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- Question
Arun and Varun started business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, Akhil joined them with Rs. 20,000. What will be Varun's share in the total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business ?
Options- A. Rs. 7500
- B. Rs. 4520
- C. Rs. 8750
- D. Rs. 6350
- Correct Answer
- Rs. 7500
ExplanationArun : Varun : Akhil = (20000 x 24) : (15000 x 24) : (20000 x 18) = 4:3:3
B's share = 25000 x 3/10 = Rs. 7500.
- 1. A began a business with Rs. 85000. He was joined afterwards by B with Rs. 42,500. For how much perod does B join, if the profits at the end of the year are divided in the ratio of 3:1 ?
Options- A. 8 months
- B. 6 months
- C. 7 months
- D. 9 months Discuss
- 2. Rs.1500 is divided into two parts such that if one part is invested at 6% and the other at 5% the whole annual interest from both the sum is Rs.85. How much was lent at 5% ?
Options- A. 500
- B. 600
- C. 450
- D. 550 Discuss
- 3. A and B started a business after investing Rs. 12,000 and Rs. 14,400 respectively. At the end of the year B gets 12% of the total profit as management fees and the rest amount is distributed between both the partners in the ratio of their investments. If total annual profit is Rs. 7,500, then find the difference between their profits.
Options- A. Rs. 1250
- B. Rs. 600
- C. Rs. 900
- D. Rs. 1500 Discuss
- 4. Rs 60500 is divided among A, B and C such that A receives 2/9 as much as B and C together and B receives 3/7 of as much as A and C together. What is the share of C (in Rs)?
Options- A. 29850
- B. 30120
- C. 31350
- D. 37250 Discuss
- 5. Munna and Chinna are partners in a firm out of which Munna is sleeping partner and Chinna is working partner. Munna invests Rs. 1,40,000 and Chinna invests Rs. 80,000. Chinna receives 14.5% of profit for managing the business and the rest is shared between both in ratio of their investments. Munna's share in the profit of Rs. 19600 is ?
Options- A. Rs. 9580.25
- B. Rs. 10600
- C. Rs. 10664.15
- D. Rs. 11060.48 Discuss
- 6. 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.
Options- A. 7 months
- B. 8 months
- C. 3 months
- D. 4 months Discuss
- 7. 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 ?
Options- A. 12,421
- B. 9,423
- C. 11,600
- D. 10,500 Discuss
- 8. Three friends, P, Q and R started a partnership business investing money in the ratio of 5 : 4 : 2 respectively for a period of 3 years. What is the amount received by P as his share in the total profit ? a. Total amount invested in the business in Rs. 22,000. b. Profit earned at the end of 3 years is 3/8 of the total investment. c. The average amount of profit earned per year is Rs. 2750.
Options- A. Only c is sufficient
- B. Both a & b are sufficient
- C. Both A & B gives result
- D. None Discuss
- 9. Divide Rs.118000 among three persons A, B and C such that the ratio of the shares of A and B is 3:4 and that of B:C is 5:6 ?
Options- A. A = 48000 B = 40000 C = 30000
- B. A = 30000 B = 40000 C = 48000
- C. A = 30000 B = 48000 C = 40000
- D. A = 40000 B = 48000 C = 30000 Discuss
- 10. K and L start a business jointly. L invests Rs.16000 for 8 months and L remains in the business for 4 months. Out of the total profit B claims 2/7th share. How much money is contributed by B ?
Options- A. Rs. 9040
- B. Rs. 10,400
- C. Rs. 12,800
- D. Rs. 6350 Discuss
Partnership problems
Search Results
Correct Answer: 8 months
Explanation:
Suppose B joined for x months.
Given profit is divided in the ratio 3:1. Then,
--> x = 8 months.
Correct Answer: 500
Explanation:
Let the lent at 5% be 'A'
(A x 5 x 1)/100 + [(1500 - A)x 6 x 1]/100 = 85
5A/100 + 90 ? 6A/100 = 85
A/100 = 5
=> A = 500
Correct Answer: Rs. 1500
Correct Answer: 31350
Correct Answer: Rs. 10664.15
Explanation:
Profit received by Chinna as working partner = 14.5% of Rs. 19600
= 14.5x19600/100 = Rs. 2842
Balance in profit = 19600-2842 = Rs. 16758
Ratio of investment of Chinna & Munna = 80,000 : 1,40,000 = 4 : 7
Hence share of Chinna in investment = 4x16758/100 = Rs. 6093.85
Therefore, Share of Munna = 19600 - 2842 - 6093.85 = Rs. 10664.15
Correct Answer: 4 months
Explanation:
we can assume that Amar join into business after x months. So Amar money was invest into (12 ? x ) months.
--> 912000 = 114000 ( 12 ? x ) = 114 ( 12 ? x ) = 912
--> x = 4
After 4 months amar join the business.
Correct Answer: 10,500
Explanation:
The ratio of their investments:
50000x36 : 80000x30 = 3 : 4
Simran's share of profit = (24500x3/7) = Rs.10,500.
Correct Answer: Both A & B gives result
Explanation:
a and b give, profit after 3 years = Rs.(3/8 x 22000) = Rs.8250.
From c also, profit after 3 years = Rs. (2750 x 3) = Rs. 8250.
? P's share = Rs.(8250 x 5/11) = Rs. 3750.
Thus, (either C is redundant) or (a and b are redundant).
Correct Answer: A = 30000 B = 40000 C = 48000
Explanation:
Compound ratio of A:B:C
A:B = 3:4
B:C = 5:6
----------
A:B:C = 15:20:24
We can divide Rs.118000 in this ratio.
Share of A = 15/59 x 118000 = 30000
Share of B = 20/59 x 118000 = 40000
Share of C = 24/59 x 118000 = 48000
Correct Answer: Rs. 12,800
Explanation:
16x8 : Px4 = 5:2
P = 12.8 => Rs.12,800
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