Partnership

Aman started a business investing Rs. 70,000. Rakhi joined him after six months with an amount of Rs.. 1,05,000 and Sagar joined them with Rs. 1.4 lakhs after another six months. The amount of profit earned should be distributed in what ratio among Aman, Rakhi and Sagar respectively, 3 years after Aman started the business?

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Question: Aman started a business investing Rs. 70,000. Rakhi joined him after six months with an amount of Rs.. 1,05,000 and Sagar joined them with Rs. 1.4 lakhs after another six months. The amount of profit earned should be distributed in what ratio among Aman, Rakhi and Sagar respectively, 3 years after Aman started the business?

[A].

7 : 6 : 10

[B].

12 : 15 : 16

[C].

42 : 45 : 56

[D].

Cannot be determined

Answer: Option B

Explanation:

Aman : Rakhi : Sagar = (70,000 x 36) : (1,05,000 x 30) : (1,40,000 x 24) = 12 : 15 : 16.

A and B started a business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, C joined them with Rs. 20,000. What will be B’s share in total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business?

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Question: A and B started a business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, C joined them with Rs. 20,000. What will be B’s share in total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business?

[A].

Rs. 7500

[B].

Rs. 9000

[C].

Rs. 9500

[D].

Rs. 10,000

Answer: Option A

Explanation:

A : B : C = (20,000 x 24) : (15,000 x 24) : (20,000 x 18) = 4 : 3 : 3.

B’s share = Rs. 25000 x 3 = Rs. 7,500.
10

Simran started a software business by investing Rs. 50,000. After six months, Nanda joined her with a capital of Rs. 80,000. After 3 years, they earned a profit of Rs. 24,500. What was Simran’s share in the profit?

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Question: Simran started a software business by investing Rs. 50,000. After six months, Nanda joined her with a capital of Rs. 80,000. After 3 years, they earned a profit of Rs. 24,500. What was Simran’s share in the profit?

[A].

Rs. 9,423

[B].

Rs. 10,250

[C].

Rs. 12,500

[D].

Rs. 10,500

Answer: Option D

Explanation:

Simran : Nanda = (50000 x 36) : (80000 x 30) = 3 : 4.

Simran’s share = Rs. 24500 x 3 = Rs. 10,500.
7

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?

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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

A, B and C enter into a partnership. They invest Rs. 40,000, Rs. 80,000 and Rs. 1,20,000 respectively. At the end of the first year, B withdraws Rs. 40,000, while at the end of the second year, C withdraws Rs. 80,000. IN what ratio will the profit be shared at the end of 3 years?

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A, B and C enter into a partnership. They invest Rs. 40,000, Rs. 80,000 and Rs. 1,20,000 respectively. At the end of the first year, B withdraws Rs. 40,000, while at the end of the second year, C withdraws Rs. 80,000. IN what ratio will the profit be d at the end of 3 years?

A. 2:3:5
B. 3:4:7
C. 4:5:9
D. None of these
Explanation:
A:B:C = (40000 * 36) : (80000 * 12 + 40000 * 24) : (120000 * 24 + 40000 * 12)
= 144:192:336 = 3:4:7

Ameen started a business investing Rs. 70,000. Rahim joined him after six months with an amount of Rs. 1,05,000 and sameer joined them with Rs. 1.4 lakhs after another six months. The amount of profit earned should be distributed in what ratio among Ameen, Rahim and Sameer respectively, 3 years after Ameen started the business?

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Ameen started a business investing Rs. 70,000. Rahim joined him after six months with an amount of Rs. 1,05,000 and sameer joined them with Rs. 1.4 lakhs after another six months. The amount of profit earned should be distributed in what ratio among Ameen, Rahim and Sameer respectively, 3 years after Ameen started the business?

A. 7:6:10
B. 12:15:16
C. 42:45:56
D. Cannot be determined
E. None of these
Explanation:
Ameen : Rahim : Sameer = (70000 * 36) : (105000 * 30) : (140000 * 24)
= 12:15:16

A and B started business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, C joined them with Rs. 20,000. What will be B’s share in the total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business?

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A and B started business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, C joined them with Rs. 20,000. What will be B’s in the total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business?

A. Rs. 7500
B. Rs. 9000
C. Rs. 9500
D. Rs. 10,000
E. None of these
Explanation:
A:B:C = (20000 * 24) : (15000 * 24) : (20000 * 18) = 4:3:3
B’s = 25000 * 3/10 = Rs. 7500.

Sameena started a software business by investing Rs. 50,000. After six months, Nida joined her with a capital of Rs. 80,000. After 3 years, they earned a profit of Rs. 24,500. What was Saneena’s share in the profit?

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Sameena started a software business by investing Rs. 50,000. After six months, Nida joined her with a capital of Rs. 80,000. After 3 years, they earned a profit of Rs. 24,500. What was Saneena’s in the profit?

A. Rs. 9423
B. Rs. 10,250
C. Rs. 12,500
D. Rs. 14,000
E. None of these
Explanation:
Simran : Nanda = (50000 * 36) : (80000 * 30) = 3:4
Simran’s = 24500 * 3/7 = Rs. 10500

Kamal started a business investing Rs. 9000. After five months, Sameer joined with a capital of Rs. 8000. If at the end of the year, they earn a profit of Rs. 6970, then what will be the share of Sameer in the profit?

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Kamal started a business investing Rs. 9000. After five months, Sameer joined with a capital of Rs. 8000. If at the end of the year, they earn a profit of Rs. 6970, then what will be the of Sameer in the profit?

A. Rs. 1883.78
B. Rs. 2380
C. Rs. 3690
D. Rs. 3864
Explanation:
Kamal : Sameer = (9000 * 12) : (8000 * 7)
= 108:56 = 27:14
Sameer’s = 6970 * 14/41 = Rs. 2380.

A, B, C enter into a partnership investing Rs. 35,000, Rs. 45,000 and Rs. 55,000 respectively. The respective shares of A, B, C in annual profit of Rs. 40,500 are:

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A, B, C enter into a partnership investing Rs. 35,000, Rs. 45,000 and Rs. 55,000 respectively. The respective s of A, B, C in annual profit of Rs. 40,500 are:

A. Rs. 10,500, Rs. 13,500, Rs. 16,500
B. Rs. 11,500, Rs. 13,000, Rs. 16,000
C. Rs. 11,000, Rs. 14,000, Rs. 15,500
D. Rs. 11,500, Rs. 12,500, Rs. 16,500
Explanation:
A:B:C = 35000 : 45000 : 55000 = 7:9:11
A’s = 40500 * 7/27 = Rs. 10500
B’s = 40500 * 9/27 = Rs. 13500
C’s = 40500 * 11/27 = Rs. 16500