Bank Paper Partnership

Partnership

1. Prabha started a business investing Rs 32000. After 5 months, Amit joined her with a capital of Rs 22000. At the end of the year, the total profit was Rs 16409. What is Prabha’s share of the profit?

(1)   Rs 5284

(2)   Rs 11712

(3)   Rs 10182

(4)   Rs 4697

(5)   None of these

Answer: (2)

2. P, Q and R invested Rs. 45000, Rs 70000 and Rs 90000 respectively to start a business. At the end of 2 yr, they earned a profit of Rs 164000. What will be Q’s share in the profit?

(1)   Rs 56000

(2)   Rs 35000

(3)   Rs 72000

(4)   Rs 64000

(5)   None of these

Answer: (1)

3. Prakash, Sunil and Anil started a business jointly investing Rs 11 lakh, Rs 16.5 lakh and Rs 8.5 lakh respectively. The profit earned by them in the business at the end of 3 yr was 19.5 lakh. What will be the 50% of Anil’s share in the profit?

(1)   Rs 4.5 lakh

(2)   Rs 2.25 lakh

(3)   Rs 2.5 lakh

(4)   Rs 3.75 lakh

(5)   None of these

Answer: (2)

4. Tanvi started a business, investing Rs 45000. After 8 months Anisha joined her with a capital of Rs 52000. At the end of the year, the total profit was Rs 56165. What is the share of the profit of Anisha?

(1)   Rs 21450

(2)   Rs 24440

(3)   Rs 27635

(4)   Rs 31765

(5)   None of these

Answer: (5)

5. Meenakshi started a business investing Rs 12000. After 5 months Abhay joined her with a capital of Rs 9000. At the end of the year the total profit was Rs 4416. What is the share of profits of Meenakshi?

(1)   Rs 1344

(2)   Rs 3364

(3)   Rs 3072

(4)   Rs 2568

(5)   None of these

Answer: (3)

6. Shanker started a business with an investment of Rs 120000. After 3 months Awani joined him with Rs 190000. At the end of year, they earned a profit of Rs 175000000. What is the share of Awani in the profit?

(1)   Rs 80000000

(2)   Rs 85000000

(3)   Rs 90000000

(4)   Rs 95000000

(5)   None of these

Answer: (4)

7. Samiara, Mahira and Kiara rented a set of DVDs at a rent of Rs 578. If they used it for 8 hr, 12 h and 14 h respectively, what is Kiara’s share of rent to be paid?

(1)   Rs 238

(2)   Rs 204

(3)   Rs 192

(4)   Rs 215

(5)   None of these

Answer: (1)

8. Four milkmen rented a pasture. A grazed 15 cows for 4 months, B grazed 12 cows for 2 months, C grazed 18 cows for 6 months and D grazed 16 cows for 5 months. If A’s share of rent is Rs 10020, what is C’s share of rent?

(1)   Rs 1836

(2)   Rs 1360

(3)   Rs 816

(4)   Cannot be determined

(5)   None of these

Answer: (1)

9. Pankaj started a business investing Rs 42000. After 4 months Nitin joined him with a capital of Rs 57000. At the end of the year, the total profit was Rs 26000. What is the difference between the share of profits of Pankaj and Nitin?

(1)   Rs 1200

(2)   Rs 1400

(3)   Rs 1600

(4)   Rs 1800

(5)   None of these

Answer: (5)

10. Sarita started a business investing Rs 50000. After 6 months. Abhishek joined her with Rs 75000. After another 6 months, Nisha joined them with Rs 1.25 lakh. Profit earned at the end of 2 yr from when Sarita started the business should be distributed among Sarita, Abhishek and Nisha in what respective ratio?

(1)   4 : 5 : 6

(2)   8 : 9 : 10

(3)   8 : 9 : 12

(4)   4 : 5 : 8

(5)   None of these

Answer: (2)

11. Arun started a business investing Rs 38000. After 5 months Bakul joined him with a capital of Rs 55000. At the end of the year, the total profit was Rs 22000. What is the approximate difference between the share of profits of Arun and Bakul?

(1)   Rs 1192

(2)   Rs 1856

(3)   Rs 1007

(4)   Rs 1928

(5)   Rs 1568

Answer: (2)

Directions (Q. No. 12) In the following question, followed by two statements A and B are given. You have to read  both the statements and give answer

(1) if statement A alone is sufficient to answer the question

(2) if statement B alone is sufficient to answer the question

(3) if both the statements independently  are sufficient to answer the question

(4) if both the statements are not sufficient to answer the question.

(5) if both the statements together are sufficient to answer the question

12. What is Nikita’s share in the profit of Rs 50000 earned in the business run by her in partnership with Sahrmila?

A. Nikita invested an amount 150% of the amount invested by Sharmila.

B. The amount invested by Sharmila is two-thirds of the amount invested by Nikita.

Answer: (3)

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