Quantitative Aptitude Quiz: Partnerships
Quantitative Aptitude

Quantitative Aptitude Quiz: Partnerships

img

It is crucial to have a good command over the Quantitative Aptitude section to score high in competitive exams and make it to the final merit list. With frequent quizzes based on different topics from the Quantitative Aptitude section, Exammr has come to your rescue in improving your mathematical skills with the passage of each day.

Q1. A starts a business with Rs.70,000. After 2 months, B joined him with Rs.90,000. C joined them after some more time with Rs.1,40,000. At the end of the year, out of a total profit of Rs.4,25,000, C gets Rs.1,30,000 as his share. How many months after B joined the business, did C join?

a) 8 (3/4) months
b) 5 months
c) 4 (1/2) months
d) 2 (1/2) months
e) None of the above

Q2. A and B start a business, with A investing the total capital of Rs.50000, on the condition that B pays A interest @ 10% per annum on his half of the capital. A is a working partner and receives Rs.1500 per month from the total profit and any profit remaining is equally shared by both of them. At the end of the year, it was found that the income of A is twice that of B. Find the total profit for the year?

a) Rs. 39000
b) Rs. 49000
c) Rs. 59000
d) Rs. 69000
e) None of the above

Q3. Rahul and Rafick start a business with investments of Rs. 2500 and Rs. 2250 respectively. After 2 months, Rahul takes out Rs.1250 from his capital. After 1 more month, Rafick takes out Rs.750 of his capital while Ramesh joins them with a capital of Rs. 3500. At the end of 6 months, they earn a profit of Rs. 2540. Which of the following is the share of each member in the profit?

a) Rahul - Rs. 700, Rafick - Rs. 950, Ramesh - Rs. 890
b) Rahul - Rs. 800, Rafick - Rs. 900, Ramesh - Rs. 840
c) Rahul - Rs. 840, Rafick - Rs. 800, Ramesh - Rs. 900
d) Rahul - Rs. 900, Rafick - Rs. 750, Ramesh - Rs. 890
e) None of the above

Q4. In a business, A invested 1/3rd of the total investment in 1/3rd of the period of investment, B invested 1/4th of the total investment in 1/4th of the period of investment and remaining was invested by C in the remaining period. Then the ratio's between their shares is:

a) 25:9:16
b) 9:25:16
c) 16:9:25
d) 25:16:9
e) None of the above

Q5. In a business, A invested 3 times that of B and the period of investment of A is 2 times that of B. Then their profit ratio is:

a) 6:1
b) 1:6
c) 3:2
d) 2:3
e) None of the above

Q6. A and B invested in a business in the ratio 2:3 and the ratio of their period of investment is 4:5. Then their profit ratio is:

a) 10:12
b) 15:08
c) 12:10
d) 8:15
e) None of the above

Q7. A and B invested Rs. 20,000/- and Rs. 25,000/- respectively in a business. 20% of the profit goes to charities. The rest is divided in proportion to their capitals out of a total profit of Rs. 9000/-. A's share is:

a) Rs. 4000/-
b) Rs. 3600/-
c) Rs. 5000/-
d) Rs. 3200/-
e) None of the above

Q8. A and B started a partnership business investing Rs. 20,000 and Rs. 15,000 respectively. C joined them with Rs. 20,000 After six months. Calculate B's share in the total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business?

a) Rs. 9000/-
b) Rs. 7500/-
c) Rs. 5000/-
d) Rs. 6500/-
e) None of the above

Q9. Suresh started a business with Rs.20,000. Kiran joined him after 4 months with Rs.30,000. After 2 months, Suresh withdrew Rs.5,000 of his capital and 2 more months later, Kiran brought in Rs.20,000 more. What should be the ratio in which they should share their profits at the end of the year?

a) 21 : 32
b) 21 : 22
c) 32 : 21
d) 32 : 27
e) None of the above

Q10. A, B started a business by investing Rs.3000/- and Rs.5000/-. A is working and B is sleeping partner. A gets 10% of profits for managing, the rest being divided in proportion to their capitals out of a total profit of Rs.8,000/-. Then find the A's total.

a) Rs. 3300/-
b) Rs. 3000/-
c) Rs. 3500/-
d) Rs. 4500/-
e) None of the above

Answers:
c) 4 (1/2) months
c) Rs. 59000
b) Rahul - Rs. 800, Rafick - Rs. 900, Ramesh - Rs. 840
c) 16:9:25
a) 6:1
d) 8:15
d) Rs. 3200/-
b) Rs. 7500/-
a) 21 : 32
c) Rs. 3500/-

Popular Exams

  • Vacancies: 45284
  • Exam Year: 2023
  • Conducted By: SSC
  • Category : Central Government Exam
SSC GD Constable
  • Vacancies: 3698
  • Exam Year: 2022
  • Conducted By: SSC
  • Category : Central Government Exam
SSC MTS
  • Vacancies: 4500
  • Exam Year: 2023
  • Conducted By: SSC
  • Category : Central Government Exam
SSC CHSL
  • Vacancies: 1673
  • Exam Year: 2022
  • Conducted By: SBI
  • Category : Banking & Insurance
SBI PO 2022
  • Vacancies: 312
  • Exam Year: 2022
  • Conducted By: BSF
  • Category : Defence & Police
BSF Head Constable
  • Vacancies: 577
  • Exam Year: 2023
  • Conducted By: UPSC
  • Category : Central Government Exam
UPSC EPFO 2023
  • Vacancies: 174
  • Exam Year: 2024
  • Conducted By: HPSC
  • Category : Haryana State Exam
HPSC HCS Judicial Branch Exam
View All Popular Exams

Related Articles

Quantitative Aptitude Quiz: Stocks and Shares
Quantitative Aptitude Quantitative Aptitude Quiz: Stocks and Shares

It is crucial to have a good command over the Quantitative Aptitude section to score high in competitive exams and make it to the final merit list. Wi

Quantitative Aptitude Quiz: Allegation and Mixture
Quantitative Aptitude Quantitative Aptitude Quiz: Allegation and Mixture

It is crucial to have a good command over the Quantitative Aptitude section to score high in competitive exams and make it to the final merit list. Wi

Quantitative Aptitude Quiz: Quadratic Equations
Quantitative Aptitude Quantitative Aptitude Quiz: Quadratic Equations

It is crucial to have a good command over the Quantitative Aptitude section to score high in competitive exams and make it to the final merit list. Wi

Quantitative Aptitude Quiz: Time And Work
Quantitative Aptitude Quantitative Aptitude Quiz: Time And Work

It is crucial to have a good command over the Quantitative Aptitude section to score high in competitive exams and make it to the final merit list. Wi

Quantitative Aptitude Quiz: Miscellaneous Questions
Quantitative Aptitude Quantitative Aptitude Quiz: Miscellaneous Questions

It is crucial to have a good command over the Quantitative Aptitude section to score high in competitive exams and make it to the final merit list. Wi

Trending Articles

Indian Merchant Navy Recruitment 2024: Notification Out for 4000 Posts; Check Details Here
Indian Merchant Navy Recruitment 2024: Notification Out for 4000 Posts; Check Details Here

The Indian Merchant Navy has published the recruitment notification for the Deck Rating, Engine Rating, Seaman, Electrician, Welder/Helper, Mess Boy,

SAIL Recruitment 2024: Notification Out for 108 Executive and Non Executive Cadre Posts
SAIL Recruitment 2024: Notification Out for 108 Executive and Non Executive Cadre Posts

The Steel Authority of India Limited (SAIL) has published the recruitment notification for the post of Executive and Non-Executive Cadre in Employment

Uttarakhand Cooperative Bank Recruitment 2024: Notification Out for 233 Various Posts
Uttarakhand Cooperative Bank Recruitment 2024: Notification Out for 233 Various Posts

The Uttarakhand Cooperative Institutional Service Board has published the recruitment notification for the Group-3 (Clerk-cum-Cashier), Group-2 (Junio

NIT Durgapur Recruitment 2024: Notification Out for 43 Various Faculty Posts
NIT Durgapur Recruitment 2024: Notification Out for 43 Various Faculty Posts

National Institute of Technology Durgapur (NIT Durgapur) has published the recruitment notification for the various faculty positions in Employment Ne

NGEL Executive Recruitment 2024: Notification Out for 63 Various Engineer and Executive Posts
NGEL Executive Recruitment 2024: Notification Out for 63 Various Engineer and Executive Posts

NTPC Green Energy Limited (NGEL) has published the recruitment notification for the various posts in Employment News (March 30-Apr 04) 2024. A total o

Latest Articles

Bihar Panchayati Raj Vibhag Recruitment 2024: Notification Out for 6570 Accountant IT Assistant Posts
Bihar Panchayati Raj Vibhag Recruitment 2024: Notification Out for 6570 Accountant IT Assistant Posts

Bihar Gram Swaraj Yojana Society has published the recruitment notification for the post of Accountant IT Assistant on its official website. A total o

HPPSC Tehsildar Recruitment 2024: Notification Out for 26 Various Administrative Posts
HPPSC Tehsildar Recruitment 2024: Notification Out for 26 Various Administrative Posts

Himachal Pradesh Public Service Commission (HPPSC) has published the recruitment notification for the various Administrative posts on its official web

UPPSC Agriculture Services Recruitment 2024: Notification Out for 268 Various Posts
UPPSC Agriculture Services Recruitment 2024: Notification Out for 268 Various Posts

The Uttar Pradesh Public Service Commission (UPPSC) has published the recruitment notification for the Agricultural Services on its official website.

AIASL Recruitment 2024: Notification Out for 422 Utility Agent Cum Ramp Driver and Handyman Posts
AIASL Recruitment 2024: Notification Out for 422 Utility Agent Cum Ramp Driver and Handyman Posts

AI Airport Services Limited (AIASL) has published the recruitment notification for the post of Utility Agent Cum Ramp Driver and Handyman/ Handywoman

APPSC FRO Recruitment 2024: Notification Out for 37 Forest Range Officer Posts
APPSC FRO Recruitment 2024: Notification Out for 37 Forest Range Officer Posts

Andhra Pradesh Public Service Commission (APPSC) has published the recruitment notification for the post of Forest Range Officer on its official websi

Kerala PSC Recruitment 2024: Notification Out for 162 Farm Assistant Posts
Kerala PSC Recruitment 2024: Notification Out for 162 Farm Assistant Posts

The Kerala Public Service Commission (KPSC) has published the recruitment notification for the Farm Assistant Grade II (Agri) under the Kerala Agricul

RPF Recruitment 2024: Notification Out for 4660 Constable and Sub-Inspector Posts
RPF Recruitment 2024: Notification Out for 4660 Constable and Sub-Inspector Posts

Railway Protection Force (RPF) has published the recruitment notification for the post of Constable and Sub Inspector in Railway Recruitment Boards on

Kerala PSC Recruitment 2024: Notification Out for 124 Office Assistant Posts
Kerala PSC Recruitment 2024: Notification Out for 124 Office Assistant Posts

Kerala PSC Recruitment 2024 has published the recruitment notification for the Office Assistant posts for Kerala State Co-operative Bank Limited. A to

AAI JE Recruitment 2024: Notification Out for 490 Junior Executive Posts
AAI JE Recruitment 2024: Notification Out for 490 Junior Executive Posts

Airports Authority of India (AAI) has published the recruitment notification for the post of Junior Executive on its official website. A total of 490

RITES Assistant Manager Recruitment 2024: Notification Out for 72 Assistant Manager Posts
RITES Assistant Manager Recruitment 2024: Notification Out for 72 Assistant Manager Posts

Rail India Technical and Economic Service Limited (RITES) has published the recruitment notification for the post of Assistant Manager on its official