Partnerships Quiz Set 020

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Question 1

A, B and C hire a coffee vending machine. A uses it for 5 hours and prepares 8 cups, B uses it for 17 hours and prepares 4 cups and C uses it for 19 hours and prepares 3 cups. If the total rent is Rs. 990, how much should A pay?

 A

Rs. 240.

 B

Rs. 250.

 C

Rs. 230.

 D

Rs. 260.

Soln.
Ans: a

Sum of the cup-hours is 8 × 5 + 17 × 4 + 19 × 3 = 165. Share of A = ${8 × 5}/165$ × 990 = Rs. 240.


Question 2

P and Q invest in a business in the ratio 9 : 17. If 5% of the profit is donated as flood relief, and P gets Rs. 2052, what is the profit?

 A

Rs. 6240.

 B

Rs. 6241.

 C

Rs. 6239.

 D

Rs. 6242.

Soln.
Ans: a

Let the profit be 100. If share of P is 95 × $9/{9 + 17}$, the profit is 100. So if share of P is 2052, the profit should be 100 × ${9 + 17}/9 × 2052/95$ = Rs. 6240.


Question 3

A and B invest in a business in the ratio 8 : 17. If the total profit is Rs. 7500, what is the share of A?

 A

Rs. 2400.

 B

Rs. 2401.

 C

Rs. 2399.

 D

Rs. 2402.

Soln.
Ans: a

The profit is divided in the same ratio as their shares. So A's profit = $8/{8 + 17}$ × 7500 = Rs. 2400.


Question 4

A, B and C start a partnership business by investing in the ratio 2:3:7. It was agreed that (1/3)rd of the profit would be divided equally, and the remaining proportionately. What is B's share in a profit of Rs. 10800?

 A

Rs. 3000.

 B

Rs. 3100.

 C

Rs. 2900.

 D

Rs. 3200.

Soln.
Ans: a

Profit to be proportioned is $(2 × 10800)/3$ = 7200. B's share in this is $(3 × 7200)/(2 + 3 + 7)$ = Rs. 1800. To this add 1/9 of the profit = 10800/9 = 1200. The total share = Rs. 3000.


Question 5

A, B and C start a partnership business. A invests Rs. 800 and C invests Rs. 500. What should B have invested if it wanted to earn a share of Rs. 350 in the annual profit of Rs. 700?

 A

Rs. 650.

 B

Rs. 750.

 C

Rs. 550.

 D

Rs. 850.

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 ${800 + 500}/2$ = Rs. 650.


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This Blog Post/Article "Partnerships Quiz Set 020" by Parveen (Hoven) is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Updated on 2017-05-17.

Posted by Parveen(Hoven),
Aptitude Trainer


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