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- Question
k, l, m together started a business. k invested Rs.6000 for 5 months l invested Rs.3600 for 6 months and m Rs.7500 for 3 months. If they get a total profit of Rs.7410. Find the share of l ?
Options- A. Rs. 1640
- B. Rs. 2500
- C. Rs. 2160
- D. Rs. 3000
- Correct Answer
- Rs. 2160
Explanation=> 60x5 : 36x6 : 75x3
=> 100 : 72 : 75
=> 72/247 x 7410 = Rs. 2160
- 1. Vishal and Raghu jointly started a business. Vishal invested three times as Raghu did and invested his money for double time as compared to Raghu. Raghu earned Rs. 4000. If the gain is proportional to the money invested and the time for which the money is invested then the total gain was ?
Options- A. Rs. 28,000
- B. Rs. 18,000
- C. Rs. 14,000
- D. Rs. 8,000 Discuss
- 2. 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
- 3. 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
- 4. 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
- 5. 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
- 6. Three partners A, B and C share profit such that three times the share of A is equal to two times the share of B and equal to 12 times the share of C. What is the ratio of the profits of A, B and C respectively?
Options- A. 3 : 2 : 12
- B. 12 : 2 : 3
- C. 4 : 6 : 1
- D. 1 : 6 : 4 Discuss
- 7. A man who recently died left a sum of Rs. 3,90,000 to be divided among his wife, five sons and four daughters. He directed that each son should receive 3 times as much as each daughter receives and that each daughter receives and that each daughter should receive twice as much as their mother receives. What was the wife?s share?
Options- A. Rs. 14,000
- B. Rs. 12,000
- C. Rs. 10,000
- D. Rs. 9,000 Discuss
- 8. Ravi, Anand and Pranay are running a business firm in partnership. What is Anand's share in the profit earned by them? a. Ravi, Anand and Pranay invested the amounts in the ratio of 2 : 4 : 7. b. Pranay's share in the profit is Rs. 8750.
Options- A. Only a is sufficient
- B. Neither a nor b is sufficient
- C. Only b is sufficient
- D. Both a and b sufficient Discuss
- 9. Deepa started a business in 2009 by investing Rs.50,000. She invested Rs. 20,000 as additional amount in 2010 and her friend Sushma joined her with an amount of Rs.70,000. Deepa invested another Rs. 20,000 in 2011 and Avanthi joined them with Rs. 70,000. At the end of these 3 years, they earned a profit of Rs. 3,00,000. Find Sushma's share ?
Options- A. Rs. 75,000
- B. Rs. 85,000
- C. Rs. 98,000
- D. Rs. 1,00,000 Discuss
- 10. Ravi and Ramu are partners in a business.Ravi contributes 1/6 of the capital for 16 months and Ramu received 2/3 of the profit. For how long Ramu's money was used ?
Options- A. 11 months
- B. 10 months
- C. 9 months
- D. 8 months Discuss
Partnership problems
Search Results
Correct Answer: Rs. 28,000
Explanation:
Investments ratio is = 3:1
Time period ratio is = 2:1
As they are proportional to gain
------
Gain ratio of Vishal and raghu = 6:1
But given Raghu got Rs. 4000,
=? 1 ----- 4000
7 ----- ?
=> Rs.28,000
The total gain = Rs.28,000
Correct Answer: Rs. 12,800
Explanation:
16x8 : Px4 = 5:2
P = 12.8 => Rs.12,800
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: 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: 10,500
Explanation:
The ratio of their investments:
50000x36 : 80000x30 = 3 : 4
Simran's share of profit = (24500x3/7) = Rs.10,500.
Correct Answer: 4 : 6 : 1
Correct Answer: Rs. 10,000
Explanation:
Correct Answer: Both a and b sufficient
Explanation:
Given Pranay's profit in the share is Rs. 8750
But given that their investments are in the ratio 2:4:7
= 8750
P = 16250
Now Anand's share =
= Rs.5000
Thus both staements a and b are sufficient to answer this question.
Correct Answer: Rs. 1,00,000
Explanation:
Deepa invested Rs.50,000 for 12 months, Rs.(50000 + 20000) for 12 months and Rs.(50000 + 20000 + 20000) for 12 months.
i.e, she invested Rs.50,000 for 12 months, Rs.70000 for 12 months and Rs.90000 for 12 months.
Sushma invested Rs. 70000 for 2 years; i.e, Rs.70000 for 24 months
And, Avanthi invested Rs.70000 for 1 year; i.e, Rs. 70000 for 12 months.
Their investing ratio:
Deepa : Sushma : Avanthi = (50,000 x 12 + 70000 x 12 + 90000 x 12):(70000 x 24):(70000 x 12)
= (25,20,000):(16,80,000):(8,40,000) = 252:168:84 = 3:2:1
Total profit for 3 years = Rs.3,00,000
Therefore, Sushma's share = Rs.(3,00,000 x 2 /(3+2+1)) = Rs.(3,00,000 x 2/6) = Rs.1,00,000.
Correct Answer: 8 months
Explanation:
Let the total Profit be Z.
Ramu's profit share is 2/3 of profit (i.e 2Z/3)
Ravi's profit is (Z-2Z/3) =Z/3
Hence the profit ratio is , Ravi : Ramu = Z/3 : 2Z/3 = 1:2
Let total Capital be Rs.X and Ramu has contributed for Y months.Since Ramu's profit share is 2/3, his invest share will be 2/3 in capital.
Ravi's invest for 16 months / Ramu's invest for Y months = Ravi's profit share / Ramu's profit share
i.e. (X/6 x 16) / (2X/3 x Y) = 1/2
Solving the above equation, we get Y = 8.
So Ramu's money has been used for 8 months.
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