Partnership - Quantitative Aptitude (MCQ) questions

1)   P gave Rs. 12000 for starting a business. Q gave Rs. 16000. What will be share of profit of R after 2 years, if R comes after 8 months with his Rs. 15000 and profit earned by P, Q and R is Rs. 45600?
- Published on 03 May 17

a. Rs. 24000
b. Rs. 12000
c. Rs. 6000
d. Rs. 18000
Answer  Explanation 

ANSWER: Rs. 12000

Explanation:
partnership


2)   Rs. 15000 were invested by Ram and Shyam together to start a small business. They got a profit of Rs. 2000 at the end of the year. Shyam took his profit share of Rs. 600. How much did Ram invest?
- Published on 03 May 17

a. Rs. 9000
b. Rs. 4500
c. Rs. 10500
d. Rs. 11000
Answer  Explanation 

ANSWER: Rs. 10500

Explanation:
partnership


3)   Jay, Veeru and Basanti start a travel agency. Jay contributes Rs. 9100, while Veeru and Basanti invest Rs. 6825 and Rs. 8190 respectively. If Jay, Veeru and Basanti invest for 3 months, 2 months and 5 months respectively. How much will Veeru get out of total profit of Rs. 4158?
- Published on 03 May 17

a. Rs. 693
b. Rs. 1036
c. Rs. 986
d. Rs. 1247
Answer  Explanation 

ANSWER: Rs. 693

Explanation:
partnership


4)   Neil started a business and Michael joined him after 2 months. Neil spent Rs. 30,000 while Michael spent Rs. 45,000. Their one year profit came out to Rs. 54000. How much profit will Neil get?
- Published on 03 May 17

a. Rs. 24000
b. Rs. 30000
c. Rs. 27000
d. Rs. 20000
Answer  Explanation 

ANSWER: Rs. 24000

Explanation:
partnership


5)   A small library is started by Prakash and John. Prakash invests Rs. 2000 and John Rs. 5000 for 9 and 7 months respectively. In what ratio will John and Prakash share the profit of Rs. 1100?
- Published on 03 May 17

a. 2:3
b. 21:27
c. 35:18
d. 45:56
Answer  Explanation 

ANSWER: 35:18

Explanation:
partnership


6)   P and Q start a hotel. P left after 6 months. After the year ends, P gets Rs. 6000 as profit out of total profit of Rs. 9000. What will be amount invested by Q if P had invested Rs. 20000?
- Published on 13 Apr 17

a. Rs. 6000
b. Rs. 7500
c. Rs. 10000
d. Rs. 5000
Answer  Explanation 

ANSWER: Rs. 5000

Explanation:
partnership


7)   A started a travel agency using his Rs. 45000. B realized the profit in the business and joined after 3 months with his Rs. 60000. C came a bit late and after another 6 months invested Rs. 90000. Out of total profit of Rs. 20000 obtained after a year, what is share of C?
- Published on 12 Apr 17

a. Rs. 5000
b. Rs. 4000
c. Rs. 9000
d. Rs. 9500
Answer  Explanation 

ANSWER: Rs. 4000

Explanation:
partnership


8)   P and Q start a cafe with a capital Rs. 20,000 and Rs. 40,000 respectively. After a year, out of the profit of Rs. 15000, P gets his share of profit plus some money as his salary. In total if P gets Rs. 7000, what is the salary amount he received?
- Published on 12 Apr 17

a. Rs. 2000
b. Rs. 5000
c. Rs. 2500
d. Rs. 7500
Answer  Explanation 

ANSWER: Rs. 2000

Explanation:
partnership


9)   Ramesh and Suresh start a hotel. Ramesh invested Rs. 6000 and Suresh invested Rs. 5000. Ramesh’s investment was for 4 months and Suresh’s was for 8 months. If total profit was Rs. 6000, how much more profit than Ramesh did Suresh get?
- Published on 11 Apr 17

a. Rs. 1500
b. Rs. 4500
c. Rs. 3000
d. Rs. 1800
Answer  Explanation 

ANSWER: Rs. 1500

Explanation:
partnership


10)   A, B, C and D invest in a business in the ratio 3:6:2:5 respectively. But the capital was utilized in the proportion 5:3:2:6 respectively. What is share of C out of a profit of Rs. 33500?
- Published on 11 Apr 17

a. Rs. 4000
b. Rs. 2000
c. Rs. 1000
d. Rs. 1500
Answer  Explanation 

ANSWER: Rs. 2000

Explanation:
partnership


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