Partnership : Aptitude Questions and Answers

Q11. A, B and 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 ?

A. Rs. 55

B. Rs. 50

C. Rs. 45

D. Rs. 60

SHOW ANSWER
Correct Answer : Rs. 45


Q12. A, B, C enter into a partnership investing Rs. 35,000, Rs. 45,000 and Rs. 55,000 respectively. The respective shares of A, B, C in an annual profit of Rs. 40,500 are :

A. Rs. 10,500, Rs. 13,500, Rs. 16,500

B. Rs. 11,000, Rs. 14,000, Rs. 15,500

C. Rs. 11,500, Rs. 13,000, Rs. 16,000

D. Rs. 11,500, Rs. 12,500, Rs. 16,500

SHOW ANSWER
Correct Answer : Rs. 10,500, Rs. 13,500, Rs. 16,500


Q13. 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. 1,57,300 was their profit, how much amount did B receive ?

A. Rs. 72,600

B. Rs. 24,200

C. Rs. 36,300

D. Rs. 48,400

SHOW ANSWER
Correct Answer : Rs. 48,400


Q14. 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 ?

A. Rs. 7500

B. Rs. 9000

C. Rs. 8000

D. Rs. 8500

SHOW ANSWER
Correct Answer : Rs. 9000


Q15. 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 ?

A. 6 months

B. 5 months

C. 8 months

D. 4 months

SHOW ANSWER
Correct Answer : 8 months


Q16. 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 ?

A. 20 : 35 : 64

B. 38 : 28 : 21

C. 28 : 49 : 64

D. 5 : 7 : 8

SHOW ANSWER
Correct Answer : 20 : 35 : 64


Q17. P and Q started a business investing Rs. 85,000 and Rs. 15,000 respectively. In what ratio the profit earned after 2 years be divided between P and Q respectively ?

A. 3 : 5

B. 15 : 23

C. 17 : 3

D. 3 : 4

SHOW ANSWER
Correct Answer : 17 : 3


Q18. A and B start a business with investments of Rs. 5000 and Rs., 4500 respectively. After 4 months, A takes out half of his capital. After two more months, B takes out one-third of his capital while C joins them with a capital of Rs. 7000. At the end of a year, they earn a profit of Rs. 5080. Find the share of each member in the profit.

A. A – Rs. 1800, B – Rs. 1500, C – Rs. 1780

B. A – Rs. 1400, B – Rs. 1900, C – Rs. 1780

C. A – Rs. 1600, B – Rs. 1800, C – Rs. 1680

D. A – Rs. 1680, B – Rs. 1600, C – Rs. 1800

SHOW ANSWER
Correct Answer : A – Rs. 1600, B – Rs. 1800, C – Rs. 1680


Q19. 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 the total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business ?

A. Rs. 9500

B. Rs. 7500

C. Rs. 9000

D. Rs. 10,000

SHOW ANSWER
Correct Answer : Rs. 7500


Q20. A and B are partners in a business. A contributes \fn_phv \mathbf{\frac{1}{4}} of the capital for 15 months and B received \fn_phv \mathbf{\frac{2}{3}} of the profit. For how long B’s money was used ?

A. 1 year

B. 10 months

C. 6 months

D. 9 months

SHOW ANSWER
Correct Answer : 10 months


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