’s share = 17000* 75/303 = 4208
    9-6 = 3

 

  • A and B starts a business and invests Rs. 20,000 and Rs. 30,000 respectively. B is an active partner and he gets 25% of the profit separately. If their business yields them a total of Rs. 30,000 as profit, what is the share of B at the end of a year? 
    A) Rs 18,000
    B) Rs 13,500
    C) Rs 11,500
    D) Rs 21,000
    E) None of these

    Answer & Explanation
    D) Rs 21,000
    Explanation: 

    Ratio in which they get profits is 20,000 : 30,000 = 2 : 3
    B gets 25% of 30,000 = 7,500
    Profit left which is to be divided in ratio 2 : 3 = 30,000 – 7,500 = 22,500
    Now B gets [3/(2+3)] * 22,500 = 13,500
    So total share of B = 7500+13500
  • In a business A and C invested amounts in the ratio 3:2, whereas A and B invested amounts in the ratio 4:1. If the total profit at the end of a year is Rs 35,650, find the share of A. 
    A) Rs 18,600
    B) Rs 12,600
    C) Rs 16,200
    D) Rs 13,600
    E) Rs 20,700

    Answer & Explanation
    A) Rs 18,600
    Explanation: 

    B/A = 1/4, A/C = 3/2
    So B : A : C = 1*3 : 4*3 : 4*2 = 3 : 12 : 8
    Share of A = [12/(3+12+8)] * 35,650
  • 3 partners started a business. The capital invested by B was two-third that of A and also it was thrice the investment of C. Find the share of B out of a total profit of Rs 3,33,200. 
    A) Rs 1,02,200
    B) Rs 2,05,600
    C) Rs 67,300
    D) Rs 1,17,600
    E) Rs 1,27,600

    Answer & Explanation
    D) Rs 1,17,600
    Explanation: 

    Let investment of B = Rs x, then of A = (3/2)*x, and of C = (1/3)*x
    So their profit sharing ratio A : B : C =
    (3/2)*x : x : (1/3)*x = 9 : 6 : 2
    Share of B = [6/(9+6+2)] * 333,200
  • A starts a business with Rs 20,000 and after 4 months B also joins with some capital. After a year, the profit is divided between them in the ratio 5 : 3. How much did B invested? 
    A) Rs 12,000
    B) Rs 18,000
    C) Rs 15,050
    D) Rs 12,750
    E) Rs 15,800

    Answer & Explanation
    B) Rs 18,000
    Explanation: 

    Let B invests Rs x, then ratio of their profits
    20000*12 : x*8 = 30,000 : x
    So 30,000/x = 5/3
    Solve, x = 18,000
  • A, B and C enter into a partnership in the ratio 2 : 3 : 5 . After 2 months, A increases his share 20% and B by 10%. If the total profit at the end of one year is Rs 1,90,500, what is the share of C at the end of year? 
    A) Rs 45,000
    B) Rs 90,000
    C) Rs 58,500
    D) Rs 79,600
    E) Rs 65,900

    Answer & Explanation
    B) Rs 90,000
    Explanation: 

    Let amounts invested be 2x, 3x, 5x resp.
    Then ratio of profits =
    A : B : C
    2x*2 + (120/100)*2x*10 : 3x*2 + (110/100)*3x*10 : 5x*12
    28x : 39x : 60x
    C’s share = [60/(28+39+60)] * 190500
  • A puts Rs 50 and B puts Rs 45 in a game. At the end of 4 months, A withdrew half of his money and at the end of 6 months B also withdrew half of his money. Now C also wants to play and puts Rs 70 and remains until the end of year. In what ratio the profit will be divided among them? 
    A) 91 : 60 : 85
    B) 61 : 81 : 72
    C) 65 : 80 : 74
    D) 84 : 80 : 81
    E) None of these

    Answer & Explanation
    E) None of these
    Explanation: 

    A’s share : B’s share : C’s share
    50*4 + (50/2) * 8 : 45*6 + (45/2) * 6 : 70*6
    80 : 81 : 84
  • A and B started a business by investing Rs 8,000 and Rs 9,000 respectively. After 4 months A withdrew Rs 400 and B added Rs 400 more. What is the share of B from the profit of Rs 10,200? 
    A) Rs 5460
    B) Rs 5480
    C) Rs 5560
    D) Rs 4460
    E) Rs 4640

    Answer & Solution
    C) Rs 5560 
    Explanation:
    8000*4 + 7600*8 : 9000*4 + 9400*8
    116 : 139
    Share of B = 139/(116+139) * 10200 = 5560
  • Out of a total profit of Rs 12,000, A received Rs 8000 as his share. If A invested Rs 20000 for 6 months while B invested his amount for the whole year, then find the amount that B invested. 
    A) Rs 6,000
    B) Rs 7,000
    C) Rs 6,500
    D) Rs 5,000
    E) None of these

    Answer & Explanation
    D) Rs 5,000
    Explanation: 

    Profits ratio = 8000 : 4000 = 2 : 1
    So
    20,000*6 : x*12 = 2 : 1
    10000/x = 2/1
    x = 5,000
  • The profit received at the end of a year is divided among A, B and C in the ratio 5:4:7 respectively. The share of A is Rs 2300 more than that of B. What is the amount that C got? 
    A) Rs 26,100
    B) Rs 16,800
    C) Rs 14,100
    D) Rs 16,100
    E) Rs 19,140

    Answer & Explanation
    D) Rs 16,100
    Explanation: 

    Their shares are 5x, 4x, 7x resp.
    5x – 4x = 2300
    x = 2300
    So C got 7*2300
  • In a business, A in invests 1/4th of the total capital for 1/4th of the time. B invests 1/5th of the total capital for half of the time and C invests the remaining capital for the whole time. What is the share of C in the total profit of Rs 7410? 
    A) Rs 5100
    B) Rs 4170
    C) Rs 5720
    D) Rs 2100
    E) None of these

    Answer & Explanation
    C) Rs 5720
    Explanation: 

    Let the whole time is 1. then A invests for 1/4, B invests for 1/2 and C for whole 1.
    Contribution of C = 1 – (1/4 + 1/5) = 11/20
    So A’s share : B’s share : C’s share
    1/4 * 1/4 : 1/5 * 1/2 : 11/20 * 1
    1/16 : 1/10 : 11/20
    5 : 8 : 44
    Share of C in profit = 44/(5+8+44) * 7410 = 5720

 

 

 

 

 

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