Partnerships Quiz Set 006 | Maths Aptitude Quiz Questions and Mock Test on Partnerships Set 6 | mock tests for Bank PO, SSB/SSC Exams, SO Clerical Exam, GATE Exam, LIC AO, GIC AO, etc.

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Question 1

A, B and C start a partnership business by investing equal amounts of money. What would be the share of B if the annual profit is Rs. 9600, and the time for which they invested was in the ratio 4:5:3?

Rs. 4000.

Rs. 4100.

Rs. 3900.

Rs. 4200.

Soln.
Ans: a

The amounts are same but times are different. So the share should be in the ratio of times. Share of B = $5/{4 + 5 + 3}$ × 9600 = Rs. 4000.

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Question 2

A and B invest in a business in the ratio 7 : 12. After 6 months their investments became in the ratio 12 : 7. What is A's share in the annual profit of Rs. 7600?

Rs. 3800.

Rs. 3900.

Rs. 3700.

Rs. 4000.

Soln.
Ans: a

The money months contributed by A are 6 × 7 + 6 × 12. The money months contributed by B are also same: 6 × 12 + 6 × 7, so their share would be equal. A's share = 7600/2 = Rs. 3800.

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Question 3

A, B and C start a partnership business by investing equal amounts of money. What would be the share of B if the annual profit is Rs. 4800, and the time for which they invested are in an AP?

Rs. 1600.

Rs. 1700.

Rs. 1500.

Rs. 1800.

Soln.
Ans: a

Let the times be a - d, a and a + d. The amounts are same but times are different. So the share should be in the ratio of times. Share of B = $(time of B)/(sum of times)$ × 4800 = $a/{3a}$ × 4800 = Rs. 1600.

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Question 4

A, B and C start a partnership business by investing equal amounts of money. What would be the share of B if the annual profit is Rs. 9600, and the time for which they invested are in an AP?

Rs. 3200.

Rs. 3300.

Rs. 3100.

Rs. 3400.

Soln.
Ans: a

Let the times be a - d, a and a + d. The amounts are same but times are different. So the share should be in the ratio of times. Share of B = $(time of B)/(sum of times)$ × 9600 = $a/{3a}$ × 9600 = Rs. 3200.

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Question 5

A, B and C start a partnership business by investing equal amounts of money. What would be the share of B if the annual profit is Rs. 10800, and the time for which they invested are in an AP?

Rs. 3600.

Rs. 3700.

Rs. 3500.

Rs. 3800.

Soln.
Ans: a

Let the times be a - d, a and a + d. The amounts are same but times are different. So the share should be in the ratio of times. Share of B = $(time of B)/(sum of times)$ × 10800 = $a/{3a}$ × 10800 = Rs. 3600.

Solution | Discuss! | Chapters»