Partnership Questions

Multiple choice
  1. $Rs. 3600$
  2. $Rs. 2700$
  3. $Rs. 1800$
  4. $Rs. 4200$
  5. $None of these$
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Monu gets 25% of Rs. 6000 as active partner = Rs. 1500. Remaining Rs. 4500 is divided in investment ratio 4:6 (Raju:Monu). Monu's share = (6/10) × 4500 = Rs. 2700. Total Monu receives = 1500 + 2700 = Rs. 4200.

Multiple choice
  1. The data in statement I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question

  2. The data in statement II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the question

  3. The data either in statement I alone or in statement II alone is sufficient to answer the question

  4. The data given in both statements I and II together are not sufficient to answer the question and

  5. The data given in both statements I and II together are necessary to answer the question.

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

From Statement I: X + Z = 2Y and X:Y = 4:5. If Y = 9000, then X = 7200 and Z = 10800. We have investment ratios but no information about total profit or individual time periods for profit distribution. Statement II only gives time relationships without actual values. Together, they're still insufficient as we don't know Z's time period or total profit.

Multiple choice
  1. Rs. 1,500

  2. Rs. 2,100

  3. Rs. 1,800

  4. Rs. 150

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The total investment is Rs. 10,000 + Rs. 14,000 + Rs. 12,000 = Rs. 36,000. B's share of the total investment is 14,000/36,000 = 7/18. Therefore, B's share of the profit is (7/18) × Rs. 5,400 = Rs. 2,100. Option B is correct. Option A (Rs. 1,500) would be incorrect - it's not proportional to B's investment. Option C (Rs. 1,800) is incorrect. Option D (Rs. 150) is far too low.

Multiple choice
  1. 2800

  2. 4800

  3. 3200

  4. 5600

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

A and B invest in ratio 9:7, so their profit shares are in ratio 9:7. Total profit parts = 9 + 7 = 16. After 10% charity, 90% remains for distribution. B's share is 7/16 of 90% of total profit. B's share = (7/16) × 0.9 × Total = Rs. 1260. Therefore, Total = 1260 × 16/(7 × 0.9) = 1260 × 16/6.3 = Rs. 3200.

Multiple choice
  1. Rs. 8340

  2. Rs. 11120

  3. Rs. 13900

  4. Rs. 19300

  5. None of these इनमें से कोई नहीं

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Let total profit be P. Shivam gets P/10. Remaining profit is 9P/10, divided between Harshit and Anupam in ratio 1.25:1 = 5:4. Harshit gets (5/9)(9P/10) = P/2, Anupam gets (4/9)(9P/10) = 2P/5. Difference: Anupam - Shivam = 2P/5 - P/10 = 4P/10 - P/10 = 3P/10 = 8340. So P = 8340 × 10/3 = Rs. 27800. Harshit's share = P/2 = 27800/2 = Rs. 13900.

Multiple choice

Each of these questions consists of a question followed by informations in three statements. You have to study the question and the statements and decide that information in which of the statement(s) is/are necessary to answer the question. In a business of partnership. What is the difference between the share of R and T? I. R's investment is Rs. 70000 more than T's investment. II. The ratio between the period of investment is 4 : 3. III. R withdrew 10% of his investment after spending of 90% of total period. नीचे प्रत्येक प्रश्न में, एक प्रश्न और उसके बाद तीन कथनों में जानकारी दी गई है आप प्रश्ना और कथनों का अध्ययन कीजिए और यह तय कीजिये कि कौनसा/से कथनों में दी गई जानकारी प्रश्न का उत्तर देने के लिए आवश्यक है/हैं। एक साझीदारी के व्यापार में हुए लाभ में R और T के हिस्सों में कितना अंतर है? I. R का निवेश T के निवेश से 70000 रू. अधिक है। II. R और T के निवेश की अवधियों में अनुपात 4 : 3 है। III. R ने कुल अवधि का 90% बीत जाने पर अपने निवेश का 10% वापस ले लिया।

  1. All three together are not sufficient तीनो एक साथ पर्याप्त नहीं हैं

  2. All three together are sufficient तीनो एक साथ पर्याप्त हैं

  3. I and II or III I तथा II या III

  4. Any two कोई भी दो

  5. None of these इनमे से कोई नहीं

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Let R and T have investments I_R and I_T for periods T_R and T_T. I gives I_R = I_T + 70000. II gives T_R : T_T = 4 : 3. III says R withdrew 10% of investment after 90% of period. However, we are never told the total profit amount or whether profits are shared in proportion to investment × time. Without knowing the total profit to be distributed, we cannot determine the actual difference in shares - we can only find the ratio of their shares.

Multiple choice
  1. All three together are sufficient तीनों एक साथ पर्याप्त हैं

  2. Only II and III केवल II और III

  3. Only I and II केवल I और II

  4. Only III and either I or II केवल III और या तो I या II

  5. None of these इनमें से कोई नहीं

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Let Y's investment be y. Statement I says X + Z = 2y. Statement II says X/Y = 4/5, so X = 4y/5. From I: Z = 2y - X = 2y - 4y/5 = 6y/5. Statement III says X + Y + Z = 60 lakhs. Substituting: 4y/5 + y + 6y/5 = 60, (4y + 5y + 6y)/5 = 60, 15y/5 = 60, y = 20. All three statements are needed to determine Y's share.

Multiple choice
  1. 13920

  2. 12820

  3. 13465

  4. Data is insufficient डाटा अपर्याप्त है

  5. None of these इनमें से कोई नहीं

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The problem gives capital amounts and changes for P, Q, R, but asks for total profit with only the condition that Q received two-thirds of total profit. However, without knowing the actual profit amount or profit ratio, we cannot calculate the total profit. The capital ratios can be calculated, but profit depends on total profit which is not given. Option D is correct.

Multiple choice
  1. 720

  2. 360

  3. 480

  4. 560

  5. None of these इनमे से कोई नही|

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Capitals are in ratio 2:7:9. Time periods are reciprocals of amounts invested, so time ratios are 1/2:1/7:1/9 = 63:18:14 (when expressed with common denominator 126). Profit sharing ratio = Capital × Time = 2×63 : 7×18 : 9×14 = 126 : 126 : 126 = 1:1:1. All partners share equally, so each gets 2160/3 = Rs 720. The partner with highest capital (invested 9 parts) gets Rs 720.

Multiple choice
  1. 3250

  2. 3350

  3. 3150

  4. 3050

  5. None of these इनमे से कोई नही

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Let the total profit be x. 60% of profit (0.6x) is divided equally, so each partner gets 0.3x from this portion. Remaining 40% profit (0.4x) is divided in investment ratio 25000:17000 = 25:17. Partner A gets (25/42) × 0.4x = 10x/42 and Partner B gets (17/42) × 0.4x = 6.8x/42. Total for A = 0.3x + 10x/42 = 12.6x/42 + 10x/42 = 22.6x/42. Total for B = 0.3x + 6.8x/42 = 12.6x/42 + 6.8x/42 = 19.4x/42. Difference = 3.2x/42 = 16x/210 = 8x/105. Given difference is Rs 240, so 8x/105 = 240, x = 240 × 105/8 = 3150.

Multiple choice
  1. 3.36

  2. 3.64

  3. 3.38

  4. 3.84

  5. None of these इनमें से कोई नहीं

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Quarterly investments over 4 quarters: A changes 8→4→2→1 (sum 17), B changes 3→6→12→24 (sum 45), C stays 9→9→9→9 (sum 36). Profit ratio 17:45:36. B's share is 45/98 of total. 1.8 = (45/98) × Total, so Total = 3.84 lakh.

Multiple choice
  1. 34410 Rs 34410 रुपये

  2. 31110 Rs 31110 रुपये

  3. 33010 Rs 33010 रुपये

  4. 34010 Rs 34010 रुपये

  5. None of These इनमे से कोई नहीं

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Investment periods: X invested 22000 for 6 months, Y invested 25000 for 12 months, Z invested (25000-30%=17500) for 6 months. Profit ratio: 22000×6 : 25000×12 : 17500×6 = 132000 : 300000 : 105000 = 44:100:35. If Z's share is 6650 (35 parts), then total profit = (6650/35)×(44+100+35) = 190×179 = 34010.

Multiple choice
  1. Rs.7500

  2. Rs.76800

  3. Rs.8550

  4. Rs.8210

  5. None of these इनमें से कोई नहीं

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

A invested for 24 months, B for 18 months, C for 12 months. Ratio of investments: A:B:C = 34800×24 : 43500×18 : 58000×12 = 835200 : 783000 : 696000 = 8352:7830:6960 = 4176:3915:3480. B's share = (3915/11571)×25270 = Rs. 8550 (approximately). Option C matches.

Multiple choice
  1. Only I and II केवल I और II

  2. Only I and III केवल I और III

  3. Any two कोई दो

  4. All सभी

  5. None of these इनमें से कोई नही

Reveal answer Fill a bubble to check yourself
E Correct answer
Explanation

From I: X:Y capital ratio = 3:5. From II: X invested for 2 months more than Y. From III: Y's profit = X's profit - 1000. Let X invested 3k for (t+2) months, Y invested 5k for t months. Profit sharing ratio = 3k(t+2) : 5kt = 3(t+2) : 5t. Total profit = X + Y = X + (X - 1000) = 2X - 1000. We don't know the actual profit amounts or time values. With I, II, and III: We can find profit ratio but need absolute profit value to determine X's share. None of the statement combinations give us complete information.