• This is an assessment test.
  • To draw maximum benefit, study the concepts for the topic concerned.
  • Kindly take the tests in this series with a pre-defined schedule.

Arithmetic: Partnership Test-2

Congratulations - you have completed Arithmetic: Partnership Test-2.You scored %%SCORE%% out of %%TOTAL%%.You correct answer percentage: %%PERCENTAGE%% .Your performance has been rated as %%RATING%%
Your answers are highlighted below.
Question 1
A, B and C enter into a partnership. A invests some money at the beginning, B invests double the amount after 6 months and C invests thrice the amount after 8 months. If the annual profit be Rs.27000 C’s share is:
A
Rs.9000
B
Rs.11250
C
Rs.10,800
D
Rs.8625
Question 1 Explanation:
Ratio of profit
$ \displaystyle \begin{array}{l}=x\times 12:2x\times 6:3x\times 4\\=1:1:1\\\therefore \,\,\,C's\,\,\,share=\frac{1}{3}\times 27000\\=Rs.\,9000\end{array}$
Question 2
X, Y and Z were sharing profits in the ratio 4: 3: 2. Y retired from the firm and X and Z decide to share profits in the ratio 3: 2. Calculate the gaining ratio.
A
7: 8
B
5: 9
C
4: 7
D
5: 8
Question 2 Explanation:
Gaining ratio
$ \displaystyle \begin{array}{l}=\left( \frac{3}{5}-\frac{4}{9} \right):\left( \frac{2}{5}-\frac{2}{9} \right)\\=\frac{27-20}{45}:\frac{18-10}{45}=7:8\end{array}$
Question 3
Karan starts a business by investing Rs.60000. six months later Shirish joins him by investing Rs.100000. At the end of one year from commencement of the business, they earn a profit of Rs.151800. What is the Shirish’s share in the profit?
A
Rs.55200
B
Rs.82800
C
Rs.62500
D
none
Question 3 Explanation:
Ratio of the Profit = Ratio of the equivalent capitals of Karan and Shirish for 1 month
$ \displaystyle \begin{array}{l}=60000\times 12:100000\times 6\\=720000:600000=6:5\\\therefore \,\,\,Shirish's\,\,\,share\,\,\,in\,\,the\,\,\,profit\\=Rs.\,\left( \frac{5}{11}\times 151800 \right)=Rs.69000\end{array}$
Question 4
Prakash, Sunil and Anil started a business jointly investing Rs.11 lakhs, Rs. 16.5 lakh and Rs. 8.25 lakhs respectively. The profit earned by them in the business at the end of three years was Rs.19.5 lakhs. What will be the 50% of Anil’s share in the profit?
A
Rs.4.5 lakhs
B
Rs.2.25 lakhs
C
Rs.2.5 lakhs
D
Rs.3.75 lakhs
Question 4 Explanation:
Ratio of the equivalent capitals of Prakash, Sunil and Anil for 1 month
= 11 X 36: 16.5 X 36 : 8.25 X 36
= 4:6:3
Therefore Anil’s share in the profit
{3/(4+6+3)} X 19.5
= 4.5 lakh
Therefore 50% of 4.5
2.25 lakh
Question 5
Sonu invested 10% more than Mona. Mona invested 10% less than Raghu. If the total sum of their investment is Rs.5780, how much amount did Raghu invest?
A
Rs.2010
B
Rs.2000
C
Rs.2100
D
Rs.2210
Question 5 Explanation:
Let Mona’s investment=Rs.100
Therefore Sonu’s investment = Rs.110
And Raghu’s investment
$ \displaystyle =Rs.\,\frac{1000}{9}$
Therefore Ratio of Mona’s, Sonu’s and Raghu’s investments
$ \displaystyle =100:110:\frac{1000}{9}=90:99:100$
Sum of ratios = 90 + 99 + 100 = 289
Therefore Raghu’s investment
$ \displaystyle =Rs.\,\left( \frac{100}{289}\times 5780 \right)=Rs.2000$
Once you are finished, click the button below. Any items you have not completed will be marked incorrect. Get Results
There are 5 questions to complete.
List
Return
Shaded items are complete.
12345
End
Return