Bank Exams Exam  >  Bank Exams Tests  >  IBPS Clerk Prelims 2024 Preparation  >  Partnerships - MCQ 5 - Bank Exams MCQ

Partnerships - MCQ 5 - Bank Exams MCQ


Test Description

20 Questions MCQ Test IBPS Clerk Prelims 2024 Preparation - Partnerships - MCQ 5

Partnerships - MCQ 5 for Bank Exams 2024 is part of IBPS Clerk Prelims 2024 Preparation preparation. The Partnerships - MCQ 5 questions and answers have been prepared according to the Bank Exams exam syllabus.The Partnerships - MCQ 5 MCQs are made for Bank Exams 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Partnerships - MCQ 5 below.
Solutions of Partnerships - MCQ 5 questions in English are available as part of our IBPS Clerk Prelims 2024 Preparation for Bank Exams & Partnerships - MCQ 5 solutions in Hindi for IBPS Clerk Prelims 2024 Preparation course. Download more important topics, notes, lectures and mock test series for Bank Exams Exam by signing up for free. Attempt Partnerships - MCQ 5 | 20 questions in 15 minutes | Mock test for Bank Exams preparation | Free important questions MCQ to study IBPS Clerk Prelims 2024 Preparation for Bank Exams Exam | Download free PDF with solutions
Partnerships - MCQ 5 - Question 1

Three friends A, B, C invested in a business in the ratio of 4:5:6. After 6 months C withdraw half of his capital. If the sum invested by A is 48000, then the profit earned by C out of the total profit of 60000.

Detailed Solution for Partnerships - MCQ 5 - Question 1

Partnerships - MCQ 5 - Question 2

Two persons A and B invested in a business with 115000 and 75000 rupees respectively. They agree that 40% of the profit should be divided equally among them and rest is divided between them according to their investment. If A got 500 rupee more than B, then the total profit is.

Detailed Solution for Partnerships - MCQ 5 - Question 2

Answer – 3.3958.34 Explanation : Ratio in which the profit will divide – 23:15. Let the profit be P now, [(23/38) – (15/38)]*(60/100)*P = 500 P = 3958.34

1 Crore+ students have signed up on EduRev. Have you? Download the App
Partnerships - MCQ 5 - Question 3

P, Q, R invested in the ratio of 6:5:7. After the end of business term they receive the profit in the ratio 3:1:5. Find the ratio of time in which they invested in the business.

Detailed Solution for Partnerships - MCQ 5 - Question 3

Answer – 2.35:14:50 Explanation : Take time as t1, t2 and t3 (6*t1/5*t2) = 3/1, u will get t1/t2 = 5:2 Similarly, (5*t2/7*t3) = 1/5, u will get t2/t3 = 7/25

Partnerships - MCQ 5 - Question 4

 Three persons enter into a partnership by investing in the ratio of 4:5:8. After one year A invest more 4300 and B withdraws 3200. Now, the ratio of investment changes to 5:4:7. Approximately how much A invested initially.

Detailed Solution for Partnerships - MCQ 5 - Question 4

Answer – 3.14755 Explanation : after one year – 4x+4300 : 5x-3200 : 8x so, to find X – (4x+4300)/(5x-3200) = 5/4 so investment made by A = (33200/9)*4 = 14755.55

Partnerships - MCQ 5 - Question 5

A and B invested rupees 4000 and 5000 respectively in a business. A being an active partner will get rupee 50 every month extra for running the business. In a year if A receive a total of 800 rupee, then what will B get from the business.

Detailed Solution for Partnerships - MCQ 5 - Question 5

Answer – 1.250 Explanation : Ratio in which the profit will divide – 4:5.
A will get 50*12 = 600 rupees extra, so from business A got 200 rupees. i.e (4/9)*P = 200, P = 450. So B will get 450 – 200 = 250 rupees

Partnerships - MCQ 5 - Question 6

 A and B invested in a business in which A invest 250 rupee more than B. B invested for 6 months while A invested for 4 months. If A get 200 more than B out of a total profit of 1000. Then the total amount invested in the business.

Detailed Solution for Partnerships - MCQ 5 - Question 6

Answer – 2.650 Explanation : Let B invest ‘x’ rupees so A will invest (x+250) Total investment made by A = (x+250)*4 and by B = 6x According to the problem- [[4(x+250) – 6x]/(1000+ 10x)]*1000 = 200.
X = 200. Total investment = 200+250+200 = 650

Partnerships - MCQ 5 - Question 7

 Three partners P, Q and R invest a total sum of 240000. At the end of the year A get 15000 rupee, B get 20000 and C get 25000 rupees as profit. How much amount is invested by A and C together.

Detailed Solution for Partnerships - MCQ 5 - Question 7

Answer – 3.16000 Explanation : Ratio in which they get profit – 3:4:5 So total amount invested by A and C = (8/12)*24000 = 16000

Partnerships - MCQ 5 - Question 8

A, B and C invested in a business with 40000, 50000 and 60000 rupees respectively. After one year A withdraw 10000 and C invest 5000. After another one year B invest 15000 more and A deposit 5000 more. At the end of 3 years, profit between A, B and C are distributed in the ratio.

Detailed Solution for Partnerships - MCQ 5 - Question 8

Answer – 2.21:33:38 Explanation : Investment made by A, B and C are 40000, 50000, 60000 initially.
In second year – 30000, 50000, 65000 In third year – 35000, 65000, 65000 So final ratio – 105000: 165000: 190000. i.e 21:33:38

Partnerships - MCQ 5 - Question 9

Two persons A and B invested in a business with capital 5000 and 6000 respectively. After 3 months both A and B invests 5000 more. After 3 more months C joins the business with a capital of 10000 rupees.  The share of B exceeds C by how much, if the total profit earned is 47000.

Detailed Solution for Partnerships - MCQ 5 - Question 9

Answer – 3.9500 Explanation : A             B                C
5000        6000
After 3 months)                 10000        11000 After 6 months)                                                     10000 Ratio in which profit is distributed – 35:39:20 B exceed C by (19/94)*47000 = 9500

Partnerships - MCQ 5 - Question 10

Rahul got 5000 as his share out of the total profit of 9000. Ramesh had invested 3000 rupees for 6 months while rahul invested for the whole year. Find the amount invested by Rahul.

Detailed Solution for Partnerships - MCQ 5 - Question 10

Answer – 1.1875 Explanation : Amount invested by rahul  = P 12P : 3000*6
P:1500
So Rahul share = [p/(1500+p)]*9000 = 5000 P = 75*25 = 1875

Partnerships - MCQ 5 - Question 11

2 friends – A and B invested in a business by investing Rs 4000 and Rs 6000 respectively. After 8 months, A added Rs 400 more and B withdrew Rs 400.What is the profit of B from a total profit of Rs 14,250 after the end of a year?

Detailed Solution for Partnerships - MCQ 5 - Question 11

D) Rs 8,360 Explanation: A : B
4000*8 + 4400*4 : 6000*8 + 5600*4
31 : 44
So B gets = (44/75) * 14,250

Partnerships - MCQ 5 - Question 12

2 friends – A and B invested in a business by investing Rs 10,000 and Rs 12,000 respectively. After 8 months, both took out Rs 2,000. What is the profit of B from a total profit of Rs 24,800 after the end of a year?

Detailed Solution for Partnerships - MCQ 5 - Question 12

A) Rs 13,600 Explanation: A : B
10000*8 + 8000*4 : 12000*8 + 10000*4
14 : 17
So B gets = (17/31) * 24,800

Partnerships - MCQ 5 - Question 13

3 partners started a business. A, B and C invested Rs 5000, Rs 6000 and Rs 7000 respectively. After 4 months all invested the same amount as before for another 4 months. And then each of them invested Rs 1000 more. If after a year a total profit of Rs 46,500 is made, what is the profit of C?

Detailed Solution for Partnerships - MCQ 5 - Question 13

D) Rs 18,000 Explanation: 5000*4 +10,000*4 + 11,000*4 : 6000*4 +12,000*4 + 13,000*4 : 7000*4
+14,000*4 + 15,000*4
26 : 31 : 36
So C gets = (36/93) * 46,500

Partnerships - MCQ 5 - Question 14

The investment of A is twice as that of B and thrice as that of C. B invested for twice the months than A and thrice the months than C. Who will earn the highest profit?

Detailed Solution for Partnerships - MCQ 5 - Question 14

E) None of these Explanation: If A invested Rs x, then B Rs (x/2) and C invests Rs (x/3).
Let B invested for y months, then A for (y/2)months, and C for (y/3) months So ratio of profit sharesA : B : C
x*(y/2) : (x/2)*(y) : (x/3)*(y/3) 1/2 : 1/2 : 1/9 = 9 : 9 : 2
Both A and B gets equal and highest profits.

Partnerships - MCQ 5 - Question 15

Out of the total investment, A invested 1/4th , B invested 1/3rd of the remaining and C the remaining. B earned Rs 10,000 after a year. Find the yearly profit of all.

Detailed Solution for Partnerships - MCQ 5 - Question 15

B) Rs 40,000 Explanation: Let total investment = Rs x Then A’s = (1/4)*x Remaining = 3/4th of x So B’s investment = (1/3)*(3x/4) = x/4 And C’s = x – (x/4 + x/4) = x/2 so ratio of profits = x/4 : x/4 : x/2 = 1 : 1 : 2 so 1/4 * x = 10,000 x = 40,000

Partnerships - MCQ 5 - Question 16

A and B invested Rs 20,000 and Rs 25,000 in a business for 1 year and 8 months respectively. A being a working partner earned 25/3% profit out of a total profit of Rs 60,000 and after this the profit was divided in the ratio of their investments. What is the share of B in the annual profit?

Detailed Solution for Partnerships - MCQ 5 - Question 16

E) Rs 25,000 Explanation: A’s share : B’s share 20,000*12 : 25,000*8
6 : 5
A got its salary as = [(25/3)/100] * 60,000 = 5000 Remaining profit = 60,000 – 5000 = 55,000 So B gets = 5/11 * 55000

Partnerships - MCQ 5 - Question 17

Out of a total profit of Rs 19,600, B received Rs 10,000 as his share. If A invested Rs 8,000 for 6 months while B invested his amount for 5 months, then what is the amount invested by B?

Detailed Solution for Partnerships - MCQ 5 - Question 17

D) Rs 10,000 Explanation: Profits ratio = 8000*6 : x*5 = 9600 : x So [x/(9600+x)] * 19,600 = 10,000 Solve, x = 10,000

Partnerships - MCQ 5 - Question 18

A, B and C received their profit shares in the raio 4 : 6 : 9 respectively. A and B received a total of Rs 60,000. What is the amount that C and A got together?

Detailed Solution for Partnerships - MCQ 5 - Question 18

D) Rs 78,000 Explanation: Their shares are 4x, 6x, 9x resp. 4x + 6x = 60,000 x = 6,000 So C got 9*6000 = 54,000 and A got 4*6000 = 24000 So total = 78,000

Partnerships - MCQ 5 - Question 19

A, B and C start a business and their investments are in the ratio 4 : 3 : 6. Both A and B starts the business and C joins them after 6 months. It was decided that C will get a monthly salary of Rs 500 from the annual profits. C’s total salary came out to be 10% of the annual profit after a year. What is the share of A in the total profits?

Detailed Solution for Partnerships - MCQ 5 - Question 19

C) Rs 10,800 Explanation: After a year C gets salary = 500*6 = Rs 3,000 [Since C was for 6 months in the business with each month earning 500] So 10% of total profit after a year = 3,000 Total profit = Rs 30,000 A invested for 12 months, B for 12, and C for 6 months Ratio of profit shares = 4*12 : 3*12 : 6*6 = 4 : 3 : 3
Profit left after deducting salary of C = 30,000 – 3,000 = 27,000 So share of A = [4/(4+3+3)] * 27,000

Partnerships - MCQ 5 - Question 20

A, B and C enter into a partnership and their shares are in ratio 1/2 : 1/3 : 1/4, after 2 months, A withdraws half of his capital and after 12 months, a profit of Rs 1050 is divided among them. What is B’s share ?

Detailed Solution for Partnerships - MCQ 5 - Question 20

Answer- C(Rs.400) Explanation : Ratio of investments =1/2 : 1/3 : 1/4 , LCM of 2, 3, 4 = 12 ,multiply ratios with 12 we get 6 : 4 : 3 , so,initial investment be 6x, 2x and 3x so, we can write: A : B :C =(6x X 2 + 3x X 10 ) : (4x X 12) :(3x X 12) = 7:8:6 B’s share= (8/21) x 1050 = 400

296 videos|297 docs|179 tests
Information about Partnerships - MCQ 5 Page
In this test you can find the Exam questions for Partnerships - MCQ 5 solved & explained in the simplest way possible. Besides giving Questions and answers for Partnerships - MCQ 5, EduRev gives you an ample number of Online tests for practice

Top Courses for Bank Exams

296 videos|297 docs|179 tests
Download as PDF

Top Courses for Bank Exams