Partnership Free PDF For Upcoming Prelims Exams

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Partnership Questions for upcoming Bank Prelims Exam

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Partnership Questions for upcoming Bank Prelims Exam

Partnership Questions for upcoming Bank Prelims Exam


1) P, Q and R started a business by investing in investment. At the end of one year, total profit
the ratio of 5: 3: 7. After 4 months, P invested 20 is Rs.4800 and A’s profit share is Rs.2200. Find
% more than its initial investment and R the value of x.
withdraw three- seventh of its initial A.6
investment. Find the total profit at the end of B.3
the year, if the profit share of Q is Rs. 13383? C.4
A.Rs. 51323 D.8
B.Rs. 45865 E.None of these
C.Rs. 60967 3) A, B and C started the business with the
D.Rs. 57631 investment of Rs.2500, Rs.3000 and Rs.1800
E.None of these respectively. After 6 months, B withdrew Rs.500
2) A and B started the business with the and after more 2 months, C invests Rs.500 to his
investment of Rs.6000 and Rs.8000 initial investment. At the end of one year, the
respectively. After x months, A added Rs.2000 total profit is Rs.4330, then what is the profit
and B added Rs.1000 with their initial share of B?

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Partnership Questions for upcoming Bank Prelims Exam

A.Rs.1650 invested for 9 months and 15 months


B.Rs.1750 respectively. Sri receives 20% of the profit for
C.Rs.1870 being an active partner and the remaining profit
D.Rs.1550 is shared based on their profit ratio. Find the
E.None of these total profit received, if the profit obtained by Sri
4) A received Rs.600 as a profit from the total is Rs.3120.
profit of Rs.1250 which is A and B earned at the A.Rs.4500
end of one year of the business. If A started the B.Rs.5200
business with an initial investment of Rs.7200 C.Rs.6000
and B joined with him after 2 months, then what D.Rs.3800
is the investment of B? E.None of these
A.Rs.9360
B.Rs.7820 7) P and Q entered into a business with an
C.Rs.8400 investment of Rs.2000 and Rs.3000. After
D.Rs.8260 certain months, R joined the business with an
E.Rs.9550 investment of Rs.4000 and at the end of one
5) A, B and C started the business with the year, the total profit earned is Rs.4400 and the
investment in the ratio of 4:7:9 and the profit earned by P and Q together is Rs.3000.
investments period of A, B and C is 8 months, 9 Find after how much month R entered into the
months and 6 months respectively. If the total business.
profit is Rs.7450, what is the profit share of C? A.5 months
A.Rs.2300 B.3 months
B.Rs.2100 C.7 months
C.Rs.2400 D.4 months
D.Rs.2700 E.None of these
E.None of these
8) P and Q enter into partnership with an
6) Sri and Ram entered into a partnership with investment Rs.7500 and Rs.6000 respectively.
an investment of Rs.5000 and Rs.4500 and they After 6 months, P adds 20% of additional

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Partnership Questions for upcoming Bank Prelims Exam

investment and after 3 more months Q A.Rs.6750


withdraws 2/6th of investment and R joins the B.Rs.4340
business with Rs.9000. Find the total profit of P, C.Rs.7200
Q and R together at the end of one year, if the D.Rs.5780
average of the profit earned by Q and R is E.None of these
Rs.4650.
A.Rs.24000 10) Leela and Jaya entered into a business with
B.Rs.19200 an investment of certain amount. After 3
C.Rs.27000 months, Leela withdraws 1/3rd of its investment
D.Rs.35000 and Jaya adds Rs.300. If at the end of one year,
E.None of these the total profit obtained is Rs.2100 and the
profit share of Leela is Rs.600. Find the
9) A, B and C started a business and the ratio of investment of Leela, if Jaya invested Rs.300
the investment of A and B is 3:2 and the more than Leela.
investment of C is 5/3 of the investment of A. A.Rs.900
The investment period of A, B and C is 8 months, B.Rs.1050
12 months and 9 months respectively. At the C.Rs.1200
end of the year, the profit share of C is Rs.2100, D.Rs.600
then find the total profit of the business? E.None of these

Answers with explanation


1. Answer: C Total profit = 41’s = Rs. 60967
The share of P, Q and R
= > [5*4 + 5*(120/100)*8]: [3*12]: [7*4 + 2. Answer: C
7*(4/7)*8] Profit ratio=((6000 * x) + (8000 * (12 – x))):(8000
= > 68: 36: 60 * x + (9000 * (12 – x))
= > 17: 9: 15 =(96000 – 2000x):(108000 – 1000x)
The share of Q = Rs. 13383 (96000 – 2000x)/(204000 – 3000x)=2200/4800
9’s = 13383 11 *(204000 – 3000x) = 24* (96000 – 2000x)
1’s = 13383/9 = 1487 2244000 – 33000x=2304000 – 48000x
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Partnership Questions for upcoming Bank Prelims Exam

60000=15000x 6. Answer: C
x=4 Profit ratio of Sri and Ram = (5000 * 9):(4500 * 15)
= 2:3
3. Answer: A Let the total profit received be 100x
Profit ratio of A, B and C=2500 * 12:(3000 * 6 + Profit received by Sri for being an active partner =
2500 * 6):(1800 * 8 + 2300 * 4) 100x * 20/100 = 20x
=30000:33000:23600 Remaining profit = 100x – 20x = 80x
=150:165:118 Total profit received by Sri = 20x + 80x * 2/5 = 52x
B’s profit share=165/433 * 4330=1650 52x = 3120
x = 60
4. Answer: A Total profit received = 100 * 60 = Rs.6000
Total profit = 1250
Profit share of A = 600 7. Answer: A
Profit share of B = 1250 - 600 = 650 Investment period of R = x
Profit ratio, A: B = 600: 650 = 12: 13 Profit ratio of P, Q and R = (2000 * 12) : (3000 *
Investment of A = 7200 12) : (4000 * x) = 6:9:x
Let investment of B = a (6 + 9)/x = 3000/(4400 - 3000)
Period of investment of A = 12 months 15/x = 3000/1400
Period of investment of 8 = 12 - 2 = 10 months x = 7 months
Profit ratio, A: B = 7200 * 12: a * 10 = 8640: a R joined after 5 months
Then, 12:13 = 8640: a
a = Rs.9360 8. Answer: B
Profit ratio of P, Q and R = [(7500 * 6) + (7500 *
5. Answer: D 120/100 * 6)] : [(6000 * 9) + (6000 – 6000 * 2/6) *
Profit ratio=4 * 8:7 * 9:9 * 6 3] : (9000 * 3)
=32:63:54 = (7500 * 6) + (9000 * 6) : (6000 * 9) + (4000 * 3)
C’s profit share=54/149 * 7450 : (9000 * 3)
=2700 = 99000: 66000: 27000
= 33: 22: 9

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Partnership Questions for upcoming Bank Prelims Exam

Total profit of Q and R = 22x + 9x = 31x The total profit of the business = 2100 *
31x = 4650 * 2 = 9300 (8+8+15)/15 = 2100 * 31/100
Total profit = 9300 * 64/31 = Rs.19200 = Rs.4340

9. Answer: B 10. Answer: D


The initial investment of A =3x Investment of Leela = Rs.x
The initial investment of B = 2x Investment of Jaya = Rs.x + 300
The initial investment of C = 3x * 5/3 = 5x (x * 3 + (x – x * 1/3) * 9)/((x + 300) * 3 + (x + 300
Ratio of the initial investment of A, B and C = + 300) * 9) = 600/(2100 - 600)
3x:2x:5x = 3:2:5 (3x + 2x/3 * 9)/(3x + 900 + 9x + 5400) = 2/5
Ratio of the profit share of A, B and C= 3 * 8 : 2 * 9x * 5 = (12x + 6300) * 2
12 : 5 * 9 45x – 24x = 12600
= 8:8:15 21x = 12600
x = Rs.600
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