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Partnership problems


  • 1. 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
  • Also asked in: GRE, GATE, CAT, Bank Exams, AIEEE, Bank PO, Bank Clerk, Analyst

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  • 2. 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
  • Also asked in: AIEEE, Bank Exams, CAT, GATE, Bank Clerk, Bank PO

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  • 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
  • Also asked in: AIEEE, Bank Exams, CAT, GATE, GRE, Bank Clerk, Bank PO

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  • 4. 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
  • Also asked in: AIEEE, Bank Exams, CAT, GATE, GRE, Bank Clerk, Bank PO

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  • 5. 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
  • Also asked in: AIEEE, Bank Exams, CAT, GATE, Bank Clerk, Bank PO

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  • 6. 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
  • Also asked in: Bank Exams

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  • 7. 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
  • Also asked in: Bank Exams

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  • 8. 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
  • Also asked in: Bank Exams

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  • 9. 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
  • Also asked in: AIEEE, Bank Exams, CAT, GATE, GRE, Bank Clerk, Bank PO

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  • 10. 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
  • Also asked in: AIEEE, Bank Exams, CAT, GATE, Bank Clerk, Bank PO

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