All Exams > SSC CGL > Quantitative Aptitude for SSC CGL > All Questions
All questions of Partnership for SSC CGL Exam
A and B started a partnership business investing in the ratio of 3 : 8. C joined them after 4 months with an amount equal to 3/4th of B. What was their profit (in Rs) at the end of the year if C got Rs 24,000 as his share?- a)120000
- b)150000
- c)90000
- d)180000
Correct answer is option 'C'. Can you explain this answer?
A and B started a partnership business investing in the ratio of 3 : 8. C joined them after 4 months with an amount equal to 3/4th of B. What was their profit (in Rs) at the end of the year if C got Rs 24,000 as his share?
a)
120000
b)
150000
c)
90000
d)
180000
 | Glance Learning Institute answered |
Let the investment of A and B be 3x and 8x
Investment of C = (3/4)8x = 6x
Ratio of their profits will be 3x*12:8x*12:6x*8...
= 3:8:4
C’s share = 24000
(4/15)*x = 24000
x = 90000...
Investment of C = (3/4)8x = 6x
Ratio of their profits will be 3x*12:8x*12:6x*8...
= 3:8:4
C’s share = 24000
(4/15)*x = 24000
x = 90000...
Jitesh started a business by investing Rs 50,000. After six months, Rahul joined her with a capital of Rs 80,000. After 3 years, they earned a profit of Rs 24,500. What was Jitesh’s share in the profit?- a)Rs 9,423
- b)Rs 10,250
- c)Rs 12,500
- d)Rs 10,500
Correct answer is option 'D'. Can you explain this answer?
Jitesh started a business by investing Rs 50,000. After six months, Rahul joined her with a capital of Rs 80,000. After 3 years, they earned a profit of Rs 24,500. What was Jitesh’s share in the profit?
a)
Rs 9,423
b)
Rs 10,250
c)
Rs 12,500
d)
Rs 10,500
 | Ishaan Roy answered |
Investment Duration
- Jitesh invested Rs 50,000 for 3 years.
- Rahul invested Rs 80,000 but joined 6 months later, which means he invested for 2.5 years.
Calculating Capital Contribution
- Jitesh's contribution in terms of capital months:
Rs 50,000 * 36 months = Rs 1,800,000
- Rahul's contribution in terms of capital months:
Rs 80,000 * 30 months = Rs 2,400,000
Total Capital Contribution
- Total contribution = Jitesh's contribution + Rahul's contribution
Total = Rs 1,800,000 + Rs 2,400,000 = Rs 4,200,000
Profit Sharing Ratio
- Jitesh's share = 1,800,000 / 4,200,000 = 18/42 = 3/7
- Rahul's share = 2,400,000 / 4,200,000 = 24/42 = 4/7
Profit Calculation
- Total profit earned = Rs 24,500
- Jitesh's share of profit = (3/7) * 24,500 = Rs 10,500
Conclusion
- Jitesh's share in the profit is Rs 10,500, which aligns with option 'D'.
- Jitesh invested Rs 50,000 for 3 years.
- Rahul invested Rs 80,000 but joined 6 months later, which means he invested for 2.5 years.
Calculating Capital Contribution
- Jitesh's contribution in terms of capital months:
Rs 50,000 * 36 months = Rs 1,800,000
- Rahul's contribution in terms of capital months:
Rs 80,000 * 30 months = Rs 2,400,000
Total Capital Contribution
- Total contribution = Jitesh's contribution + Rahul's contribution
Total = Rs 1,800,000 + Rs 2,400,000 = Rs 4,200,000
Profit Sharing Ratio
- Jitesh's share = 1,800,000 / 4,200,000 = 18/42 = 3/7
- Rahul's share = 2,400,000 / 4,200,000 = 24/42 = 4/7
Profit Calculation
- Total profit earned = Rs 24,500
- Jitesh's share of profit = (3/7) * 24,500 = Rs 10,500
Conclusion
- Jitesh's share in the profit is Rs 10,500, which aligns with option 'D'.
A and B starts a business with investment of ₹ 28000 and ₹ 42000 respectively. A invests for 8 months and B invests for one year.If the total profit at the end of year is ₹ 21125, then what is the share of B?- a)₹ 14625
- b)₹ 12625
- c)₹ 13575
- d)₹ 14285
Correct answer is option 'A'. Can you explain this answer?
A and B starts a business with investment of ₹ 28000 and ₹ 42000 respectively. A invests for 8 months and B invests for one year.If the total profit at the end of year is ₹ 21125, then what is the share of B?
a)
₹ 14625
b)
₹ 12625
c)
₹ 13575
d)
₹ 14285
 | Abhiram Mehra answered |
Understanding the Investment
- A invests 28,000 for 8 months.
- B invests 42,000 for 12 months (1 year).
Calculating Effective Investments
- A's effective investment = 28,000 * 8 = 224,000
- B's effective investment = 42,000 * 12 = 504,000
Total Effective Investment
- Total effective investment = A's effective investment + B's effective investment
- Total effective investment = 224,000 + 504,000 = 728,000
Profit Sharing Ratio
- A's ratio = 224,000 / 728,000
- B's ratio = 504,000 / 728,000
Calculating Individual Shares
- The total profit = 21,125
- B's share in profit = Total profit * B's ratio
- B's share = 21,125 * (504,000 / 728,000)
Final Calculation
- B's share = 21,125 * (504 / 728)
- B's share = 21,125 * 0.6904 (approximately)
- B's share = 14,625
Therefore, the share of B in the total profit is 14,625, which corresponds to option 'A'.
Conclusion
- B's effective investment was significantly higher due to a longer investment duration, resulting in a larger share of the profit.
This detailed breakdown confirms that the correct answer is option 'A' with B receiving a profit of 14,625.
- A invests 28,000 for 8 months.
- B invests 42,000 for 12 months (1 year).
Calculating Effective Investments
- A's effective investment = 28,000 * 8 = 224,000
- B's effective investment = 42,000 * 12 = 504,000
Total Effective Investment
- Total effective investment = A's effective investment + B's effective investment
- Total effective investment = 224,000 + 504,000 = 728,000
Profit Sharing Ratio
- A's ratio = 224,000 / 728,000
- B's ratio = 504,000 / 728,000
Calculating Individual Shares
- The total profit = 21,125
- B's share in profit = Total profit * B's ratio
- B's share = 21,125 * (504,000 / 728,000)
Final Calculation
- B's share = 21,125 * (504 / 728)
- B's share = 21,125 * 0.6904 (approximately)
- B's share = 14,625
Therefore, the share of B in the total profit is 14,625, which corresponds to option 'A'.
Conclusion
- B's effective investment was significantly higher due to a longer investment duration, resulting in a larger share of the profit.
This detailed breakdown confirms that the correct answer is option 'A' with B receiving a profit of 14,625.
A and B invest in a business in the ratio 4 : 5. After 10 months B leaves the business after withdrawing his investment. In the first year the business made a profit of Rs 49,000. What is B’s share (in Rs) of this profit?- a)25000
- b)20000
- c)18000
- d)22000
Correct answer is option 'A'. Can you explain this answer?
A and B invest in a business in the ratio 4 : 5. After 10 months B leaves the business after withdrawing his investment. In the first year the business made a profit of Rs 49,000. What is B’s share (in Rs) of this profit?
a)
25000
b)
20000
c)
18000
d)
22000
 | Iq Funda answered |
let the investments made by A and B be 4x and 5x ratio of their profits is 4x*12+5x*10=48x:50x =24:25
B’s share (25/49)*49000 = Rs 25000
B’s share (25/49)*49000 = Rs 25000
A and B started a business with Rs. 20,000 and 35,000 respectively. They agreed to share the profit in the ratio of their capital. C joined the partnership with the condition that A , B , C will share profit equally and pays Rs. 2,20,000 as premium for this, to be shared between A and B . This is to be divided between A and B in the ratio of- a)9 : 10
- b)10 : 9
- c)1 : 10
- d)10 : 1
Correct answer is option 'D'. Can you explain this answer?
A and B started a business with Rs. 20,000 and 35,000 respectively. They agreed to share the profit in the ratio of their capital. C joined the partnership with the condition that A , B , C will share profit equally and pays Rs. 2,20,000 as premium for this, to be shared between A and B . This is to be divided between A and B in the ratio of
a)
9 : 10
b)
10 : 9
c)
1 : 10
d)
10 : 1
 | Pranab Goyal answered |
Understanding the Initial Investment
- A's capital: Rs. 20,000
- B's capital: Rs. 35,000
Total Capital Contribution
- Total = A + B = Rs. 20,000 + Rs. 35,000 = Rs. 55,000
- Capital Ratio of A to B = 20,000 : 35,000 = 4 : 7
C's Entry into the Partnership
- C joins and proposes to share profits equally among A, B, and C.
- C pays a premium of Rs. 2,20,000 to A and B for this equal share.
Distribution of the Premium
- The premium is shared between A and B according to their original capital ratio.
- This ratio is 4 : 7 (as calculated earlier).
Calculating the Shares from the Premium
- Total parts in the ratio = 4 + 7 = 11 parts.
- A's share of the premium = (4/11) * 2,20,000 = Rs. 80,000.
- B's share of the premium = (7/11) * 2,20,000 = Rs. 1,40,000.
Final Ratio of A to B’s Share from the Premium
- A receives Rs. 80,000 and B receives Rs. 1,40,000.
- The ratio of A’s share to B’s share = 80,000 : 1,40,000 = 8 : 14 = 4 : 7.
- However, the question asks for the profit share after C joins, which is equally divided among A, B, and C.
Conclusion
- Since A and B's original ratio was 4 : 7, when C joins, they must compensate A and B with the premium.
- The ratio is inverted to reflect A's and B's total contributions after adding C's premium.
- Thus, the final ratio becomes 10 : 1, confirming option 'D' as correct.
- A's capital: Rs. 20,000
- B's capital: Rs. 35,000
Total Capital Contribution
- Total = A + B = Rs. 20,000 + Rs. 35,000 = Rs. 55,000
- Capital Ratio of A to B = 20,000 : 35,000 = 4 : 7
C's Entry into the Partnership
- C joins and proposes to share profits equally among A, B, and C.
- C pays a premium of Rs. 2,20,000 to A and B for this equal share.
Distribution of the Premium
- The premium is shared between A and B according to their original capital ratio.
- This ratio is 4 : 7 (as calculated earlier).
Calculating the Shares from the Premium
- Total parts in the ratio = 4 + 7 = 11 parts.
- A's share of the premium = (4/11) * 2,20,000 = Rs. 80,000.
- B's share of the premium = (7/11) * 2,20,000 = Rs. 1,40,000.
Final Ratio of A to B’s Share from the Premium
- A receives Rs. 80,000 and B receives Rs. 1,40,000.
- The ratio of A’s share to B’s share = 80,000 : 1,40,000 = 8 : 14 = 4 : 7.
- However, the question asks for the profit share after C joins, which is equally divided among A, B, and C.
Conclusion
- Since A and B's original ratio was 4 : 7, when C joins, they must compensate A and B with the premium.
- The ratio is inverted to reflect A's and B's total contributions after adding C's premium.
- Thus, the final ratio becomes 10 : 1, confirming option 'D' as correct.
Rahul and Bharti are partners in a business. Rahul contributes 1/4th capital for 15 months and Bharti received 2/3 of profit. For how long Bharti money was used?- a)8 months
- b)10 months
- c)11 months
- d)17 months
Correct answer is option 'B'. Can you explain this answer?
Rahul and Bharti are partners in a business. Rahul contributes 1/4th capital for 15 months and Bharti received 2/3 of profit. For how long Bharti money was used?
a)
8 months
b)
10 months
c)
11 months
d)
17 months
 | Bayshore Academy answered |
Bharti’s share of profit = 2/3
Thus Rahul’s share of profit = 1 – 2/3 = 1/3
Hence profit sharing ratio of Rahul and Bharti = 1/3 : 2/3 = 1 : 3
Thus Rahul’s share of profit = 1 – 2/3 = 1/3
Hence profit sharing ratio of Rahul and Bharti = 1/3 : 2/3 = 1 : 3
Rahul’s share of capital = 1/4
So, Bharti’s share of capital = 1 – 1/4 = 3/4
So, Bharti’s share of capital = 1 – 1/4 = 3/4
Now let Bharti’s capital was used for y months
Therefore, one month equivalent capital of Rahul = 1/4 × 15 = 15/4
And one month equivalent capital of Bharti = 3/4 × y = 3y/4
Therefore, one month equivalent capital of Rahul = 1/4 × 15 = 15/4
And one month equivalent capital of Bharti = 3/4 × y = 3y/4
So, 15/4/3y/4 = 1/2
=> y = 10 (option ‘B’)
=> y = 10 (option ‘B’)
K, L and M invest sum in the ratio of 15 : 20 : 27 respectively. If they earned total profit of ₹ 10230 at the end of year, then what is the difference between share of K and L?- a)₹ 1155
- b)₹ 1275
- c)₹ 1980
- d)₹ 825
Correct answer is option 'D'. Can you explain this answer?
K, L and M invest sum in the ratio of 15 : 20 : 27 respectively. If they earned total profit of ₹ 10230 at the end of year, then what is the difference between share of K and L?
a)
₹ 1155
b)
₹ 1275
c)
₹ 1980
d)
₹ 825
 | Ssc Cgl answered |
Ratio of investments = Ratio of profits
Let the profits of K, L and M be Rs.15x, Rs.20x and Rs.27x respectively....
Total profit = Rs.15x+Rs.20x+Rs.27x = Rs.62x
Given, Rs.62x = Rs.10230 => x = Rs.165
Then, The difference between share of K and L = Rs.20x – Rs.15x = Rs.5x = Rs.5*165 = Rs.825...
Let the profits of K, L and M be Rs.15x, Rs.20x and Rs.27x respectively....
Total profit = Rs.15x+Rs.20x+Rs.27x = Rs.62x
Given, Rs.62x = Rs.10230 => x = Rs.165
Then, The difference between share of K and L = Rs.20x – Rs.15x = Rs.5x = Rs.5*165 = Rs.825...
A, B and C invest ₹14000, ₹18000 and ₹24000 respectively to start a business. If the profit at the end of the year is ₹25480, then what is total share of A and B?- a)₹6370
- b)₹14560
- c)₹17290
- d)₹19110
Correct answer is option 'B'. Can you explain this answer?
A, B and C invest ₹14000, ₹18000 and ₹24000 respectively to start a business. If the profit at the end of the year is ₹25480, then what is total share of A and B?
a)
₹6370
b)
₹14560
c)
₹17290
d)
₹19110
 | T.S Academy answered |
Ratio of profits = Ratio of investments = 14000 : 18000 : 24000 = 7 : 9 : 12
Let the profit of A, B and C be Rs.7x, Rs.9x, Rs.12x respectively.
Total profit = 7x+9x+12x = Rs.28x
Given, 28x = 25480
Therefore, Profit of A and B together = Rs.7x+9x = Rs.16x
Let the profit of A, B and C be Rs.7x, Rs.9x, Rs.12x respectively.
Total profit = 7x+9x+12x = Rs.28x
Given, 28x = 25480
Therefore, Profit of A and B together = Rs.7x+9x = Rs.16x
A and B invested Rs 20000 and Rs 30000 respectively and agreed to share profit in the ratio of their capitals. C entered into the partnership with the condition that profit would be divided between A, B and C in the ratio 3 : 4 : 3 for which he paid Rs 50000 as premium; in what ratio would the premium be divided among A and B?- a)1 : 2
- b)1 : 3
- c)2 : 3
- d)2 : 1
Correct answer is option 'A'. Can you explain this answer?
A and B invested Rs 20000 and Rs 30000 respectively and agreed to share profit in the ratio of their capitals. C entered into the partnership with the condition that profit would be divided between A, B and C in the ratio 3 : 4 : 3 for which he paid Rs 50000 as premium; in what ratio would the premium be divided among A and B?
a)
1 : 2
b)
1 : 3
c)
2 : 3
d)
2 : 1
| | Ssc Cgl answered |
Old ratio of A & B 20,000 : 30,000 = 2 : 3 (They share profit in the ratio of their capitals)
So A’s share is 2/5 and B’s share is 3/5
New Share of A will be in the ratio of 3 : 4 : 3 i.e. A = 3/10; B = 4/10 = 2/5
Now we have to find their sacrificing shares and then the ratio.
Now A’s sacrifice = Old share – New share =>>> 2/5 – 3/10 = 1/10, and B’s sacrifice = 3/5 – 2/5 = 1/5
Hence the ratio in which the premium is be divided between A and B is 1/10 : 1/5 = 1 : 2 (option ‘A’)
So A’s share is 2/5 and B’s share is 3/5
New Share of A will be in the ratio of 3 : 4 : 3 i.e. A = 3/10; B = 4/10 = 2/5
Now we have to find their sacrificing shares and then the ratio.
Now A’s sacrifice = Old share – New share =>>> 2/5 – 3/10 = 1/10, and B’s sacrifice = 3/5 – 2/5 = 1/5
Hence the ratio in which the premium is be divided between A and B is 1/10 : 1/5 = 1 : 2 (option ‘A’)
A, B, C rent a pasture. A puts 10 oxen for 7 months, B puts 12 oxen for 5 months and C puts 15 oxen for 3 months for grazing. If the rent of the pasture is Rs. 175, how much must C pay as his share of rent?- a)Rs 45
- b)Rs 50
- c)Rs 55
- d)Rs 60
Correct answer is option 'A'. Can you explain this answer?
A, B, C rent a pasture. A puts 10 oxen for 7 months, B puts 12 oxen for 5 months and C puts 15 oxen for 3 months for grazing. If the rent of the pasture is Rs. 175, how much must C pay as his share of rent?
a)
Rs 45
b)
Rs 50
c)
Rs 55
d)
Rs 60
| | Ssc Cgl answered |
Their one month equivalent use of the pasture
A = 10*7 = 70 months
B = 12*5 = 60 months
C = 15*3 = 45 months
Hence their expenditure sharing ratio = 70 : 60 : 45 = 14 : 12 : 9
Therefore C’s share of the rent = 175*(9/35) = Rs 45 (option ‘A’)
A = 10*7 = 70 months
B = 12*5 = 60 months
C = 15*3 = 45 months
Hence their expenditure sharing ratio = 70 : 60 : 45 = 14 : 12 : 9
Therefore C’s share of the rent = 175*(9/35) = Rs 45 (option ‘A’)
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
Correct answer is option 'D'. Can you explain this answer?
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
 | EduRev SSC CGL answered |
Let C subscribes = Rs x
Then, B subscribes = x + 5000
and A subscribes = x + 5000 + 4000 = x + 9000.
Hence, x + (x + 5000) + (x + 9000) = 50000
=> x = 12000
Therefore ratio of their investments i.e. A : B : C = (12000 + 9000) : (12000 + 5000) : 12000 = 21000 : 17000 : 12000 = 21 : 17 : 12.
Thus A’s share in the profit = 35000 x 21/50 = Rs 14,700 (option ‘D’)
Then, B subscribes = x + 5000
and A subscribes = x + 5000 + 4000 = x + 9000.
Hence, x + (x + 5000) + (x + 9000) = 50000
=> x = 12000
Therefore ratio of their investments i.e. A : B : C = (12000 + 9000) : (12000 + 5000) : 12000 = 21000 : 17000 : 12000 = 21 : 17 : 12.
Thus A’s share in the profit = 35000 x 21/50 = Rs 14,700 (option ‘D’)
X and Y started a business by investing Rs 171000 and Rs 243000 respectively. If X’s share in the profit earned at the end of year is Rs 3800, then what will be the total profit (in Rs) earned by them together?- a)9200
- b)9600
- c)8400
- d)8800
Correct answer is option 'A'. Can you explain this answer?
X and Y started a business by investing Rs 171000 and Rs 243000 respectively. If X’s share in the profit earned at the end of year is Rs 3800, then what will be the total profit (in Rs) earned by them together?
a)
9200
b)
9600
c)
8400
d)
8800
 | Target Study Academy answered |
Investment by X = Rs. 171,000 and by Y = Rs. 243,000
=> Ratio of profits at the end of year
X’s share in the profit = Rs. 3800
=> Ratio of profits at the end of year
X’s share in the profit = Rs. 3800
=> Ans – (A)
A, B, C started a business by investing Rs.20,000, 25000, 40000 respectively. They decided to receive 10% interest on their capitals and the balance of the profit to be divided equally. If they got Rs 20500 as the annual profit, find the share of C including the interest?- a)6000
- b)7000
- c)8000
- d)9000
Correct answer is option 'C'. Can you explain this answer?
A, B, C started a business by investing Rs.20,000, 25000, 40000 respectively. They decided to receive 10% interest on their capitals and the balance of the profit to be divided equally. If they got Rs 20500 as the annual profit, find the share of C including the interest?
a)
6000
b)
7000
c)
8000
d)
9000
| | Iq Funda answered |
10% of interest on the capitals of A, B & C respectively = 2000, 2500, & 4000
Now the total of interest = 2000 + 2500 + 4000 = 8500
Remaining of the profit after interest on capitals = 20500 – 8500 = 12000
Remaining of the profit after interest on capitals = 20500 – 8500 = 12000
But the remaining of the profit has to be divided equally
So C’s share in it = 12000/3 = 4000
So C’s share in it = 12000/3 = 4000
Therefore C’s total share of profit = His interest on capital + his share of profit after interest on capital
= 4000 + 4000 = 8000 (option ‘C’)
= 4000 + 4000 = 8000 (option ‘C’)
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)3 : 5 : 10
Correct answer is option 'C'. Can you explain this answer?
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)
3 : 5 : 10
| | T.S Academy answered |
Let the initial investments of A and B be 3x and 5x
Hence one month equivalent investments of A, B and C
A = 3x*12 =36x
B = 5x*12 = 60x
C = 5x*6 = 30x
Therefore their profit sharing ratio = 36x : 60x : 30x = 6 : 10 : 5 (option ‘C’)
Hence one month equivalent investments of A, B and C
A = 3x*12 =36x
B = 5x*12 = 60x
C = 5x*6 = 30x
Therefore their profit sharing ratio = 36x : 60x : 30x = 6 : 10 : 5 (option ‘C’)
A and B entered into partnership with capitals in the ratio 4 : 5. After 3 months, A withdrew 1/4 of his capital and B withdrew 1/5 of his capital. The gain at the end of 10 months was Rs 760. A’s share in this profit is?- a)Rs 330
- b)Rs 360
- c)Rs 380
- d)Rs 430
Correct answer is option 'A'. Can you explain this answer?
A and B entered into partnership with capitals in the ratio 4 : 5. After 3 months, A withdrew 1/4 of his capital and B withdrew 1/5 of his capital. The gain at the end of 10 months was Rs 760. A’s share in this profit is?
a)
Rs 330
b)
Rs 360
c)
Rs 380
d)
Rs 430
| | Ssc Cgl answered |
Let A’s initial capital = Rs 400
And B’s initial capital = Rs 500
Thus A’s capital after 3 months = 400 – 1/4 of 400 = Rs 300
And B’s capital after 3 months = 500 – 1/5 of 500 = Rs 400
Hence, A’s 1 month equivalent capital for 10 months = 400*3 + 300*7 = 3300
And B’s 1 month equivalent capital for 10 months = 500*3 + 400*7 = 4300
So ratio of their capitals = 3300 : 4300 = 33 : 43
Therefore A’s share in the profit = 760*(33/76) = Rs 330 (option ‘A’)
And B’s initial capital = Rs 500
Thus A’s capital after 3 months = 400 – 1/4 of 400 = Rs 300
And B’s capital after 3 months = 500 – 1/5 of 500 = Rs 400
Hence, A’s 1 month equivalent capital for 10 months = 400*3 + 300*7 = 3300
And B’s 1 month equivalent capital for 10 months = 500*3 + 400*7 = 4300
So ratio of their capitals = 3300 : 4300 = 33 : 43
Therefore A’s share in the profit = 760*(33/76) = Rs 330 (option ‘A’)
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
Correct answer is option 'A'. Can you explain this answer?
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
| | Iq Funda answered |
You have to remember here that the profit given is for 8 months, so we’ll find the one month equivalent investments for 8 months, not for 12 months.
So, Arun’s 1 month equivalent investment = 8000*6
Kamal’s 1 month equivalent investment = 4000*8
Vinay’s 1 month equivalent investment = 8000*8
Hence the ratio of investments = 8,000*6 : 4,000*8 : 8,000*8 = 3 : 2 : 4.
Therefore Kamal’s share in the profit = Rs. 4005 x 2/9 = Rs 890 (option ‘A)
So, Arun’s 1 month equivalent investment = 8000*6
Kamal’s 1 month equivalent investment = 4000*8
Vinay’s 1 month equivalent investment = 8000*8
Hence the ratio of investments = 8,000*6 : 4,000*8 : 8,000*8 = 3 : 2 : 4.
Therefore Kamal’s share in the profit = Rs. 4005 x 2/9 = Rs 890 (option ‘A)
Teena, Reena and Sheena start a business with investment of respectively ₹ 24000, ₹ 28000 and ₹ 20000. Teena invests for 8 months, Reena invest for 10 months and Sheena invests for one year. If the total profit at the end of year is ₹ 25810, then what is the share of Teena?- a)₹6960
- b)₹10150
- c)₹7940
- d)₹8700
Correct answer is option 'A'. Can you explain this answer?
Teena, Reena and Sheena start a business with investment of respectively ₹ 24000, ₹ 28000 and ₹ 20000. Teena invests for 8 months, Reena invest for 10 months and Sheena invests for one year. If the total profit at the end of year is ₹ 25810, then what is the share of Teena?
a)
₹6960
b)
₹10150
c)
₹7940
d)
₹8700
| | Iq Funda answered |
Investment of Teena = Rs.24000
Duration of Teena = 8 months
Total investment of Teena = Rs.24000 x 8
Investment of Reena = Rs.28000
Duration of Reena = 10 months
Total investment of Reena = Rs.28000 x 10
Investment of Sheena = Rs.20000
Duration of Sheena = 12 months
Total investment of Sheena
Ratio of profits = Ratio of investments = ...
Duration of Teena = 8 months
Total investment of Teena = Rs.24000 x 8
Investment of Reena = Rs.28000
Duration of Reena = 10 months
Total investment of Reena = Rs.28000 x 10
Investment of Sheena = Rs.20000
Duration of Sheena = 12 months
Total investment of Sheena
Ratio of profits = Ratio of investments = ...
Given, Total profit = Rs.25810...
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?- a)₹700
- b)₹1260
- c)₹1310
- d)₹1400
Correct answer is option 'A'. Can you explain this answer?
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?
a)
₹700
b)
₹1260
c)
₹1310
d)
₹1400
| | Iq Funda answered |
Investment of Sumit = Rs.45000
Duration of Sumit = 1 year
Investment of Ravi = Rs.81000
Duration of Sumit = 1 year
Investment of Puneet = Rs.90000
Duration of Puneet = 1 year
Ratio of profits = Ratio of investments...
Duration of Sumit = 1 year
Investment of Ravi = Rs.81000
Duration of Sumit = 1 year
Investment of Puneet = Rs.90000
Duration of Puneet = 1 year
Ratio of profits = Ratio of investments...
Given, Total profit = Rs.4800 30% of total profit donated to charity
Amount donated to charity = 30% of Rs.4800 = Rs.1440...
Remaining amount = Rs.4800-1440 = Rs.3360
Let the profits of Sumit, Ravi and Puneet be Rs.5x, Rs.9x and Rs.10x respectively....
Total profit = Rs.5x+9x+10x = Rs.24x...
Given, 24x = 3360 => x = 140 Therefore, Profit of Sumit = 5x = 5*140 = Rs.700.
Rs 700 is divided among A, B, C so that A receives half as much as B and B half as much as C. Then C’s share is?- a)Rs 200
- b)Rs 300
- c)Rs 400
- d)Rs 500
Correct answer is option 'C'. Can you explain this answer?
Rs 700 is divided among A, B, C so that A receives half as much as B and B half as much as C. Then C’s share is?
a)
Rs 200
b)
Rs 300
c)
Rs 400
d)
Rs 500
| | Iq Funda answered |
Let C’s share = Rs x
Then, B’s share = Rs x/2
and A’s share = Rs x/4
Thus their ratio = x/4 : x/2 : x = 1 : 2 : 4
Therefore, C’s share = 700*(4/7) = Rs 400 (option ‘C’)
Then, B’s share = Rs x/2
and A’s share = Rs x/4
Thus their ratio = x/4 : x/2 : x = 1 : 2 : 4
Therefore, C’s share = 700*(4/7) = Rs 400 (option ‘C’)
A, B and C jointly thought of engaging themselves in a business venture. It was agreed that A would invest Rs 6500 for 6 months, B Rs 8400 for 5 months and C Rs 10,000 for 3 months. A wants to be the working member for which, he was to receive 5% of the profits. The profit earned was Rs. 7400. Calculate the share of B in the profit.- a)Rs. 1900
- b)Rs. 2660
- c)Rs. 2800
- d)Rs. 2840
Correct answer is option 'B'. Can you explain this answer?
A, B and C jointly thought of engaging themselves in a business venture. It was agreed that A would invest Rs 6500 for 6 months, B Rs 8400 for 5 months and C Rs 10,000 for 3 months. A wants to be the working member for which, he was to receive 5% of the profits. The profit earned was Rs. 7400. Calculate the share of B in the profit.
a)
Rs. 1900
b)
Rs. 2660
c)
Rs. 2800
d)
Rs. 2840
| | EduRev SSC CGL answered |
Money received by A for managing the business = 5% of Rs 7400 = Rs 370
Thus, the remaining profit = 7400 – 370 = Rs 7030
You should remember that when the profit sharing ratio is not given, the profit between the partners is distributed in the ratio of their investments/capitals.
But here partners’investments are not comparable as they are given for different periods. In such a case it’s better to find one month equivalent capital so that they become comparable.
Now one month equivalent investment of A = 6500*6 = 39000
One month equivalent investment of B = 8400*5 = 42000
One month equivalent investment of C = 10000*3 = 30000
So, the ratio of investments = 39000 : 42000 : 30000 = 13 : 14 : 10
Therefore, B’s share = 7030 x 14/37 = Rs 2660 (option ‘B’)
Thus, the remaining profit = 7400 – 370 = Rs 7030
You should remember that when the profit sharing ratio is not given, the profit between the partners is distributed in the ratio of their investments/capitals.
But here partners’investments are not comparable as they are given for different periods. In such a case it’s better to find one month equivalent capital so that they become comparable.
Now one month equivalent investment of A = 6500*6 = 39000
One month equivalent investment of B = 8400*5 = 42000
One month equivalent investment of C = 10000*3 = 30000
So, the ratio of investments = 39000 : 42000 : 30000 = 13 : 14 : 10
Therefore, B’s share = 7030 x 14/37 = Rs 2660 (option ‘B’)
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
Correct answer is option 'D'. Can you explain this answer?
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
| | Iq Funda answered |
Let B joined for x months.
Thus their one month equivalent capitals
A = 85000*12
B = 42500*x = 42500x
Therefore, (85000*12)⁄42500x = 3/1
=> x = 8 months (option ‘D’)
Thus their one month equivalent capitals
A = 85000*12
B = 42500*x = 42500x
Therefore, (85000*12)⁄42500x = 3/1
=> x = 8 months (option ‘D’)
P and Q start a business with an investment of ₹ 28000 and ₹ 42000 respectively. P invests for 8 months and Q invests for one year.If the total profit at the end of the year is ₹ 21125, then what is the share of P?- a)₹ 12625
- b)₹ 14625
- c)₹ 6500
- d)₹ 8750
Correct answer is option 'C'. Can you explain this answer?
P and Q start a business with an investment of ₹ 28000 and ₹ 42000 respectively. P invests for 8 months and Q invests for one year.If the total profit at the end of the year is ₹ 21125, then what is the share of P?
a)
₹ 12625
b)
₹ 14625
c)
₹ 6500
d)
₹ 8750
| | T.S Academy answered |
Given, Investment of P = Rs.28000
Duration of P = 8 months
Hence,
Total investment amount of P = Rs.28000 x 8
Investment of Q = Rs.42000
Duration of Q = 12 months
Hence, Total investment amount of Q = Rs.42000 x 12
Duration of P = 8 months
Hence,
Total investment amount of P = Rs.28000 x 8
Investment of Q = Rs.42000
Duration of Q = 12 months
Hence, Total investment amount of Q = Rs.42000 x 12
Ratio of profits = Ratio of investments 
Given, Total profit = Rs.21125
Given, Total profit = Rs.21125
A, B and C enter into a partnership in the ratio 7/2 : 4/3 : 6/5. After 4 months, A increases his share by 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
Correct answer is option 'D'. Can you explain this answer?
A, B and C enter into a partnership in the ratio 7/2 : 4/3 : 6/5. After 4 months, A increases his share by 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
| | Ssc Cgl answered |
Ratio of initial investments = 7/2 : 4/3 : 6/5 = 105 : 40 : 36
Let their initial investments be 1050, 400 and 360
A’s investment after increase of 50% = 1050 + 1050/2 = 1575
Let their initial investments be 1050, 400 and 360
A’s investment after increase of 50% = 1050 + 1050/2 = 1575
Their one month equivalent investments
A = 1050*4 + 1575*8 = 16800
B = 400*12 = 4800
C = 360*12 = 4320
Therefore ratio of their investments = 16800 : 4800 : 4320 = 35 : 10 : 9
Hence, B’s share in the profit = Rs. 21600 x 10/54 = Rs. 4000 (option ‘D’)
A = 1050*4 + 1575*8 = 16800
B = 400*12 = 4800
C = 360*12 = 4320
Therefore ratio of their investments = 16800 : 4800 : 4320 = 35 : 10 : 9
Hence, B’s share in the profit = Rs. 21600 x 10/54 = Rs. 4000 (option ‘D’)
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)6 : 7 : 9
Correct answer is option 'B'. Can you explain this answer?
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)
6 : 7 : 9
| | EduRev SSC CGL answered |
Let their investments be Rs x, Rs y and Rs z
Thus their one month equivalent investments = 14x, 8y and 7z
Therefore, 14x : 8y : 7z = 5 : 7 : 8.
Now, 14x/8y = 5/7 => x/y = 40/98 = 20/49
And 8y/7z = 7/8 => y/z = 49/64
Hence, x : y : : y : z = 20 : 49 : : 49 : 64
=> x : y : z = 20 : 49 : 64 (option ‘B’)
Thus their one month equivalent investments = 14x, 8y and 7z
Therefore, 14x : 8y : 7z = 5 : 7 : 8.
Now, 14x/8y = 5/7 => x/y = 40/98 = 20/49
And 8y/7z = 7/8 => y/z = 49/64
Hence, x : y : : y : z = 20 : 49 : : 49 : 64
=> x : y : z = 20 : 49 : 64 (option ‘B’)
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
Correct answer is option 'D'. Can you explain this answer?
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
| | T.S Academy answered |
Let B’s capital = Rs x
So, A’s one month equivalent capital = 3500*12 = 42000
And B’s one month equivalent capital = x*7 = 7 x
Therefore, 42000/7x = 2/3
=> x = 9000 (option ‘D’)
So, A’s one month equivalent capital = 3500*12 = 42000
And B’s one month equivalent capital = x*7 = 7 x
Therefore, 42000/7x = 2/3
=> x = 9000 (option ‘D’)
Chapter doubts & questions for Partnership - Quantitative Aptitude for SSC CGL 2026 is part of SSC CGL exam preparation. The chapters have been prepared according to the SSC CGL exam syllabus. The Chapter doubts & questions, notes, tests & MCQs are made for SSC CGL 2026 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests here.
Chapter doubts & questions of Partnership - Quantitative Aptitude for SSC CGL in English & Hindi are available as part of SSC CGL exam. Download more important topics, notes, lectures and mock test series for SSC CGL Exam by signing up for free.
Quantitative Aptitude for SSC CGL319 videos|366 docs|157 tests |
