Aptitude - Partnership

Why Aptitude Partnership?

In this section you can learn and practice Aptitude Questions based on "Partnership" and improve your skills in order to face the interview, competitive examination and various entrance test (CAT, GATE, GRE, MAT, Bank Exam, Railway Exam etc.) with full confidence.

Where can I get Aptitude Partnership questions and answers with explanation?

IndiaBIX provides you lots of fully solved Aptitude (Partnership) questions and answers with Explanation. Solved examples with detailed answer description, explanation are given and it would be easy to understand. All students, freshers can download Aptitude Partnership quiz questions with answers as PDF files and eBooks.

Where can I get Aptitude Partnership Interview Questions and Answers (objective type, multiple choice)?

Here you can find objective type Aptitude Partnership questions and answers for interview and entrance examination. Multiple choice and true or false type questions are also provided.

How to solve Aptitude Partnership problems?

You can easily solve all kind of Aptitude questions based on Partnership by practicing the objective type exercises given below, also get shortcut methods to solve Aptitude Partnership problems.

1. 

A and B invest in a business in the ratio 3 : 2. If 5% of the total profit goes to charity and A's share is Rs. 855, the total profit is:

A. Rs. 1425
B. Rs. 1500
C. Rs. 1537.50
D. Rs. 1576

Answer: Option B

Explanation:

Let the total profit be Rs. 100.

After paying to charity, A's share = Rs. 95 x 3 = Rs. 57.
5

If A's share is Rs. 57, total profit = Rs. 100.

If A's share Rs. 855, total profit = 100 x 855 = 1500.
57


2. 

A, B and C jointly thought of engaging themselves in a business venture. It was agreed that A would invest Rs. 6500 for 6 months, B, Rs. 8400 for 5 months and C, Rs. 10,000 for 3 months. A wants to be the working member for which, he was to receive 5% of the profits. The profit earned was Rs. 7400. Calculate the share of B in the profit.

A. Rs. 1900
B. Rs. 2660
C. Rs. 2800
D. Rs. 2840

Answer: Option B

Explanation:

For managing, A received = 5% of Rs. 7400 = Rs. 370.

Balance = Rs. (7400 - 370) = Rs. 7030.

Ratio of their investments = (6500 x 6) : (8400 x 5) : (10000 x 3)

   = 39000 : 42000 : 30000

   = 13 : 14 : 10

B's share = Rs. 7030 x 14 = Rs. 2660.
37


3. 

A, B and C enter into a partnership in the ratio : : . After 4 months, A increases his share 50%. If the total profit at the end of one year be Rs. 21,600, then B's share in the profit is:

A. Rs. 2100
B. Rs. 2400
C. Rs. 3600
D. Rs. 4000

Answer: Option D

Explanation:

Ratio of initial investments = 7 : 4 : 6 = 105 : 40 : 36.
2 3 5

Let the initial investments be 105x, 40x and 36x.

A : B : C = 105x x 4 + 150 x 105x x 8 : (40x x 12) : (36x x 12)
100

   = 1680x : 480x : 432x = 35 : 10 : 9.

Hence, B's share = Rs. 21600 x 10 = Rs. 4000.
54


4. 

A, B, C subscribe Rs. 50,000 for a business. A subscribes Rs. 4000 more than B and B Rs. 5000 more than C. Out of a total profit of Rs. 35,000, A receives:

A. Rs. 8400
B. Rs. 11,900
C. Rs. 13,600
D. Rs. 14,700

Answer: Option D

Explanation:

Let C = x.

Then, B = x + 5000 and A = x + 5000 + 4000 = x + 9000.

So, x + x + 5000 + x + 9000 = 50000

3x = 36000

x = 12000

A : B : C = 21000 : 17000 : 12000 = 21 : 17 : 12.

A's share = Rs. 35000 x 21 = Rs. 14,700.
50


5. 

Three partners shared the profit in a business in the ratio 5 : 7 : 8. They had partnered for 14 months, 8 months and 7 months respectively. What was the ratio of their investments?

A. 5 : 7 : 8
B. 20 : 49 : 64
C. 38 : 28 : 21
D. None of these

Answer: Option B

Explanation:

Let their investments be Rs. x for 14 months, Rs. y for 8 months and Rs. z for 7 months respectively.

Then, 14x : 8y : 7z = 5 : 7 : 8.

Now, 14x = 5       98x = 40y       y = 49 x
8y 7 20

And, 14x = 5       112x = 35z       z = 112 x = 16 x.
7z 8 35 5

x : y : z = x : 49 x : 16 x = 20 : 49 : 64.
20 5




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