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Question Detail
A,B and C enter into a partnership investing Rs 35000, Rs 45000 and 55000. Find the their respective shares in annual profit of 40,500
- 10500, 13500, 19500
- 10500, 13500, 18500
- 10500, 13500, 17500
- 10500, 13500, 16500
Answer: Option D
Explanation:
A:B:C = 35000:45000:55000 = 7:9:11
A's share = (7/27) *40500 = Rs 10500
B's share = (9/27) *40500 = Rs 13500
C's share = (11/27)*40500 = Rs 16500
[In options we can see that only salary of C is different in all options. So we cn just calculate the C share to solve question quickly :) ]
1. Manoj received Rs. 6000 as his share out of the total profit of Rs. 9000 which he and Ramesh earned at the end of one year. If Manoj invested Rs.120000 for 6 months, whereas Ramesh invested his amount for the whole year, what was the amount invested by Ramesh
- Rs. 2000
- Rs. 3000
- Rs. 4000
- Rs. 5000
Answer: Option D
Explanation:
Suppose Ramesh invested Rs. x. Then,
Manoj : Ramesh = 20000 * 6 : x * 12.
120000/12x : 6000/3000
=> x = 120000/24 = 5000
2. A starts business with Rs. 3500 and after 5 months, B joins with A as his partner. After a year, the profit is divided in the ratio 2:3. What is B's contribution in the capital
- Rs 9000
- Rs 7000
- Rs 5000
- Rs 4000
Answer: Option A
Explanation:
Let B contribution is x.
\begin{aligned}
\frac{3500*12}{7x} = \frac{2}{3} \\
=> 14x = 126000
=> x = Rs 9000
\end{aligned}
3. 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.
4. Nirmal and Kapil started a business investing Rs. 9000 and Rs. 12000 respectively. After 6 months, Kapil withdrew half of his investment. If after a year, the total profit was Rs. 4600, what was Kapil’s share initially ?
- Rs 2300
- Rs 2400
- Rs 2500
- None of above
Answer: Option A
Explanation:
Nirmal:Kapil = 9000*12:(12000*6+6000*6) = 1:1
Kapils share = Rs. [4600 *(1/2)) = Rs. 2300
5. 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
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