Partnership

Partnership

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Aptitude miscellaneous
  1. Pramod started a business with Rs. 40000. After 4 months Vikas also joined him with Rs. 60000. If at the end of the year, the profit is Rs. 16000, what is the share of Vikas in the profit ?








  1. View Hint View Answer Discuss in Forum

    Ratio between the investment of Pramod and Vikas = 40000 x 12 : 60000 x 8
    = 480000 : 480000 = 1 : 1

    Correct Option: A

    Ratio between the investment of Pramod and Vikas = 40000 x 12 : 60000 x 8
    = 480000 : 480000 = 1 : 1
    Total profit = Rs. 16000
    share of Vikas in profit = 16000/2 = Rs. 8,000

  1. A, B and C can do a work in 20, 25 and 30 days respectively. They undertook to finish the work together for Rs. 2220, then the share of A exceeds that of B by ?








  1. View Hint View Answer Discuss in Forum

    Ratio of share = Ratio of 1 day's work = 1/20 : 1/25 : 1/30 = 15 : 12 : 10
    ∴ A's share = Rs. 2220 x (15/37) = Rs. 900
    B's share = Rs. 2220 x (12/37) = Rs. 720

    Correct Option: B

    Ratio of share = Ratio of 1 day's work = 1/20 : 1/25 : 1/30 = 15 : 12 : 10
    ∴ A's share = Rs. 2220 x (15/37) = Rs. 900
    B's share = Rs. 2220 x (12/37) = Rs. 720
    ∴ A's share exceeds B's share = Rs. 180

  1. Rakesh started a business by investing Rs. 70000. 8 months later Vinod also joined him with Rs. 180000. Total profit, in what ratio should be divided between them ?








  1. View Hint View Answer Discuss in Forum

    Ratio between the investment of Rakesh and Vinod = (70000 x 12) : (180000 x 4)
    = 840000 : 720000

    Correct Option: D

    Ratio between the investment of Rakesh and Vinod = (70000 x 12) : (180000 x 4)
    = 840000 : 720000
    = 7 : 6
    Hence, profit sharing ratio = 7 : 6.

  1. Subodh started a business, investing Rs. 45000. After 4 months. Nepal joined him investing Rs. 30000. If the total profit earned by them at the end of the year was Rs. 13,000 what would be the difference between the shares of Subodh and Nepal ?








  1. View Hint View Answer Discuss in Forum

    Ratio between the investment of Subodh and Nepal = (45000 x 12) : (30000 x 8)
    = 540000 : 240000 = 9 : 4
    Total profit = Rs. 13000
    ∴ Subodh's share = 9/(9 + 4) x 13000 = Rs. 9000

    Correct Option: D

    Ratio between the investment of Subodh and Nepal = (45000 x 12) : (30000 x 8)
    = 540000 : 240000 = 9 : 4
    Total profit = Rs. 13000
    ∴ Subodh's share = 9/(9 + 4) x 13000 = Rs. 9000
    ∴ Nepal's share = 13000 - 9000 = Rs. 4000
    ∴ Required difference = 9000 - 4000 = Rs. 5000

  1. A, B and C contract a work for Rs. 550. Together A and B are supposed to do 7/11 of the work. The share of C should be ?








  1. View Hint View Answer Discuss in Forum

    C's share = Rs. 550 x (4/11)

    Correct Option: B

    C's share = Rs. 550 x (4/11) = Rs. 200