Partnership Quiz for SBI CLERK, RRB PO & RRB CLERK : Quiz – 7

Partnership Quiz for SBI CLERK, RRB PO & RRB CLERK: Quiz -7

Every bank and other competitive exam have a section on Partnership in Quantitative aptitude. Once you’ve learned the Partnership tricks, you’ll be able to solve questions quickly and efficiently without wasting any time. So, we are providing you a Partnership Quiz that includes a full explanation. This Partnership Quiz is entirely free of charge. Before appearing for any competitive exams, candidates must try to solve this Partnership Quiz as much as possible. Aspirants can obtain a good score if they take their time and thoroughly complete this Partnership Quiz.

1. P and Q started a business by investing Rs. 45,000 and Rs. 54,000 respectively. After four months R joined the business with a capital of Rs. 30,000. After two more months Q left the business with his capital. At the end of the year P got a share of Rs. 13,500 in the profit. What is the total profit earned?
(a) Rs 26800
(b) Rs 27600
(c) Rs 28600
(d) Rs 29200
(e) Rs 32300

Answer & Explanation

2. P and Q entered into partnership investing Rs 12000 and Rs 16000 respectively. After 8 months, R also joins the business with a capital of Rs 15000. The share of R in a profit of Rs 45600 after 2 years will be :
(a) 24000
(b) 16000
(c) 12000
(d) 11400
(e) 32000

Answer & Explanation

3. If ratio of investment 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 value of investment, and profit of A is 4800 then what will be the profit of C.
(a) 25,600
(b) 15,600
(c) 24,800
(d) 22,500
(e) 26,700

Answer & Explanation

4. P, Q and R enter into a partnership business. Q invested 25% more than P and R invested 20% more than Q. P invested only for starting eight months. After six months of starting the business, Q and R withdraw 1/5th and 100/3 %of their investment. At the end of the year, ‘P’ gets 25% of total profit for managing business and remaining profit distributed among three according to their investments. If profit share of P is Rs. 1860 more than profit share of R, then find the profit share Q?
(a) 4840 Rs
(b) 4860 Rs.
(c) 4890 Rs.
(d) 4820 Rs.
(e) 4800 Rs.

Answer & Explanation

5. P, Q and R entered into a partnership with their initial capital in the ratio of 3 : 5 : 8 respectively. After third month P withdrew 1/3rd of his initial capital and Q withdraw half of his initial capital. After six months more ‘P’ increased his capital by 100%, ‘Q’ increased by 300% and R increased by 25%. If at the end of an year, difference between profit share of Q and R was Rs. 7000, then find profit share of P?
(a) 5500 Rs.
(b) 5000 Rs.
(c) 6500 Rs.
(d) 5200 Rs.
(e) 4500 Rs.

Answer & Explanation

6. V and S started a business by investing in the ratio 2 : 3. After 8 months, V invested half of his initial amount more and S withdraw 1/3rd of his initial amount. After a year D joined them with the capital of Rs. 6000. If at the end of second year D got Rs. 2700 as profit share out of total profit of Rs. 9450, then find the initial investment of V and S respectively?
(a) 1600 Rs. and 2400 Rs.
(b) 1200 Rs. and 1800 Rs
(c) 3000 Rs. and 4500 Rs.
(d) 1800 Rs. and 2700 Rs.
(e) 2000 Rs. And 3000 Rs.

Answer & Explanation

7. R invested 30% less than C, who invested 20% less than P in partnership for first eight months. If for next four months R, C and P withdraw 2/7,2/5 and 1/5 of their initial capital respectively, and C got Rs. 2800 more as profit than R, find sum of profit share of C and P?
(a) Rs. 29700
(b) Rs. 25800
(c) Rs. 26600
(d) Rs. 24400
(e) Rs. 28600

Answer & Explanation

8. ‘A’ and ‘B’ started a business together. ‘A’ invested (P + 250) initially while ‘B’ invested ‘1.5P’ initially. ‘A’ invested Rs. 1000 more after every 4 months while ‘B’ invested Rs. 500 more after every quarter. After an year ‘A’ got 46% of total profit then find the amount invested by ‘B’ in 3rd quarter?
(a) 3300
(b) 3800
(c) 4300
(d) 4800
(e) 5300

Answer & Explanation

9. A, B and C entered in a business for one year, 8 months and 9 months respectively. A and C earn a profit of 10,000 and 20,000 from the total profit of 55000 after one year. If ‘A’ invest 1,50,000 initially then find the difference between investment of B and C.
(a) 162500
(b) 400000
(c) 250000
(d) can’t be determined
(e) 190000

Answer & Explanation

10. A and B started a business with the investments in the ratio of 5 : 3 respectively. After 6 months from the start of the business, C joined them and the respective ratio between the investments of B and C was 2 : 3. If the annual profit earned by them was Rs. 12300, what was the difference between B’s share and C’s share in the profit?
(a) Rs. 900
(b) Rs. 800
(c) Rs. 600
(d) Rs. 400
(e) Rs. 700

Answer & Explanation

 

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