Quantitative Aptitude: Partnership Quiz
Q1. A and B two friends enter into a partnership with the initial investments Rs.15400 and Rs.19250 respectively. After 4 months B withdraws Rs 7700. If total profit after a year is Rs 11500, then find profit share of A
(a) Rs.8,000
(b) Rs.6,000
(c) Rs.4,500
(d) Rs.5,400
(e) Rs.6,400
Q2. Rishabh and Arjun are two business partners. They invest their capital in the ratio 7: 9. After 6 months, a third person jay joins them with a capital of two third of that of Arjun. After a year, the profit share of Rishabh was Rs 5600 then find total profit.
(a) Rs 15,200
(b) Rs 12,500
(c) Rs 16,400
(d) Rs 30,400
(e) Rs 24,600
Q3. Reema and Sima are two friends working in an insurance company get their monthly salaries in the ratio of 4: 5. After 4 months, Reema promotion and her salary increase by 25% after a year, if the total salary obtained by them in a year is Rs 174,000 then find monthly salary of Sima before the increment.
(a) Rs.7,200
(b) Rs.8,400
(c) Rs.7,500
(d) Rs.6,400
(e) Rs.7,000
Q4. P and Q enter into a business by investing their capitals Rs 1200 and Rs 1600. Q being an active partner gets 10% of total profit as his salary and rest salary divided in the ratio of their investment. If profit share of P is Rs 540 then find total profit of the business.
(a) Rs.1,000
(b) Rs.1,200
(c) Rs.1,680
(d) Rs.1,400
(e) Rs.2,400
Q5. Sheetal and Sakshi two working employee of Add 247 got salaries per month Rs 24000 and Rs 32000 respectively. Both invest 50% and 40% of their salaries in mutual funds and after a year they got a total profit from their investment as Rs 12400, then find the profit of Sakshi obtained from mutual funds.
(a) Rs.5400
(b) Rs.7200
(c) Rs.9600
(d) Rs.6400
(e) Rs.8400
Q6. A and B enter into a partnership with Rs. 50,000 and Rs. 60,000 respectively. C joins x months before the end of the year, contributing Rs. 70,000 and B leave them after x months from the start of the year. If they share the annual profit in the ratio of 20: 18: 21, then find the value of x.
(a) 6 months
(b) 3 months
(c) 9 months
(d) 8 months
(e)10 months
Q7. A, B and C enter into a partnership by investing Rs. 1,600, Rs. 3,600 and Rs. 4,800. A is a working partner and gets a fifth of the profit for his services and remaining profit is divided amongst the three in their ratio. What is the sum of the profit of B and C get if A gets Rs 5330?
(a) Rs. 13,923
(b) Rs. 10,920
(c) Rs. 14,940
(d) Rs. 10,993
(e) Rs. 11,993
Q8. X and Y enter into a partnership and invested Rs. 900 and Rs. 700 respectively. If they split half of the profit equally for their efforts and the balance in the ratio of their investments and X got Rs. 47 more than Y. what was the profit made by the company?
(a) Rs. 376
(b) Rs. 652
(c) Rs. 752
(d) Rs. 954
(e) Rs. 854
Q9. P being a working partner gets 10% of the profit as salary, the remaining is shared between P, Q, R in the ratio 2 : 3: 4, If P gets Rs. 300000, find the share of Q.
(a) Rs.200,000
(b) Rs.300,000
(c) Rs.400,000
(d) Rs.500,000
(e) Rs.550,000
Q10. A started a business with the capital of Rs. 10000 Four months later B joined as a partner with a capital of Rs. 5000. What is the share of A out of the total profit of Rs. 2000 at the end of the year.
(a) Rs. 500
(b) Rs. 1,200
(c) Rs. 1,500
(d) Rs. 800
(e) Rs. 850