In competitive examinations such as SSC/Bank/Railway etc, Partnership Topic is included in the Quantitative Aptitude section. Here, on this page we have provided 22+ Partnership Questions and Answers for those individuals who are preparing for these exams.
Partnership Question with their explanation along with some practice questions are available here, so candidates must start their preparation from now onwards as examinations are going to be conducting in the upcoming days.
Partnership Questions Quick Tips and Tricks:
(1) Simple Partnership: Partners invest for same time.
Suppose P and Q invest Rs. x and Rs. y respectively for a year in a business, at the end of the year:
x : y = P’s share of profit : Q’s share of profit
(2) Compound Partnership: When partners invest for different time periods.
Suppose P and Q invest Rs. x for a months and Rs. y for b months respectively then,
Capital (amount) of P x Time period of P: Capital (amount) of Q x Time period of Q = P’s share of profit : Q’s share of profit
When n number of partners invests for different time periods T, then
A1T1: A2T2: A3T3 ……: AnTn = P1: P2: P3….: Pn
A is the amount, T is the time period and P is the profit earned.
Partnership Question With Solution
Question 1) A, B, C started a business with their investments in the ratio 1:3 :5. After 4 months, A invested the same amount as before and B as well as C withdrew half of their investments. The ratio of their profits at the end of the year is :
(A) 1 : 2 : 3
(B) 3 : 4 : 15
(C) 3 : 5 : 10
(D) 5 : 6 : 10
Answer 1) (D) 5 : 6 : 10
Let their initial investments be x, 3x and 5x respectively. Then,
A:B:C = (x*4+2x*8) : (3x*4+(3x/2)*8) : (5x*4+(5x/2)*8)
20x : 24x : 40x = 5 : 6 : 10
Question 2) A and B are partners in a business. A contributes 1/4 of the capital for 15 months and B received 2/3 of the profit. For how long B’s money was used ?
(A) 3 months
(B) 6 months
(C) 10 months
(D) 12 months
Answer 2) (C) 10 months
Let the total profit be Rs. z. Then,
B’s share = Rs. 2z/3, A’s share = Rs. ( z – 2z/3 ) = Rs. z/3.
A : B = z/3 : 2z/3 = 1:2
Let the total capital be Rs, X and suppose B’s money was used for x months. Then.
(1(x) / 4 * 15) / (3x) / 4 * y) = 1/2 <=> y = (15 * 2 / 3) = 10 .
Thus, B’s money was used for 10 months.
Question 3) A, B and C enter into a partnership and their shares are in the ratio 1/2 : 1/3 : 1/4. After 2 months, A withdraws half of his capital and after 10 months, a profit of Rs. 378 is divided among them. What is B’s share ?
Answer 3) (A) 144
Ratio of initial investments = 1/2 : 1/3 : 1/4 = 6 : 4 : 3.
Let their initial investments be 6x, 2x and 3x respectively.
A : B : C = (6x * 2 + 3x * 10) : (4x * 12) : (3x * 12) = 42 : 48 : 36 = 7 : 8 : 6.
B’s share = Rs. (378 * 8/21) = Rs. 144.
Get Here: Permutation Combination Questions
Question 4) A began a business with Rs. 85,000. He was joined afterwards by B with Ks. 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) 4 months
(B) 5 months
(C) 6 months
(D) 8 months
Answer 4) (D) 8 months
Suppose B joined for x months . Then, ( 85000 * 12 )/(42500 * x) = 3. or x = (85000 * 12) / (42500 * 3) = 8.
So, B joined for 8 months.
Question 5) If 4 (A’s capital) = 6 (B’s capital) = 10 (C’s capital), then out of a profit of Rs. 4650, C will receive ____
Answer 5) (C) Rs.900
Let 4A = 6B = 1OC = k. Then, A = k/4, B = k/6, and C =k/10 .
A : B :C = k/4 : k/6 : k/10 = 15 : 10 : 6.
Hence, C’s share (4650 * 6/31) = Rs, 900.
Question 6) 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 ?
(A) 11 : 13 : 15
(B) 11 : 13 : 17
(C) 12 : 17 : 18
(D) 12 : 15 :16
Answer 6) (D) 12 : 15 :16
Aman : Rakhi : Sagar = (70000 x 36) : (105000 x 30) : (140000 x 24) = 12 : 15 : 16.
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Question 7) A, B and C enter into a partnership with a capital in which A’s contribution is Rs. 10,000. If out of a total profit of Rs. 1000, A gets Rs. 500 and B gets Rs. 300, then C’s capital is :
Answer 7) (A) 4000
A : B : C = 500 : 300 : 200 = 5 : 3 : 2.
Let their capitals be 5x, 3x and 2x respectively.
Then, 5x = 10000
=> x = 2000.
C’s capital = 2x = Rs. 4000.
Question 8) A and B start a business, with A investing the total capital of Rs.50000, on the condition that B pays A interest @ 10% per annum on his half of the capital. A is a working partner and receives Rs.1500 per month from the total profit and any profit remaining is equally shared by both of them. At the end of the year, it was found that the income of A is twice that of B. Find the total profit for the year?
(A) Rs. 39000
(B) Rs. 49000
(C) Rs. 59000
(D) Rs. 69000
Answer 8) (C) Rs. 59000
Interest received by A from B = 10% of half of Rs.50000 = 10% of Rs. 25000 = Rs.2500.
Amount received by A per annum for being a working partner = 1500 x 12 = Rs.18000
Let ‘P’ be the part of the remaining profit that A receives as his share.
So, total income of A = (Rs.2500 + Rs.18000 + Rs. P )
Total income of B = only his share from the remaining profit = ‘P’, as A and B share the remaining profit equally.
We know that income of A = Twice the income of B
So, (2500 + 18000 + P ) = 2(P)
P = 20500
Thus, the total profit = 2P + Rs.18000
= 2(20500) + 18000 = Rs.59000.
Question 9) A and B started a business jointly A’s investment was thrice the investment of B and the period of his investment was two times the period of investment of B. If B received Rs. 4000 as profit, then their total profit is :
Answer 9) (B) 28000
Suppose B invested Rs. x for y months. Then, A invested Rs. 3x for 2y months.
So, A : B = (3x * 2y) : (x * y) = 6xy : xy = 6 : 1.
B’s profit : Total profit = 1 : 7.
Let the total profit be Rs. x Then, 1/7 = 4000/x or x = 28000.
Download PDF of: Number Series Question
Question 10) 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 ?
Answer 10) (B) 10500
Simran : Nanda = (50000 * 36) : (80000 * 30) = 3 : 4.
Simran’s share = Rs. ( 24500 * 3/7) = Rs. 10500.
Partnership Practice Questions
Question 1) A, B and C enter into a partnership. They invest Rs. 40,000, Rs. 80,000 and Rs. 1,20,000 respectively. At the end of the first year, B withdraws Rs. 40,000, while at the end of the second year, C withdraws Rs. 80,000. In what ratio will the profit be shared at the end of 3 years ?
(A) 2 : 3 : 5
(B) 3 : 4 : 7
(C) 5 : 6 : 4
(D) 1 : 3 : 5
Question 2) A and B began business with Rs.3000 and Rs.4000 after 8 months, A withdraws Rs.1000 and B advances Rs.1000 more. At the end of the year, their profits amounted to Rs.630 find the share of A ?
(A) Rs. 240
(B) Rs. 75
(C) Rs. 125
(D) Rs. 354
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Question 3) Reena and Shaloo are partners in a business, Reena invests Rs, 35,000 for 8 months and Shaloo invests Rs. 42,000 for 10 months, out of a profit of Rs. 31,570, Reena’s share is :
Question 4) 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. 8000
(C) Rs. 8500
(D) Rs. 9000
Question 5) A, B, C subscribe Rs. 50,000 for a business, A Subscribes Rs. 4000 more than B and B Rs. 5000 more thanC. Out of a total profit of Rs. 35,000, A receives :
Question 6) Sekar started a business investing Rs.25,000 in 1999. In 2000, he invested an additional amount of Rs. 10,000 and Rajeev joined him with an amount of Rs. 35,000. In 2001, Sekar invested another additional amount of Rs.10,000 and Jatin joined them with an amount of Rs.35,000. What will be Rajeev’s share in the profit of Rs.1,50,000 earned at the end of 3 years from the start of the business in 1999?
(A) Rs. 45,000
(B) Rs. 50,000
(C) Rs. 70,000
(D) Rs. 75,000
Solve Out: Discount Questions and Answers
Question 7) X and Y invested in a business. They earned some profit which they divided in the ratio of 2 : 3. If X invested Rs. 40,000, the amount invested by Y is :
Question 8) A, B, C hired a car for Rs. 520 and used it for 7, 8 and 11 hours respectively. Hire charges paid by B were :
Question 9) 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 ?
Question 10) 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 is :
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Question 11) Rs.1200 divided among P, Q and R. P gets half of the total amount received by Q and R. Q gets one-third of the total amount received by P and R. Find the amount received by R ?
(A) Rs. 1100
(B) Rs. 500
(C) Rs. 1200
(D) Rs. 700
Question 12) P and Q started a business investing Rs, 85,000 and Rs. 15,000 respectively. In what ratio the profit named after 2 years bo divided between P and Q respectively ?
Question 13) A, B and C enter into a partnership and their shares are in the ratio 1/2 : 1/3 : 1/4. After 2 months, A withdraws half of his capital and after 10 months, a profit of Rs. 378 is divided among them. What is B’s share ?
Question 14) Three partners shared the profit in a business in the ratio 4:6:8. They had partnered for 12 months, 8 months and 6 months respectively. What was the ratio of their investments?
Solve Out: Problem on HCF and LCM
Question 15) Ram and Raj start a business with investments of Rs. 2500 and Rs. 2250 respectively. After 2 months, Ram takes out Rs.1250 from his capital. After 1 more month, Raj takes out Rs.750 of his capital while Rakesh joins them with a capital of Rs. 3500. At the end of 6 months, they earn a profit of Rs. 2540. Which of the following is the share of each member in the profit?
(A) Ram – Rs. 800, Raj – Rs. 900, Rakesh – Rs. 840
(B) Ram – Rs. 900, Raj – Rs. 800, Rakesh – Rs. 840
(C) Ram – Rs. 840, Raj – Rs. 920, Rakesh – Rs. 840
(D) Ram – Rs. 800, Raj – Rs. 900, Rakesh – Rs. 940
Question 16) A and B entered into a partnership investing Rs. 13,000 and Rs. 12,000 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. 21,000, The share of B exceeds that of C, out of a total profit of Rs. 26,400 after one year by
Question 17) Madhu started a business and he invested in 76000, After some month, Amar came to join with him and invest 57000.The end of the year the total profit was divided among them into ratio form 2 : 1.Find after how many months Amar join.
(A) 7 months
(B) 8 months
(C) 3 months
(D) 4 months
Question 18) Karan started a business investing Rs 29000. After five months, Satish joined with a capital of Rs 18000. If at the end of the year, they earn a profit of Rs. 16970, then what will be the share of Satish in the profit ?
(A) Rs. 5422
(B) Rs. 5489
(C) Rs. 4511
(D) Rs. 6145
Question 19) 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
(A) Rs 200
(B) Rs 300
(C) Rs 400
(D) Rs 500
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Question 20) A, B, C and D enter into partnership. A subscribes 1/3 of the capital B 1/4, C 1/5 and D the rest. How much share did A get in a profit of Rs.2490 ?
(A) Rs. 820
(B) Rs. 830
(C) Rs. 840
(D) Rs. 850
|Ans1) (B)||Ans11) (B)|
|Ans2) (A)||Ans12) (B)|
|Ans3) (A)||Ans13) (A)|
|Ans4) (D)||Ans14) (D)|
|Ans5) (A)||Ans15) (A)|
|Ans6) (B)||Ans16) (B)|
|Ans7) (C)||Ans17) (D)|
|Ans8) (B)||Ans18) (C)|
|Ans9) (A)||Ans19) (C)|
|Ans10) (A)||Ans20) (B)|
Partnership Questions and Answers with solutions as well as practice questions both are available on this page of recruitmentresult.com So, go through these given preparation material to get good marks.
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