DIRECTIONS : Problems based on partnership .
1. | Reena and Shaloo are partners in a business. Reena invests Rs. 35,000 for 8 months and shaloo invests Rs.42,000 for 10 months. Out of a profit of Rs.31,570. Reena's share is |
| A. Rs.9471 | B. Rs. 12,628 |
| C. Rs.18,040 | D. Rs.18,942 |
Solution |
Ratio of their shares | =(35000 ×8):(42000 ×10) |
=2 : 3. |
Reena's share | =Rs.(31570 ×2/5) |
=Rs.12628. |
|
2. | Aman started a business investing Rs. 70,000. Rakhi joined him after six months with an amount of Rs.. 1,05,000 and Sagar joined them with Rs. 1.4 lakhs after another six months. The amount of profit earned should be distributed in what ratio among Aman, Rakhi and Sagar respectively, 3 years after Aman started the business? |
| A. 7 : 6 : 10 | B. 12 : 15 : 16 |
| C. 42 : 45 : 56 | D. cannot be determined |
Solution |
Aman : Rakhi : Sagar | =(70,000 x 36):(1,05,000 x 30):(1,40,000 x 24) |
= 12 : 15 : 16. |
|
3. | P and Q started a business investing Rs.85,000 and Rs.15,000 respectively. In what ratio the profit earned after 2 years be divided between P and Q respectively? |
| A. 3 : 4 | B. 3 : 5 |
| C. 15 : 23 | D. 17 : 3 |
Solution |
P : Q | = 85000 : 15000 |
=85 : 15 |
=17 : 3 |
|
4. | Simran started a software business by investing Rs.50,000. After six months , Nanda joined her with a capital of Rs.80,000. After 3 years , they earned a profit of Rs. 24,500. What was Simran's share in the profit? |
| A. Rs.9423 | B. Rs.10,250 |
| C. Rs.10,500 | D. Rs.14,000 |
Solution |
Simran : Nanda | =(5000x36):(80000x30) |
= 3 : 4. |
Simran's share | = Rs.(24500x3/7) |
= Rs.10,500. |
|
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? |
| A. 3 : 5 : 2 | B. 3 : 5 : 5 |
| C. 6 : 10 : 5 | D. None of these |
Solution |
Let the initial investments of A and B be 3x and 5x.
A : B : C | =(3x ×12):(5x ×12):(5x×6) |
= 36 : 60 : 30 |
= 6 : 10 : 5. |
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