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Question Detail
A and B started a partnership business investing some amount in the ratio of 3 : 5. C joined them after six months with an amount equal to that of B. In what proportion should the profit at the end of one year be distributed amount A, B and C
- 3:7:5
- 6:10:5
- 6:10:7
- 6:7:5
Answer: Option B
Explanation:
Let initial investment of A is 3x and B is 5x, then C investment is also 5x, but most important to note in this question is the time duration of investment
Like, A invested for 12 months, B invested for 12 months and C invested for 6 months.
A:B:C =(3x*12):(5x*12):(5x*6)
= 36:60:30
= 6:10:5
1. 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.
2. Three partners A,B and C shared the profit in a software business in the ratio 5:7:8. They had partnered for 14 months, 8 months and 7 months respectively. Find the ratio of their investments?
- 19:49:64
- 20:49:64
- 20:49:65
- 20:50:64
Answer: Option B
Explanation:
Let their investments be Rs. x for 14 months, Rs. y for 8 months and Rs. z for 7 months respectively
Then, 14x : 8y : 7z = 5 : 7 : 8
Now, 14x/8x = 5/7
=> y = (49/20)x
14x/7z = 5/8
=> z = (16/5)x
=>x:y:z = x:(49/20)x:(16/5)x
= 20:49:64
3. Check which among following are required to answer this questions :
Three friends started a businesss, let there names are A, B and C. What profit B will get, if,
1. C invested Rs. 8000 for nine months, his profit was 3/2 times that of B's and his investment was four times that of A.
2. A and B invested for one year in the proportion 1 : 2 respectively.
3. The three together got Rs. 1000 as profit at the year end.
- Only 1 and 3
- Only 1 and 2
- All 1, 2 and 3
- None of above
Answer: Option C
Explanation:
We will require all the statements to answer this question,
1 and 2 will give :
C = Rs. (8000 x 9) for 1 month = Rs. 72000 for 1 month.
A = Rs. (1/4 * 8000 * 12 ) for 1 month = Rs 24000 for 1 month
B = Rs 48000 for one month
C:A:B = 72000 : 24000 : 48000 = 3 : 1 : 2
From 3, we will get total Profit = 1000
Now from the ratio and total profit we can get Share of C.
C share will be = 1000 * 2/6 = 333 (1/3)
4. A and B started a partnership business investing some amount in the ratio of 3 : 5. C joined them after six months with an amount equal to that of B. In what proportion should the profit at the end of one year be distributed amount A, B and C
- 3:7:5
- 6:10:5
- 6:10:7
- 6:7:5
Answer: Option B
Explanation:
Let initial investment of A is 3x and B is 5x, then C investment is also 5x, but most important to note in this question is the time duration of investment
Like, A invested for 12 months, B invested for 12 months and C invested for 6 months.
A:B:C =(3x*12):(5x*12):(5x*6)
= 36:60:30
= 6:10:5
5. Kamal started a business investing Rs 9000. After five months, Sameer joined with a capital of Rs 8000. If at the end of the year, they earn a profit of Rs. 6970, then what will be the share of Sameer in the profit ?
- Rs 2380
- Rs 2300
- Rs 2280
- Rs 2260
Answer: Option A
Explanation:
Now as per question, Kamal invested for 12 months and Sameer invested for 7 months.
So
Kamal:Sameer = (9000*12):(8000*7)
= 108:56
= 27:14
Sameer Ratio in profit will be
\begin{aligned}
= \left(6970*\frac{14}{41}\right) \\
= Rs& 2380
\end{aligned}
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