Aptitude - Partnership
- Partnership - Formulas
- Partnership - General Questions
- Partnership - Data Sufficiency 1
- Partnership - Data Sufficiency 2
- Partnership - Data Sufficiency 3
Each of the questions given below consists of a question followed by three statements. You have to study the question and the statements and decide which of the statement(s) is/are necessary to answer the question.
How much did Rohit get as profit at the year-end in the business done by Nitin, Rohit and Kunal? | |
I. |
Kunal invested Rs. 8000 for nine months, his profit was |
II. | Nitin and Rohit invested for one year in the proportion 1 : 2 respectively. |
III. | The three together got Rs. 1000 as profit at the year end. |
times that of Rohit's and his investment was four times that of Nitin.
I and II give:
K = Rs. (8000 x 9) for 1 month = Rs. 72000 for 1 month.
| N = Rs. |  |
1 | x 8000 x 12 |  |
for 1 month = Rs. 24000 for 1 month. |
| 4 |
R = Rs. 48000 for 1 month.
K : N : R = 72000 : 24000 : 48000 = 3 : 1 : 2.
III gives, total profit = Rs. 1000.
| Rohit's share = Rs. |
|
1000 x | 2 | |
= Rs. 333 | 1 |
| 6 | 3 |
Correct answer is (D).
What is R's share of profit in a joit venture? | |
I. | Q started business investing Rs. 80,000. |
II. | R joined him after 3 months. |
III. | P joined after 4 months with a capital of Rs. 1,20,000 and got Rs. 6000 as his share profit. |
From I, II and III, we get P : Q : R = (120000 x 8) : (80000 x 12) : (x x 9).
Since R's investment is not given, the above ratio cannot be give.
Given data is inadequate.