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Question Detail
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.
1. A, B and C invested Rs. 8000, Rs. 4000 and Rs. 8000 respectively in a business. A left after six months. If after eight months, there was a gain of Rs. 4005, then what will be the share of B?
- Rs 690
- Rs 790
- Rs 890
- Rs 990
Answer: Option C
Explanation:
A:B:C = (8000*6):(4000*8):(8000*8)
= 48:32:64
= 3:2:4
So B share = (2/9)*4005 = Rs 890
2. Yogesh started a business investing Rs. 45000. After 3 months, Pranab joined him with a capital of Rs. 60000. After another 6 months, Atul joined them with a capital of Rs. 90000. At the end of the year, they made a profit of Rs. 20000. What would be Atuls share in it?
- Rs 7000
- Rs 6000
- Rs 5000
- Rs 4000
Answer: Option D
Explanation:
Just take care of the months of investment, rest all will be simple.
Yogesh:Pranab:Atul = 45000*12:60000*9:90000*3
= 2:2:1
Atul's share = Rs. 20000 * (1/5) = Rs. 4000
3. Anand and Deepak started a business investing Rs.22,500 and Rs.35,000 respectively. Out of a total profit of
Rs. 13,800. Deepak's share is
- Rs 9600
- Rs 8500
- Rs 8450
- Rs 8400
Answer: Option D
Explanation:
Ratio of their shares = 22500 : 35000
=9 : 14
Deepak's share = Rs.(13800×14/23)
= Rs. 8400
4. Rahul and Bharti are partners in a business. Rahul contributes 1/4th capital for 15 months and Bharti received 2/3 of profit. For how long Bharti money was used.
- 8 months
- 10 months
- 11 months
- 17 months
Answer: Option B
Explanation:
Let the total profit be Rs. Z
Bharti's share = (2/3)Z
Rahul's Share = Z-(2/3)Z = Z/3
Rahul:Bharti = Z/3:(2/3)Z = 1:2
Now let the total capital be Rs X, and Bharti capital was used for Y months
then, Rahul capital will be (1/4)X and Bharti capital wil be X-(1/4)X = 3X/4
\begin{aligned}
\frac{\frac{1}{4}X*15}{\frac{3}{4}X*Y}= \frac{1}{2} \\
Y = \frac{15*2}{3} = 10
\end{aligned}
So Bharti's money was used for 10 months
5. P and Q started a business investing Rs 85000 and Rs 15000 resp. In what ratio the profit earned after 2 years be divided between P and Q respectively.
- 17:5
- 17:3
- 17:6
- 17:7
Answer: Option B
Explanation:
In this type of question as time frame for both investors is equal then just get the ratio of their investments.
P:Q = 85000:15000
= 85:15
= 17:3
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