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- Question
Umar and Avinash started a partnership with investments of Rs. 10000 and Rs. 15000, respectively. But due to a financial emergency the latter had to withdraw his investment after 8 months. In what ratio should the profit of the first twelve months be shared among the duo?
Options- A. 3:2
- B. 2:3
- C. 1:2
- D. 1:1
- Correct Answer
- 1:1
- 1. If 6 (P's Capital ) = 8 ( Q's Capital ) = 12 ( R's Capital ) , then out of the total profit of Rs 4650 , R will receive ?
Options- A. Rs. 1033.33
- B. Rs. 1024
- C. Rs. 1148.14
- D. Rs. 1245.32 Discuss
- 2. Rs. 50000 is divided into two parts One part is given to a person with 10% interest and another part is given to a person with 20 % interest. At the end of first year he gets profit 7000 Find money given by 10% ?
Options- A. Rs. 20,000
- B. Rs. 10,000
- C. Rs. 30,000
- D. Rs. 40,000 Discuss
- 3. 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
- 4. 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
- 5. 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
- 6. A sum of Rs 2489 is divided among A, B and C such that if Rs 12, Rs 12 and Rs 5 be diminish from the shares of A, B and C respectively, then theirshares will be in the ratio of 5 : 3 : 4. What is the new share (in Rs) of C?
Options- A. 750
- B. 1060
- C. 1475
- D. 820 Discuss
- 7. A and B invest in a business in the ratio 2 : 5. If 50% of the total profit goes to charity and A's share is Rs 3.6 lakhs, the total profit is Rs __________ lakhs.
Options- A. 12.6
- B. 25.2
- C. 37.8
- D. 16.8 Discuss
- 8. 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 ?
Options- 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 Discuss
- 9. What is the difference in the shares of profit between P and Q in a joint business at the end of one year ? a. P Invested Rs. 80,000 and withdrew Rs. 20,000 after 6 months. b. Q joined four months after the start of business. c. Q's amount was 80% of P's amount during the last six months.
Options- A. Only a
- B. Only c
- C. Both a & b
- D. Data is not sufficient Discuss
- 10. Two persons A and B invested in a business with 115000and 75000 rupees respectively. They agree that 40% of theprofit should be divided equally among them and rest isdivided between them according to their investment. If Agot 500 rupee more than B, then the total profit is
Options- A. 3599.34
- B. 699.34
- C. 3958.34
- D. 999.34 Discuss
Partnership problems
Search Results
Correct Answer: Rs. 1033.33
Explanation:
Let
P's capital = p,
Q's capital = q and
R's capital = r.
Then
6p = 8q = 12r
=> 3p = 4q = 6r
=>q = 3p/4
r = 3p/6 = p/2
P : Q : R = p : 3p/4 : p/2
= 4 : 3 : 2
R's share = 4650 * (2/9) = 150*6 = Rs. 1033.33.
Correct Answer: Rs. 30,000
Explanation:
Let first part is 'K' and second part is 'L'
then K + L = 50000---------eq1
Total profit = profit on x + profit on y
7000 = (K x 10 x 1)/100 + (L x 20 x 1)/100
70000 = K + 2L-----------------------------------eq2
70000 = 50000 + L
so L = 20000 then K = 50000 - 20000 = 30000
first part on 10% is = Rs.30000
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.
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: 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: 820
Correct Answer: 25.2
Correct Answer: Ram - Rs. 800, Raj - Rs. 900, Rakesh - Rs. 840
Explanation:
Initial investment of Ram = Rs.2500.
After 2 months he withdraw Rs.1250 from his capital.
Therefore, we have, Ram invested Rs.2500 for 2 months and Rs.(2500-1250=) 1250 for 4 months.
Raj invested Rs. 2250 for 3 months and Rs.(2250-750=) 1500 for 3 months.
And, Rakesh invested Rs.3500 for 3 months;
Their investing ratio:
Ram:Raj:Rakesh = (2500x2 + 1250x4):(2250x3 + 1500x3):(3500x3)
= (10,000):(11,250):(10,500) = 1000:1125:1050 = 40:45:42
Total profit for 6 months = Rs.2540
Therefore, Ram's share = Rs.(2540 x 40/(40+45+42)) = Rs.(2540 x 40/127) = Rs.800
Raj's share = Rs.(2540 x 45/127) = Rs.900
Rakesh's share = Rs.(2540 x 42/127) = Rs.840
Correct Answer: Data is not sufficient
Explanation:
a. P's investment = (80000 x 6 + 60000 x 6) = 840000 for 1 month.
b & c. Q's investment = 80% of Rs. 60000 for 8 months.
= Rs.(48000 x 8) for 1 month = 384000 for 1 month
P : Q = 840000 : 384000 = 35 : 16.
But, the total profit is not given, so data is inadequate.
Correct Answer: 3958.34
Explanation:
Ratio in which the profit will divide ? 23:15. Let theprofit be P
Now, [(23/38) - (15/38)] x (60/100) x P = 500
P = 3958.34
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