This set of Aptitude Questions and Answers (MCQs) focuses on “Partnership – Set 2”.
1. A started a business with 25000 rupees. B joined a in the business after 4.5 months with 5000 rupees. Find their profit – sharing ratio after a year from the commencement of the business.
a) 2 : 3
b) 3 : 2
c) 1 : 8
d) 8 : 1
View Answer
Explanation : The profit – sharing ratio = 25000 * 12 : 5000 * 7.5 = 300000 : 37500 = 8 : 1
2. A started a business with 50000 rupees and b joined him after 3 months with 100000 rupees. Find the profit – sharing ratio.
a) 3 : 2
b) 2 : 3
c) 4 : 3
d) 3 : 4
View Answer
Explanation : The profit – sharing ratio = 50000 * 12 : 100000 * 9 = 600000 : 900000 = 2 : 3
3. A started a business with 25000 rupees. B joined him after 4 months. What should be B’s investment to equalise their profit?
a) 35000 rupees
b) 37500 rupees
c) 40000 rupees
d) 42500 rupees
View Answer
Explanation : Let the investment of B be x.
The profit – sharing ratio is 1 : 1
The profit – sharing ratio = 25000 * 12 : x * 8 = 1 : 1
25000 * 12 = 8x
X = 25000 * 12 / 8 = 37500 rupees
4. A started a business with 23450 rupees. B joined him after 5 months. What should be the investment of b if the profit – sharing ratio is 1 : 3?
a) 162000 rupees
b) 120600 rupees
c) 160200 rupees
d)126000 rupees
View Answer
Explanation : The profit – sharing ratio = 1 : 3
Let the share of b be x rupees.
23450 * 12 : x * 7 = 1 : 3
X = 23450 * 12 * 3 / 7 = 120600 rupees
5. A started a business on 1st of April 2019. B joined him on 1st of September 2019. If B invested 45000 rupees and got 50% of the profit on 31st March 2020, find a’s investment.
a) 22250 rupees
b) 22500 rupees
c) 26250 rupees
d) 26500 rupees
View Answer
Explanation : Let the investment of A be x.
The investment of B = 45000 rupees
A’s investment period = 1st September to 31st March = 7 months
Profit – sharing ratio = 1 : 1 (b got 50% of the profit)
45000 * 7 = 12 * x
X = 45000 * 7 / 12 = 26250 rupees
6. A commenced a business with a capital of 120000 rupees. A invested in his business after 7 months of the commencement. A got 20% extra profit over b’s share. Find b’s investment.
a) 120000 rupees
b) 200000 rupees
c) 240000 rupees
d) 280000 rupees
View Answer
Explanation : Let b’s share of profit be x.
A’s share of profit = 20% more than be = 1.2x
Profit sharing ratio = 1.2 : 1 = 6 : 5
A’s investment = 120000 rupees for 12 months
B’s investment = y rupees for 5 months
120000 * 12 : 5y = 6 : 5
Y = 120000 * 12 * 5 / 30 = 240000 rupees
7. A started a business with B’s investment of 50000 rupees and invested 45000 rupees after 3 months. If the profit after 12 months is 6700 rupees, find A’s share.
a) 2700 rupees
b) 4000 rupees
c) 3700 rupees
d) 3000 rupees
View Answer
Explanation : B’s share of investment = 50000 for 12 months
A’s share of investment = 45000 for 9 months
Profit – sharing ratio of a to b = 45000 * 9 : 50000 * 12 = 27 : 40
Profit at the end of a year = 6700 rupees
A’s share = 6700 / 67 * 27 = 2700 rupees
8. The profit – sharing ratio of a to b is 2 : 3. If A started the business with 30000 and B joined with x rupees after 6 months, find the value of x.
a) 30000
b) 60000
c) 90000
d) 120000
View Answer
Explanation : The investment of A = 30000 for 12 months
The investment of B = x for 6 months
Profit sharing ratio of A to B = 2 : 3
30000 * 12 : 6x = 2 : 3
X = 30000 * 12 * 3 / 12 = 90000 rupees
9. X invested 72000 rupees and started a company. Y joined him with 27000 rupees after 11 months. If the profit at the end of 1 year is 41910 rupees, find Y’s share.
a) 1210 rupees
b) 1270 rupees
c) 1290 rupees
d) 1310 rupees
View Answer
Explanation : X’s share = 72000 for 12 months
Y’s share = 27000 for 1 month
Profit sharing ratio = 72000 * 12 : 27000 * 1 = 864000 : 27000 = 32 : 1
Profit after a year = 41910 rupees
Y’s share = 41910 / (32 + 1) * 1 = 1270 rupees
10. P and Q started a company with 12000 and 15000 rupees, respectively. R joined the business after 4 months with 50000 rupees, find the profit – sharing ratio of P, Q and R.
a) 36 : 45 : 100
b) 35 : 46 : 100
c) 38 : 47 : 100
d) 37 : 48 : 100
View Answer
Explanation : The profit – sharing ratio of the three partners = 12000 * 12 : 15000 * 12 : 50000 * 8
144000 : 180000 : 400000 = 144 : 180 : 400 = 36 : 45 : 100
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