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Partnership Solved Questions For IBPS, SBI and Other Bank Exams - Page 2

You will find 15 problems in 4 pages..

Partnership Problems Solved Questions (Page 2 of 4)

Question 1
Prakash and Praveen started a business by investing Rs.1500 and Rs.8500 respectively.Find in what ratio will they divide their profit.
a) 15:17 b) 5:7 c) 3:17 d) 5:19
Answer: c) 3:17

Solution:

We know that, ratio of the investments = ratio of share
Investment of Prakash and Praveen is Rs.1500 and 8500 respectively.
Then the ratio of the investments = 1500 : 8500 = 3:17
Hence the answer is 3:17


Question 2

Mr.A and Mr.B started a business by investing Rs.20,000 and Rs.50,000 respectively. Out of the profit Rs.77,000 the share of Mr.B is :
a) Rs.50000 b) Rs.57000 c) Rs.55000 d) Rs.56000
Answer: c)Rs.55000

Solution:

Mr.A's investment : Mr.B's investment = Rs.20,000 : Rs.50,000 = 2:5
The total profit is Rs.77,000.
Then Mr.B's share = 5 x 77000 / 7 = 55,000.
Hence, the answer is Rs.55000


Question 3

The profit of Rs.1,32,000 was earned in a business by Kunal and Vishal by investing Rs.12,000 and Rs.48,000.How much amount will each get from the profit?
a) Rs.1,05,600 & Rs.26,400 b) Rs.1,00,400 & Rs.31,600 c) Rs.80,000 & Rs.52000 d) Rs.1,06,000 & Rs.26,000

Answer : a) Rs.1,05,600 & Rs.26,400

Solution:

Kunal and Vishal has invested = 12,000 : 48,000
= 1:4

Therefore, Kunal's share = 1/5 x 1,32,000 = Rs.26,400
And vishal's share = 4/5 x 1,32,000 = Rs.1,05,600
Hence the answer is Rs.1,05,600 & Rs.26,400


Question 4
Find the difference between the shares of Ravi and Karthick who have started a business by investing Rs.7000 and Rs.21000 respectively and earned a profit of Rs.36,000.

a)Rs.15000 b) Rs.18000 c) Rs.17000 d) Rs.9000

Answer: b) Rs.18000

Solution:
Investment of Ravi and Karthick = 7000 : 21000
= 1:3
Ravi's share = 1/4 x 36,000 = Rs.9000
Karthick's share = 3/4 x 36000 = Rs.27,000
Then the required difference = Rs.(27,000 - 90000) = Rs.18,000
Hence the answer is option b.


Partnership Problems Solved Questions (Page 2 of 4)

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