Question Detail

A, B and C enter into a partnership investing Rs 35000, Rs 45000 and Rs 55000 resp. The respective share of A,B and C in an annual profit of Rs 40500 are.

Rs. 11500, Rs. 13500, Rs. 16500
Rs. 10500, Rs. 12500, Rs. 16500
Rs. 10500, Rs. 13500, Rs. 15500
Rs. 10500, Rs. 13500, Rs. 16500

Answer: Option D

Explanation:

A:B:C = 35000:45000:55000
= 7:9:11

Now we are having the ratio.
to get the share, first make total of above ratio.
then get each share.

\begin{aligned}
\text{A's Share} = 40500*\frac{7}{27} \\
= Rs&10500 \\

\text{B's Share} = 40500*\frac{9}{27} \\
= Rs&13500 \\

\text{B's Share} = 40500*\frac{11}{27} \\
= Rs&16500 \\

\end{aligned}

1. Yogesh started a business investing Rs. 45000. After 3 months, Pranab joined him with a capital of Rs. 60000. After another 6 months, Atul joined them with a capital of Rs. 90000. At the end of the year, they made a profit of Rs. 20000. What would be Atuls share in it?

Rs 7000
Rs 6000
Rs 5000
Rs 4000

Answer: Option D

Explanation:

Just take care of the months of investment, rest all will be simple.

Yogesh:Pranab:Atul = 45000*12:60000*9:90000*3
= 2:2:1
Atul's share = Rs. 20000 * (1/5) = Rs. 4000

2. Sumit and Ravi started a business by investing Rs 85000 and 15000 respectively. In what ratio the profit earned after 2 years be divided between Sumit and Ravi respectively.

17:1
17:2
17:3
17:4

Answer: Option C

Explanation:

Note: If you have clear concept of ratio and proportion chapter then it will really easy for you to solve partnership problems.

P:Q = 85000:15000 = 17:3

Important to note there that if both have invested for different period of times then we had to multiply with number of months to get the desired ratio.

3. Rahul and Bharti are partners in a business. Rahul contributes 1/4th capital for 15 months and Bharti received 2/3 of profit. For how long Bharti money was used.

8 months
10 months
11 months
17 months

Answer: Option B

Explanation:

Let the total profit be Rs. Z

Bharti's share = (2/3)Z
Rahul's Share = Z-(2/3)Z = Z/3

Rahul:Bharti = Z/3:(2/3)Z = 1:2

Now let the total capital be Rs X, and Bharti capital was used for Y months
then, Rahul capital will be (1/4)X and Bharti capital wil be X-(1/4)X = 3X/4
\begin{aligned}
\frac{\frac{1}{4}X*15}{\frac{3}{4}X*Y}= \frac{1}{2} \\
Y = \frac{15*2}{3} = 10
\end{aligned}

So Bharti's money was used for 10 months

4. Manoj received Rs. 6000 as his share out of the total profit of Rs. 9000 which he and Ramesh earned at the end of one year. If Manoj invested Rs.120000 for 6 months, whereas Ramesh invested his amount for the whole year, what was the amount invested by Ramesh

Rs. 2000
Rs. 3000
Rs. 4000
Rs. 5000

Answer: Option D

Explanation:

Suppose Ramesh invested Rs. x. Then,
Manoj : Ramesh = 20000 * 6 : x * 12.
120000/12x : 6000/3000
=> x = 120000/24 = 5000

5. A starts business with Rs. 3500 and after 5 months, B joins with A as his partner. After a year, the profit is divided in the ratio 2:3. What is B's contribution in the capital

Rs 9000
Rs 7000
Rs 5000
Rs 4000

Answer: Option A

Explanation:

Let B contribution is x.
\begin{aligned}
\frac{3500*12}{7x} = \frac{2}{3} \\
=> 14x = 126000
=> x = Rs 9000
\end{aligned}