# Partnerships Quiz Set 003

### Question 1

Three investors, A, B and C, start a business with contributions in the ratio 4:5:9. What is the share of A if the annual profit is Rs. 7200?

A

Rs. 1600.

B

Rs. 1700.

C

Rs. 1500.

D

Rs. 1800.

Soln.
Ans: a

The profits are divided in proportion to the amount invested by each party. A's share = \$4/{4 + 5 + 9}\$ × 7200 = Rs. 1600.

### Question 2

X starts a business with a capital of Rs. 800. Some months later Y joins him with a capital of Rs. 200. For how much period does Y join if the profits are shared in the ratio 16 : 1?

A

3.

B

4.

C

2.

D

5.

Soln.
Ans: a

Money-months of X are 800 × 12 = 9600. If money-months of X are 16 then money-months of Y are 1. So, if money-months of X are 9600, money-months of Y are \$1/16 × 9600\$, which gives months of Y = \${1 × 9600}/{16 × 200}\$ = 3 months.

### Question 3

A, B and C start a partnership business. A invests Rs. 400 and C invests Rs. 500. What should B have invested if it wanted to earn a share of Rs. 250 in the annual profit of Rs. 500?

A

Rs. 450.

B

Rs. 550.

C

Rs. 350.

D

Rs. 650.

Soln.
Ans: a

By inspection, the desired share is 1/2 of the annual profit. So B should have contributed half of the capital, which is \${400 + 500}/2\$ = Rs. 450.

### Question 4

A starts a venture with Rs. 50. After 7 months B also joins him. At the end of the year, the profits were shared in the ratio 5 : 19. What was the investment of B?

A

Rs. 456.

B

Rs. 556.

C

Rs. 356.

D

Rs. 656.

Soln.
Ans: a

Money-months contributed contributed by A = 50 × 12 = 600. So money months of B should be \$19/5 × 600\$, therefore, money of B = \$19/5 × 600/5\$ = Rs. 456.

### Question 5

A and B invest in a business in the ratio 6 : 19. It was decided that any loss would be shared in the inverse ratio of the investments. If the total loss is Rs. 7500, what is the burden on A?

A

Rs. 5700.

B

Rs. 5800.

C

Rs. 5600.

D

Rs. 5900.

Soln.
Ans: a

The loss is divided in the inverse ratio as their shares. So A's loss = \$19/{6 + 19}\$ × 7500 = Rs. 5700.

Updated on 2017-05-17.

Posted by Parveen(Hoven),
Aptitude Trainer