Partnership Quiz for IBPS, SBI, RBI: Quiz – 8

Partnership Quiz for IBPS, SBI, RBI: Quiz -8

Partnership Questions are included in almost every bank and competitive exam. Once you’ve learned the Partnership tricks, you’ll be able to answer questions fast and effectively without wasting time. So, here we bring to you Partnership Quiz with detailed explanation. This Partnership Quiz is completely free. This Partnership Quiz is based on the latest or updated exam pattern. Candidates should aim to solve as much of this Partnership Quiz as feasible before taking any competitive exams. If aspirants take their time and thoroughly solve this Partnership Quiz, they will get a good mark in their upcoming examinations.

1. A invest Rs. 288 more than B in a business but B has invested his capital for 7 months while A has invested his capital for 4 months. If the share of A is Rs. 42 more than that of B out of total profit is Rs. 358. Find the amount invested by B.
(a)Rs. 237
(b)Rs 140
(c)Rs 242
(d)Rs 232
(e)None of these

Answer & Explanation

2. ‘A’ started a business along with ‘B’ with different amount. After one year ‘A’ leave the business, B increases his investment to 20% and C joins the business. Next year, B leave the business A joined back with 25% more amount than his initial investment and C increases his investment to 10%. After three years the profit is calculated and out of the total profit of Rs 2156, A got Rs 882, B got Rs 588 and C got the remaining amount. If the difference between initial investment of B and C is 900, find the initial investment of A?
(a) 5670
(b) 5940
(c) 4500
(d) 7530
(e) None of these

Answer & Explanation

3. Three partners A, B and C invested their amounts in ratio of 3 : 5 : 7. At the end of four months, A invests some amount such that, his total investment will be equal to C’s initial investment if C’s share in profit is Rs 3150. Then total annual profit will be ?
(a) 8150
(b) 7950
(c) 8000
(d) 7500
(e) None of these

Answer & Explanation

4. A, B and C enter into a partnership by investing Rs.3600, Rs.4400 and Rs.2800. A is a working partner and gets a fourth of the profit for his services and the remaining profit is divided among the three in the ratio of their investments. What is the amount of profit that B gets if A gets a total of Rs. 1800?
(a) Rs. 1200
(b) Rs. 1100
(c) Rs. 1300
(d) Rs. 1400
(e) None of these

Answer & Explanation

5. X and Y entered into partnership with Rs. 700 and Rs. 600 respectively. After 3 months, X withdrew two-sevenths of his stock but after 3 months, he puts back three-fifths of what he had withdrawn. The profit at the end of the year is Rs. 726. How much of this should x receive?
(a) Rs. 336
(b) Rs. 366
(c) Rs. 633
(d) Rs. 663
(e) none of these

Answer & Explanation

6. If ratio of investment of A, B and C are in the ratio 3 : 5 : 8 and the time of investment of A, B and C are 100/3%,80% and 25% respectively of their investment, and profit of A is 4800 then what will be the profit of C. (in Rs.)
(a) 25,600
(b) 15,600
(c) 24,800
(d) 22,500
(e) 26,700

Answer & Explanation

7. A, B and C started a business by investing Rs. 20000, Rs. 28000 and Rs. 36000 respectively. After 6 months, A and B withdrew an amount of Rs. 8,000 each and C invested an additional amount of Rs. 8,000. All of them invested for equal period of time. If at the end of the year, C got Rs. 12,550 as his share of profit, what was the total profit earned?
(a) Rs. 25,100
(b) Rs. 26,600
(c) Rs. 24,300
(d) Rs. 22,960
(e) Rs. 21.440

Answer & Explanation

8. Ramesh, Rajan and Ritesh enter into partnership by making investments in the ratio 3 : 5 : 7. After a year, Ritesh invests another Rs. 337600 while Ramesh withdraws Rs. 45600. The ratio of investments then changes to 24 : 59 : 167. How much did Ramesh invest initially?
(a) Rs. 45600
(b) Rs. 96000
(c) Rs. 141600
(d) Rs. 156000
(e) None of these

Answer & Explanation

9. L, M and N started a business with their investments in the ratio of 1 : 3 : 5. After 6 months L invested one-third more amount and M invested as much more amount as before while N withdrew 1/5th of his investment. Find the ratio of their profits at the end of the year.
(a) 9 : 23 : 29
(b) 7 : 27 : 27
(c) 7 : 27 : 23
(d) 8 : 15 : 27
(e) 7 : 21 : 27

Answer & Explanation

10. M, P and Q together started a business. M invested Rs. 6,500 for 6 months, P invested Rs. 8,400 for 5 months and Q invested Rs. 10,000 for 3 months. M is working member for which he gets 5% of total profit extra. If the total gain is Rs. 7,400, then Q’s share is:
(a) Rs. 1,900
(b) Rs. 2,100
(c) Rs. 3,200
(d) Data are incomplete
(e) None of these

Answer & Explanation

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