Partnership

Partnership

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Aptitude miscellaneous
  1. Ravi and Kavi start a business by investing ₹ 8000 and ₹ 72000, respectively. Find the ratio of their profits at the end of year.










  1. View Hint View Answer Discuss in Forum

    Ratio of profit = Ratio of investments

    Correct Option: D

    Ratio of profit = Ratio of investments
    = 8000 : 72000 = 1 : 9

  1. P starts a business with ₹ 300000 and Q join him after 3 months with ₹ 1200000. Find the ratio of their profits at the end of the year .










  1. View Hint View Answer Discuss in Forum

    P's share : Q's share = (300000 x 12) : (1200000 x 9)

    Correct Option: D

    P's share : Q's share = (300000 x 12) : (1200000 x 9)
    = 36 : 108 = 1 : 3

  1. Ram, Shyam and Kamal together start a business in partnership. The ratio of their capitals is 3 : 4 : 7. If their annual profit be ₹ 21000, what will be Kamal's share in this profit ?








  1. View Hint View Answer Discuss in Forum

    Given ratio of profits of Ram, Shyam and Kamal = Ratio of their capitals
    = 3 : 4 : 7

    Kamal's share = [7/(3 + 4 + 7)] x 21000

    Correct Option: B

    Given ratio of profits of Ram, Shyam and Kamal = Ratio of their capitals
    = 3 : 4 : 7

    Kamal's share = [7/(3 + 4 + 7)] x 21000
    = 7 x 1500 = ₹ 10500

  1. A start a business with ₹ 9000 and B joins him after 6 months with an investment of ₹ 45000. What will be the investment of ₹ 45000. What will be the ratio of the profits of A and B at the end of year ?










  1. View Hint View Answer Discuss in Forum

    A's share : B's share = 900 x 12 : 45000 x (12 - 6)

    Correct Option: C

    A's share : B's share
    = 900 x 12 : 45000 x (12 - 6)
    = 12 : 5 x 6 = 2 : 5

  1. A starts a business with ₹ 4000 and B joins him after 3 months with ₹ 16000. Find the ratio of their profit at the end of year.










  1. View Hint View Answer Discuss in Forum

    A's share : B's share
    = Ratio of products of investment and time period of investment
    = (4000 x 12) : 16000 x (12 - 3)

    Correct Option: A

    A's share : B's share
    = Ratio of products of investment and time period of investment
    = (4000 x 12) : 16000 x (12 - 3)
    = 4 x 12 : 16 x 9
    = 1 : 3

    Note Here, the partnership is compound, in which A invested for 1 yr or 12 month and B invested 3 months later. it does mean B invested for (12 - 3) months.