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Partnerships Test 500
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Partnerships Test 500
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  • Question 1/10
    1 / -0.25

    Price of sugar is decreases by 20%. Now Rahul can buy 45 kg more sugar in spending 900 rupees. Find the initial price?
    Solutions

    20% of 900 = 180


    45kg in 180 rupees


    price of 1kg is 180/45 = 4rupees/kg


    initial price is 4 = 5rs


  • Question 2/10
    1 / -0.25

    A, B and C invested capitals in the ratio 2:5:7, the ratio of their profit is 3:4:5. Find the ratio of their timings?
    Solutions

    { }


    Answer will be 105 : 56 : 50


  • Question 3/10
    1 / -0.25

    A and B started a joint business. A's investment was thrice the investment of B and the period of his investment was twice the period of investment of B. If B got Rs. 6000 as profit, then what will be the 20% of total profit?
    Solutions

    Let investment of B is x for y months.

    Then,
    A's investment = 3x for 2y months

    ∴ Ratio of Profits of A and B- 

    A : B = (3x × 2y) : (x × y)

    = 6xy : xy = 6 : 1

    Let the total profit = m.

    Then,
    B's share = (1/7)×m
    ⇒ m/7 = 6000
    m = 6000 × 7

    Total Profit = Rs. 42000


    20% of 42000 = Rs. 8400

  • Question 4/10
    1 / -0.25

    Ram, Rohit and Raju are partners and invest in a business. Ram invests 1/6th of total and Rohit invest 1/3th of the total. What is the ratio of profit of Ram, Rohit and Raju respectively?
    Solutions

    Let the total investment = 12 units

    Then Ram invested = 2 units

    Rohit Invested = 4 units

    Raju Invested = 6 units

    Hence,

    Ram: Rohit: Raju = 2 : 4 : 6 = 1:2:3

  • Question 5/10
    1 / -0.25

    Deepak, Sunil & Suresh started a food business with Rs. 8100, 24300, 21600 respectively. At the end of the year the profit was distributed. If Sunil’s share was 10,800 what was the total profit ?
    Solutions

    Ratio of investment = 8100 : 24300 : 21600 = 3 : 9 : 8
    Sum of Ratio = 3 + 9 +8 = 20

    Sunil profit share = 10800 - - - - - - - - - - (i)

    Let the total profit = x

    On the basis of investment; Sunil profit share = 9x/20 - - - - - - -- (ii)

    Eq (i) & (ii) are equal

    So,

    9x/20 = 10800

    x = 24000

  • Question 6/10
    1 / -0.25

    Ravi, Reshu & Ram started a business. Ravi invest 30 lakhs initially. After a year he invested 10 lakhs more. Reshu initially invested 40 lakhs & reduced it to 20 lakhs after 2nd year. Ram invest 10 lakhs. What is the profit ratio after 3 years?
    Solutions
    Since the profit is dependent on the investment throughout the year, we have the ratio of investments of Ravi, Reshu and Ram as follows

    ((30 ×1) +(40×2)) : ((40×2)+(20×1)) : (10×3)

    11 : 10 : 03 = ratio of profit

  • Question 7/10
    1 / -0.25

    A, B, and C start a business. A invests 33.33% of the total capital, B invests 25% of the remaining and C invests the rest. If the total profit at the end of a year is Rs. 1,62,000, then A’s share in profit is:
    Solutions

    Let the total capital = 6x

    We know, 33.33% = 1/3
    and 25% = 1/4

    ATQ,
    A invests
     33.33% of total capital = 6x/3 = 2x
    Remaining Capital = 6x − 2x = 4x
    B invests 25% of remaining = 4x/4 = x
    and C invests the rest = 6x−2x−x = 3x 

    Now,
    Total profit of A+B+C = 162000
    We know, If time is equal, the profit is divided in the ratio of Investment.
    so,
    6x → 162000
    x → 27000

    A’s share in profit = 2x → Rs. 54000

  • Question 8/10
    1 / -0.25

    A, B and C started a business with their capitals in the ratio 2 : 3 : 5. A increased his capital by 50% after 4 months, B increased his capital by  after 6 months and C withdrew 50% of his capital after 8 months, from the start of the business. If the total profit at the end of a year was Rs. 86,800, then the difference between the shares of A and C in the profit was:
    Solutions

    Profit

    Required,

  • Question 9/10
    1 / -0.25

    A and B invested in a business in the ratio 11:12. If 8% of the total profit goes to PMRF and A’s share is Rs. 550, then the total profit is-
    Solutions

    Let total profit be Rs. X.

    After PMRF, remaining profit = () = (

    Now, A’s share =

    A.T.Q.

    550 =

    X = 1250

    So, total profit = Rs. 1250

  • Question 10/10
    1 / -0.25

    Sumit, Ravi and Puneet invest 45000, 81000 and 90000 respectively to start a business. At the end of the year, the total profit is 4800. 30% of the total profit gives in charity and rest is divided among them. What will be the share of Sumit?
    Solutions

    Profit sharing ratio of Sumit, Ravi and Puneet

    = 45000 : 81000 : 90000

    = 5 : 9 : 10

    Sum of ratios = 5 + 9 + 10 = 24

    Profit after charity = 4800 – 4800 × 30% = 4800 – 1440 = ₹3360

    Share of Sumit = 3360 ×  = ₹700

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