PARTNERSHIPS - Aptitude Interview Questions with Answers

PARTNERSHIPS – Aptitude Interview Questions with Answers

This blog explains about PARTNERSHIPS – Aptitude Interview Questions with Answers and is given below :

A and B invest in a business in the ratio 3 : 2. If 5% of the total profit goes to charity and A’s share is Rs. 855, the total profit is:

A	Rs. 1425
B	Rs. 1500
C	Rs. 1537.50
D	Rs. 1576

Answer: Option B

Explanation:

Let the total profit be Rs. 100.

After paying to charity, A’s share = Rs.		95 x	3		= Rs. 57.
			5

If A’s share is Rs. 57, total profit = Rs. 100.

If A’s share Rs. 855, total profit =		100	x 855		= 1500.
		57

2 . Three partners shared the profit in a business in the ratio 5 : 7 : 8. They had partnered for 14 months, 8 months and 7 months respectively. What was the ratio of their investments?

A	5 : 7 : 8
B	20 : 49 : 64
C	38 : 28 : 21
D	None of these

Answer: Option B

Explanation:

Let their investments be Rs. x for 14 months, Rs. y for 8 months and Rs. z for 7 months respectively.

Then, 14x : 8y : 7z = 5 : 7 : 8.

Now,	14x	=	5	98x = 40y y =	49	x
	8y		7		20

And,	14x	=	5	112x = 35z z =	112	x =	16	x.
	7z		8		35		5

x : y : z = x :	49	x	:	16	x	= 20 : 49 : 64.
	20			5

3 . Simran started a software business by investing Rs. 50,000. After six months, Nanda joined her with a capital of Rs. 80,000. After 3 years, they earned a profit of Rs. 24,500. What was Simran’s share in the profit?

A	Rs. 9,423
B	Rs. 10,250
C	Rs. 12,500
D	Rs. 10,500

Answer: Option D

Explanation:

Simran : Nanda = (50000 x 36) : (80000 x 30) = 3 : 4.

Simran’s share = Rs.		24500 x	3		= Rs. 10,500.
			7

4 . A began a business with Rs. 85,000. He was joined afterwards by B with Rs. 42,500. For how much period does B join, if the profits at the end of the year are divided in the ratio of 3 : 1?

A	4 months
B	5 months
C	6 months
D	8 months

Answer: Option D

Explanation:

Suppose B joined for x months. Then,

Then,		85000 x 12	=	3
		42500 x x		1

x =		85000 x 12		= 8.
		42500 x 3

So, B joined for 8 months.

5 . Arun, Kamal and Vinay invested Rs. 8000, Rs. 4000 and Rs. 8000 respectively in a business. Arun left after six months. If after eight months, there was a gain of Rs. 4005, then what will be the share of Kamal?

A	Rs. 890
B	Rs. 1335
C	Rs. 1602
D	Rs. 1780

Answer: Option A

Explanation:

Arun : Kamal : Vinay = (8,000 x 6) : (4,000 x 8) : (8,000 x 8)

= 48 : 32 : 64

= 3 : 2 : 4.

Kamal’s share = Rs.		4005 x	2		= Rs. 890.
			9

6 . A starts business with Rs. 3500 and after 5 months, B joins with A as his partner. After a year, the profit is divided in the ratio 2 : 3. What is B’s contribution in the capital?

A	Rs. 7500
B	Rs. 8000
C	Rs. 8500
D	Rs. 9000

Answer: Option D

Explanation:

Let B’s capital be Rs. x.

Then,		3500 x 12	=	2
		7x		3

14x = 126000

x = 9000.

7 . A and B started a partnership business investing some amount in the ratio of 3 : 5. C joined then after six months with an amount equal to that of B. In what proportion should the profit at the end of one year be distributed among A, B and C?

A	3 : 5 : 2
B	3 : 5 : 5
C	6 : 10 : 5
D	Data inadequate

Answer: Option C

Explanation:

Let the initial investments of A and B be 3x and 5x.

A : B : C = (3x x 12) : (5x x 12) : (5x x 6) = 36 : 60 : 30 = 6 : 10 : 5.

8 . A, B, C subscribe Rs. 50,000 for a business. A subscribes Rs. 4000 more than B and B Rs. 5000 more than C. Out of a total profit of Rs. 35,000, A receives:

A	Rs. 8400
B	Rs. 11,900
C	Rs. 13,600
D	Rs. 14,700

Answer: Option D

Explanation:

Let C = x.

Then, B = x + 5000 and A = x + 5000 + 4000 = x + 9000.

So, x + x + 5000 + x + 9000 = 50000

3x = 36000

x = 12000

A : B : C = 21000 : 17000 : 12000 = 21 : 17 : 12.

A’s share = Rs.		35000 x	21		= Rs. 14,700.
			50

9 . A, B and C enter into a partnership in the ratio7/2 :4/3 :6/5 . After 4 months, A increases his share 50%. If the total profit at the end of one year be Rs. 21,600, then B’s share in the profit is:

A	Rs. 2100
B	Rs. 2400
C	Rs. 3600
D	Rs. 4000

Answer: Option D

Explanation:

Ratio of initial investments =		7	:	4	:	6		= 105 : 40 : 36.
		2		3		5

Let the initial investments be 105x, 40x and 36x.

A : B : C =		105x x 4 +	150	x 105x x 8		: (40x x 12) : (36x x 12)
			100

= 1680x : 480x : 432x = 35 : 10 : 9.

Hence, B’s share = Rs.		21600 x	10		= Rs. 4000.
			54

10 . A and B entered into partnership with capitals in the ratio 4 : 5. After 3 months, A withdrew of his capital and B withdrew of his capital. The gain at the end of 10 months was Rs. 760. A’s share in this profit is: