Question Detail

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

1. 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}

2. A started a business with Rs.21,000 and is joined afterwards by B with Rs.36,000. After how many months did B join if the profits at the end of the year are divided equally?

Answer: Option B

Explanation:

Suppose B joined after x months
then,
21000*12=36000*(12-x)
=> 36x = 180
=> x = 5

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. 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

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}