IndiaBIX

Aptitude - Partnership

Why should I learn to solve Aptitude questions and answers section on "Partnership"?

Learn and practise solving Aptitude questions and answers section on "Partnership" to enhance your skills so that you can clear interviews, competitive examinations, and various entrance tests (CAT, GATE, GRE, MAT, bank exams, railway exams, etc.) with full confidence.

Where can I get the Aptitude questions and answers section on "Partnership"?

IndiaBIX provides you with numerous Aptitude questions and answers based on "Partnership" along with fully solved examples and detailed explanations that will be easy to understand.

Where can I get the Aptitude section on "Partnership" MCQ-type interview questions and answers (objective type, multiple choice)?

Here you can find multiple-choice Aptitude questions and answers based on "Partnership" for your placement interviews and competitive exams. Objective-type and true-or-false-type questions are given too.

How do I download the Aptitude questions and answers section on "Partnership" in PDF format?

You can download the Aptitude quiz questions and answers section on "Partnership" as PDF files or eBooks.

How do I solve Aptitude quiz problems based on "Partnership"?

You can easily solve Aptitude quiz problems based on "Partnership" by practising the given exercises, including shortcuts and tricks.

Exercise : Partnership - General Questions
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:
Rs. 1425
Rs. 1500
Rs. 1537.50
Rs. 1576
Answer: Option
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.
Rs. 1900
Rs. 2660
Rs. 2800
Rs. 2840
Answer: Option
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:
Rs. 2100
Rs. 2400
Rs. 3600
Rs. 4000
Answer: Option
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:
Rs. 8400
Rs. 11,900
Rs. 13,600
Rs. 14,700
Answer: Option
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?
5 : 7 : 8
20 : 49 : 64
38 : 28 : 21
None of these
Answer: Option
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

Quick links
Quantitative Aptitude
Verbal (English)
Reasoning
Programming
Interview
Placement Papers