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Partnership

Anees and Raees started a business investing Rs. 22,500 and Rs. 35,000 respectively. Out of a total profit of Rs. 13,800, Raees’s share is:________?

Mathematics Mcqs, Partnership /
Anees and Raees started a business investing Rs. 22,500 and Rs. 35,000 respectively. Out of a total profit of Rs. 13,800, Raees’s is:________?

A. Rs. 5400
B. Rs. 7200
C. Rs. 8400
D. Rs. 9600
Explanation:
Ratio of their s = 22500 : 35000 = 9:14
Raees’s = 13800 * 14/23 = Rs. 8400.

Anees and Raees started a business investing Rs. 22,500 and Rs. 35,000 respectively. Out of a total profit of Rs. 13,800, Raees’s share is:________? Read More »

Mathematics Mcqs, Partnership

P and Q started a business investing Rs. 85,000 and Rs. 15,000 respectively. In what ratio the profit earned after 2 years be divided between P and Q respectively?

Mathematics Mcqs, Partnership /
P and Q started a business investing Rs. 85,000 and Rs. 15,000 respectively. In what ratio the profit earned after 2 years be divided between P and Q respectively?

A. 3:4
B. 3:5
C. 15:23
D. 17:23
E. None of these
Explanation:
P:Q = 85000 : 15000 = 17:3.

P and Q started a business investing Rs. 85,000 and Rs. 15,000 respectively. In what ratio the profit earned after 2 years be divided between P and Q respectively? Read More »

Mathematics Mcqs, Partnership

X and Y started a business with capitals Rs. 20000 and Rs. 25000. After few months Z joined them with a capital of Rs. 30000. If the share of Z in the annual profit of Rs. 50000 is Rs. 14000, then after how many months from the beginning did Z join?

Mathematics Mcqs, Partnership /
X and Y started a business with capitals Rs. 20000 and Rs. 25000. After few months Z joined them with a capital of Rs. 30000. If the of Z in the annual profit of Rs. 50000 is Rs. 14000, then after how many months from the beginning did Z join?

A. 7
B. 6
C. 3
D. 4
E. None of these
Explanation:
Investments of X, Y and Z respectively are Rs. 20000, Rs. 25000 and Rs. 30000
Let investment period of Z be x months.
Ratio of annual investments of X, Y and Z is (20000 * 12) : (25000 * 12) : (30000 * x)
= 240 : 300 : 30x = 8 : 10 : x
The of Z in the annual profit of Rs. 50000 is Rs. 14000.
=> [x/ (18 + x)] 50000 = 14000 => [x/ (18 + x)] 25 = 7
=> 25x = 7x + (18 * 7) => x = 7 months.
Z joined the business after (12 – 7) months. i.e., 5 months.

X and Y started a business with capitals Rs. 20000 and Rs. 25000. After few months Z joined them with a capital of Rs. 30000. If the share of Z in the annual profit of Rs. 50000 is Rs. 14000, then after how many months from the beginning did Z join? Read More »

Mathematics Mcqs, Partnership

P and Q started a business with respective investments of Rs. 4 lakhs and Rs. 10 lakhs. As P runs the business, his salary is Rs. 5000 per month. If they earned a profit of Rs. 2 lakhs at the end of the year, then find the ratio of their earnings?

Mathematics Mcqs, Partnership /
P and Q started a business with respective investments of Rs. 4 lakhs and Rs. 10 lakhs. As P runs the business, his salary is Rs. 5000 per month. If they earned a profit of Rs. 2 lakhs at the end of the year, then find the ratio of their earnings?

A. 2 : 5
B. 5 : 2
C. 3 : 5
D. 1 : 1
E. None of these
Explanation:
Ratio of investments of P and Q is 2 : 5
Total salary claimed by P = 12 * 5000 = Rs. 60000
Total profit = Rs. 2 lakhs.
Profit is to be d = Rs. 140000
of P = (2/7) * 140000 = Rs. 400000
of Q = Rs. 100000
Total earnings of P = (60000 + 40000) = Rs. 100000
Ratio of their earnings = 1 : 1

P and Q started a business with respective investments of Rs. 4 lakhs and Rs. 10 lakhs. As P runs the business, his salary is Rs. 5000 per month. If they earned a profit of Rs. 2 lakhs at the end of the year, then find the ratio of their earnings? Read More »

Mathematics Mcqs, Partnership

Four car rental agencies A, B, C and D rented a plot for parking their cars during the night. A parked 15 cars for 12 days, B parked 12 cars for 20 days, C parked 18 cars for 18 days and D parked 16 cars for 15 days. If A paid Rs. 1125 as rent for parking his cars, what is the total rent paid by all the four agencies?

Mathematics Mcqs, Partnership /
Four car rental agencies A, B, C and D rented a plot for parking their cars during the night. A parked 15 cars for 12 days, B parked 12 cars for 20 days, C parked 18 cars for 18 days and D parked 16 cars for 15 days. If A paid Rs. 1125 as rent for parking his cars, what is the total rent paid by all the four agencies?

A. Rs. 4500
B. Rs. 4800
C. Rs. 5250
D. Rs. 6150
E. None of these
Explanation:
The ratio in which the four agencies will be paying the rents = 15 * 12 : 12 * 20 : 18 * 18 : 16 * 15
= 180 : 240 : 324 : 240 = 45 : 60 : 81 : 60
Let us consider the four amounts to be 45k, 60k, 81k and 60k respectively.
The total rent paid by the four agencies = 45k + 60k + 81k + 60k= 246k
It is given that A paid Rs. 1125
45k = 1125 => k = 25
246k = 246(25) = Rs. 6150
Thus the total rent paid by all the four agencies is Rs. 6150.

Four car rental agencies A, B, C and D rented a plot for parking their cars during the night. A parked 15 cars for 12 days, B parked 12 cars for 20 days, C parked 18 cars for 18 days and D parked 16 cars for 15 days. If A paid Rs. 1125 as rent for parking his cars, what is the total rent paid by all the four agencies? Read More »

Mathematics Mcqs, Partnership

A started a business with an investment of Rs. 70000 and after 6 months B joined him investing Rs. 120000. If the profit at the end of a year is Rs. 52000, then the share of B is?

Mathematics Mcqs, Partnership /
A started a business with an investment of Rs. 70000 and after 6 months B joined him investing Rs. 120000. If the profit at the end of a year is Rs. 52000, then the of B is?

A. Rs. 28000
B. Rs. 24000
C. Rs. 30000
D. Rs. 26000
E. None of these
Explanation:
Ratio of investments of A and B is (70000 * 12) : (120000 * 6) = 7 : 6
Total profit = Rs. 52000
of B = 6/13 (52000) = Rs. 24000

A started a business with an investment of Rs. 70000 and after 6 months B joined him investing Rs. 120000. If the profit at the end of a year is Rs. 52000, then the share of B is? Read More »

Mathematics Mcqs, Partnership

A, B and C started a business with capitals of Rs. 8000, Rs. 10000 and Rs. 12000 respectively. At the end of the year, the profit share of B is Rs. 1500. The difference between the profit shares of A and C is?

Mathematics Mcqs, Partnership /
A, B and C started a business with capitals of Rs. 8000, Rs. 10000 and Rs. 12000 respectively. At the end of the year, the profit of B is Rs. 1500. The difference between the profit s of A and C is?

A. Rs. 300
B. Rs. 400
C. Rs. 500
D. Rs. 600
E. None of these
Explanation:
Ratio of investments of A, B and C is 8000 : 10000 : 12000 = 4 : 5 : 6
And also given that, profit of B is Rs. 1500
=> 5 parts out of 15 parts is Rs. 1500
Now, required difference is 6 – 4 = 2 parts
Required difference = 2/5 (1500) = Rs. 600

A, B and C started a business with capitals of Rs. 8000, Rs. 10000 and Rs. 12000 respectively. At the end of the year, the profit share of B is Rs. 1500. The difference between the profit shares of A and C is? Read More »

Mathematics Mcqs, Partnership

A and B start a business, with A investing the total capital of Rs.50000, on the condition that B pays A interest @ 10% per annum on his half of the capital. A is a working partner and receives Rs.1500 per month from the total profit and any profit remaining is equally shared by both of them. At the end of the year, it was found that the income of A is twice that of B. Find the total profit for the year?

Mathematics Mcqs, Partnership /
A and B start a business, with A investing the total capital of Rs.50000, on the condition that B pays A interest @ 10% per annum on his half of the capital. A is a working partner and receives Rs.1500 per month from the total profit and any profit remaining is equally d by both of them. At the end of the year, it was found that the income of A is twice that of B. Find the total profit for the year?

A. 53000
B. 58000
C. 50000
D. 59000
Explanation:
Interest received by A from B = 10% of half of Rs.50000 = 10% * 25000 = 2500.
Amount received by A per annum for being a working partner = 1500 * 12 = Rs.18000.
Let ‘P’ be the part of the remaining profit that A receives as his . Total income of A = (2500 + 18000 + P)
Total income of B = only his from the remaining profit = ‘P’, as A and B the remaining profit equally.
Income of A = Twice the income of B
(2500 + 18000 + P) = 2(P)
P = 20500
Total profit = 2P + 18000
= 2*20500 + 18000 = 59000

A and B start a business, with A investing the total capital of Rs.50000, on the condition that B pays A interest @ 10% per annum on his half of the capital. A is a working partner and receives Rs.1500 per month from the total profit and any profit remaining is equally shared by both of them. At the end of the year, it was found that the income of A is twice that of B. Find the total profit for the year? Read More »

Mathematics Mcqs, Partnership

A and B invests Rs.8000 and Rs.9000 in a business. After 4 months, A withdraws half of his capital and 2 months later, B withdraws one-third of his capital. In what ratio should they share the profits at the end of the year?

Mathematics Mcqs, Partnership /
A and B invests Rs.8000 and Rs.9000 in a business. After 4 months, A withdraws half of his capital and 2 months later, B withdraws one-third of his capital. In what ratio should they the profits at the end of the year?

A. 20:23
B. 34:43
C. 32:45
D. 37:45
Explanation:
A : B
(8000*4)+(4000*8) : (9000*6)+(6000*6)
64000 : 90000
32 : 45

A and B invests Rs.8000 and Rs.9000 in a business. After 4 months, A withdraws half of his capital and 2 months later, B withdraws one-third of his capital. In what ratio should they share the profits at the end of the year? Read More »

Mathematics Mcqs, Partnership

A and B invests Rs.10000 each, A investing for 8 months and B investing for all the 12 months in the year. If the total profit at the end of the year is Rs.25000, find their shares?

Mathematics Mcqs, Partnership /
A and B invests Rs.10000 each, A investing for 8 months and B investing for all the 12 months in the year. If the total profit at the end of the year is Rs.25000, find their s?

A. Rs.8000, Rs.17000
B. Rs.9000, Rs.16000
C. Rs.18000, Rs.7000
D. Rs.10000, Rs.15000
Explanation:
The ratio of their profits A:B = 8:12 = 2:3
of A in the total profit = 2/5 * 25000 = Rs.10000 of A in the total profit = 3/5 * 25000 = Rs.15000

A and B invests Rs.10000 each, A investing for 8 months and B investing for all the 12 months in the year. If the total profit at the end of the year is Rs.25000, find their shares? Read More »

Mathematics Mcqs, Partnership