Partnerships Quiz Set 004

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Question 1

A, B and C hire a coffee vending machine. A uses it for 5 hours and prepares 4 cups, B uses it for 4 hours and prepares 2 cups and C uses it for 9 hours and prepares 7 cups. If the total rent is Rs. 728, how much should A pay?

 A

Rs. 160.

 B

Rs. 170.

 C

Rs. 150.

 D

Rs. 180.

Soln.
Ans: a

Sum of the cup-hours is 4 × 5 + 4 × 2 + 9 × 7 = 91. Share of A = ${4 × 5}/91$ × 728 = Rs. 160.


Question 2

Mr. X and Mr. Y start a venture with investments in the ratio 8 : 15. After 3 months, X withdraws $1/8$th of his capital, and Y withdraws $1/15$th of his capital. If the profit at the end of 10 months is 1080, then what is the share of X?

 A

Rs. 365.

 B

Rs. 465.

 C

Rs. 265.

 D

Rs. 565.

Soln.
Ans: a

After 3 months, the ratio of their capitals is 7:14. The ratio of money-months of X and Y is ${8 × 3 + 7 × 7}/{15 × 3 + 14 × 7}$, which is $73/143$. Profit of X = $73/{73 + 143}$ × 1080 = Rs. 365.


Question 3

A, B and C start a partnership business by investing equal amounts of money. What would be the share of B if the annual profit is Rs. 9600, and the time for which they invested was in the ratio 2:3:7?

 A

Rs. 2400.

 B

Rs. 2500.

 C

Rs. 2300.

 D

Rs. 2600.

Soln.
Ans: a

The amounts are same but times are different. So the share should be in the ratio of times. Share of B = $3/{2 + 3 + 7}$ × 9600 = Rs. 2400.


Question 4

A, B and C start a partnership business by investing equal amounts of money. What would be the share of B if the annual profit is Rs. 9600, and the time for which they invested was in the ratio 1:4:7?

 A

Rs. 3200.

 B

Rs. 3300.

 C

Rs. 3100.

 D

Rs. 3400.

Soln.
Ans: a

The amounts are same but times are different. So the share should be in the ratio of times. Share of B = $4/{1 + 4 + 7}$ × 9600 = Rs. 3200.


Question 5

P, Q and R start a venture with investments of Rs. 900, Rs. 500 and Rs. 400. After 3 months R leaves the business. What is R's share in the annual profit of Rs. 18000?

 A

Rs. 1200.

 B

Rs. 1300.

 C

Rs. 1100.

 D

Rs. 1400.

Soln.
Ans: a

Sum of the money months is 900 × 12 + 500 × 12 + 400 × 3 = 18000. Share of R = ${400 × 3}/18000$ × 18000 = Rs. 1200.


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This Blog Post/Article "Partnerships Quiz Set 004" by Parveen (Hoven) is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Updated on 2017-04-07.

Posted by Parveen(Hoven),
Aptitude Trainer


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