Simple partnership related questions for State Bank of India bank exams. Solve these simple aptitude questions for training of bank exams.
1. A and B started a business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, C joined them with Rs. 20,000. What will be B's share in total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business?
A. Rs. 7500
B. Rs. 9000
C. Rs. 9500
D. Rs. 10,000
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
3. Arun, Kamal and Vinay invested Rs. 8000, Rs. 4000 and Rs. 8000 respectively in a business. Arun left after six months. If after eight months, there was a gain of Rs. 4005, then what will be the share of Kamal?
A. Rs. 890
B. Rs. 1335
C. Rs. 1602
D. Rs. 178
4. A and B invest in a business in the ratio 3 : 2. If 5% of the total profit goes to charity and A's share is Rs. 855, the total profit is:
A. Rs. 1425
B. Rs. 1500
C. Rs. 1537.50
D. Rs. 1576
5. A, B and C enter into a partnership in the ratio : : . After 4 months, A increases his share 50%. If the total profit at the end of one year be Rs. 21,600, then B's share in the profit is:
A. Rs. 2100
B. Rs. 2400
C. Rs. 3600
D. Rs. 4000
6. A began a business with Rs. 85,000. He was joined afterwards by B with Rs. 42,500. For how much period does B join, if the profits at the end of the year are divided in the ratio of 3 : 1?
A. 4 months
B. 5 months
C. 6 months
D. 8 months
7. 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. 9,423
B. Rs. 10,250
C. Rs. 12,500
D. Rs. 10,500
8. A and B entered into partnership with capitals in the ratio 4 : 5. After 3 months, A withdrew of his capital and B withdrew of his capital. The gain at the end of 10 months was Rs. 760. A's share in this profit is:
A. Rs. 330
B. Rs. 360
C. Rs. 380
D. Rs. 430
9. A and B started a partnership business investing some amount in the ratio of 3 : 5. C joined then 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 among A, B and C?
A. 3 : 5 : 2
B. 3 : 5 : 5
C. 6 : 10 : 5
D. Data inadequate
10 A, B and C jointly thought of engaging themselves in a business venture. It was agreed that A would invest Rs. 6500 for 6 months, B, Rs. 8400 for 5 months and C, Rs. 10,000 for 3 months. A wants to be the working member for which, he was to receive 5% of the profits. The profit earned was Rs. 7400. Calculate the share of B in the profit.
A. Rs. 1900
B. Rs. 2660
C. Rs. 2800
D. Rs. 284
Answers:
1. A 2. B 3. A 4. B 5. D
6. D 7. D 8. A 9. C 10. B
1. A and B started a business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, C joined them with Rs. 20,000. What will be B's share in total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business?
A. Rs. 7500
B. Rs. 9000
C. Rs. 9500
D. Rs. 10,000
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
3. Arun, Kamal and Vinay invested Rs. 8000, Rs. 4000 and Rs. 8000 respectively in a business. Arun left after six months. If after eight months, there was a gain of Rs. 4005, then what will be the share of Kamal?
A. Rs. 890
B. Rs. 1335
C. Rs. 1602
D. Rs. 178
4. A and B invest in a business in the ratio 3 : 2. If 5% of the total profit goes to charity and A's share is Rs. 855, the total profit is:
A. Rs. 1425
B. Rs. 1500
C. Rs. 1537.50
D. Rs. 1576
5. A, B and C enter into a partnership in the ratio : : . After 4 months, A increases his share 50%. If the total profit at the end of one year be Rs. 21,600, then B's share in the profit is:
A. Rs. 2100
B. Rs. 2400
C. Rs. 3600
D. Rs. 4000
6. A began a business with Rs. 85,000. He was joined afterwards by B with Rs. 42,500. For how much period does B join, if the profits at the end of the year are divided in the ratio of 3 : 1?
A. 4 months
B. 5 months
C. 6 months
D. 8 months
7. 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. 9,423
B. Rs. 10,250
C. Rs. 12,500
D. Rs. 10,500
8. A and B entered into partnership with capitals in the ratio 4 : 5. After 3 months, A withdrew of his capital and B withdrew of his capital. The gain at the end of 10 months was Rs. 760. A's share in this profit is:
A. Rs. 330
B. Rs. 360
C. Rs. 380
D. Rs. 430
9. A and B started a partnership business investing some amount in the ratio of 3 : 5. C joined then 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 among A, B and C?
A. 3 : 5 : 2
B. 3 : 5 : 5
C. 6 : 10 : 5
D. Data inadequate
10 A, B and C jointly thought of engaging themselves in a business venture. It was agreed that A would invest Rs. 6500 for 6 months, B, Rs. 8400 for 5 months and C, Rs. 10,000 for 3 months. A wants to be the working member for which, he was to receive 5% of the profits. The profit earned was Rs. 7400. Calculate the share of B in the profit.
A. Rs. 1900
B. Rs. 2660
C. Rs. 2800
D. Rs. 284
Answers:
1. A 2. B 3. A 4. B 5. D
6. D 7. D 8. A 9. C 10. B
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