Partnerships Quiz Set 011 | Maths Aptitude Quiz Questions and Mock Test on Partnerships Set 11 | mock tests for Bank PO, SSB/SSC Exams, SO Clerical Exam, GATE Exam, LIC AO, GIC AO, etc.

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Question 1

During the first 2 months the investments of A and B were in the ratio 5:19. For the remaining months the investments were in the ratio 19:5. What will be the share of A in an annual profit of Rs. 28800?

Rs. 20000.

Rs. 20100.

Rs. 19900.

Rs. 20200.

Soln.
Ans: a

The profits are shared in the ratio of money-months contributed by the partners. Money-months contributed by A are 2 × 5 + 10 × 19 = 200, whereas those by B are 2 × 19 + 10 × 5 = 88. The ratio of these money-months is 25:11. This is the ratio in which the profits would be divided. A's share = 28800 × $25/{25 + 11}$ = Rs. 20000.

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Question 2

X and Y start a venture with investments of Rs. 500 and Rs. 700. After 6 months Z joins with Rs. 500. What is Z's share in the annual profit of Rs. 17400?

Rs. 3000.

Rs. 3100.

Rs. 2900.

Rs. 3200.

Soln.
Ans: a

Sum of the money months is 500 × 12 + 700 × 12 + 500 × 6 = 17400. Share of Z = ${500 × 6}/17400$ × 17400 = Rs. 3000.

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Question 3

A, B and C hire a coffee vending machine. A uses it for 5 hours and prepares 4 cups, B uses it for 4 hours and prepares 2 cups and C uses it for 9 hours and prepares 7 cups. If the total rent is Rs. 728, how much should A pay?

Rs. 160.

Rs. 170.

Rs. 150.

Rs. 180.

Soln.
Ans: a

Sum of the cup-hours is 4 × 5 + 4 × 2 + 9 × 7 = 91. Share of A = ${4 × 5}/91$ × 728 = Rs. 160.

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Question 4

A, B and C start a partnership business by investing in the ratio 1:3:8. It was agreed that (1/3)^rd of the profit would be divided equally, and the remaining proportionately. What is B's share in a profit of Rs. 7200?

Rs. 2000.

Rs. 2100.

Rs. 1900.

Rs. 2200.

Soln.
Ans: a

Profit to be proportioned is $(2 × 7200)/3$ = 4800. B's share in this is $(3 × 4800)/(1 + 3 + 8)$ = Rs. 1200. To this add 1/9 of the profit = 7200/9 = 800. The total share = Rs. 2000.

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Question 5

A, B and C start a partnership business by investing in the ratio 1:4:7. It was agreed that (1/3)^rd of the profit would be divided equally, and the remaining proportionately. What is B's share in a profit of Rs. 14400?

Rs. 4800.

Rs. 4900.

Rs. 4700.

Rs. 5000.

Soln.
Ans: a

Profit to be proportioned is $(2 × 14400)/3$ = 9600. B's share in this is $(4 × 9600)/(1 + 4 + 7)$ = Rs. 3200. To this add 1/9 of the profit = 14400/9 = 1600. The total share = Rs. 4800.

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