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PARTNERSHIP
PARTNERSHIP QUANTITATIVE APTITUDE MOCK TEST SET 3
January 17, 2016
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1. A,B &C invested capitals in the ratio 2:3:4 At the end of business term they received the profits in the ratio 3:6:10. Find the ratio of the times for which they contributed their capitals
(a)4:6:5
(b)3:4:5
(c)5:4:5
(d)4:5

Answer

b

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2. A starts a business with Rs. 60,000 & 6 months later B joins. If at the end of year, the profits are divided by A & B in the proportion of 4:3 what was B’s capital?
(a)Rs 60,000
(b)Rs. 75,000
(c )Rs.90,000
(d)Rs. 1,00,000
(e)None

Answer

c

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3. Aniket started a business investing Rs. 16,000. Sanket joined him after 4 months by investing Rs. 24,000. What would be sanket’s share in the profit of Rs. 20,000 at the end of the year?
(a)Rs. 12,000
(b)Rs. 10,000
(c )Rs. 14,000
(d)Rs.12,500
(e)None

Answer

b

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4. Alok started a business investing Rs. 90,000 After 3 months shabir joined him with a capital of Rs. 1,20,000/. If at the end of 2 years, the total profit made by them was Rs. 96,000, what will be the difference between their shares?
(a)Rs. 20000
(b)Rs. 24000
(c )Rs.8000
(d)10000
(e)None

Answer

e

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5. A & B invested in the ratio 3:2 in a business if 5% of the total profit goes to charity & A’s share is Rs. 855, find the total profit.
(a)Rs. 1500
(b)Rs.1200
(c)Rs. 1400
(d)Rs.1300
(e)None

Answer

a

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6. In a partnership, A Invested 1/6 of the capital for 1/6 of the time, B invested 1/3 of the capital for 1/3 of the time. & c invested the rest of the capital for the whole period. At the end of the period they earned a profit of Rs. 4600. Find the share of B.
(a)Rs. 850
(b)Rs.800
(c )Rs.790
(d)Rs. 600
(e)none

Answer

b

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7. Two partner invests Rs. 1,50,000 & Rs. 75,000 respectively in a business & agree that 60% of the profit should be divided equally between them & the remaining profit treated as intrest on capital. If one partner gets Rs .500 more than the other, find the total profit made in business.
(a)Rs. 4000
(b)Rs.5000
(c )Rs. 3500
(d)Rs.3750
(e)Rs.3000

Answer

d

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8. Ram & Mohan started a business investing Rs. 6000 & Rs. 9000 respectively. Ram withdrew his capital after 8 months what will be ram’s share in profit of rs. 2600 after one year?
(a)Rs. 400
(b)Rs.600
(c )Rs.1200
(d)Rs.900
(e)None

Answer

e

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9. Anup & Bimla started a business investing Rs. 15000 & Rs. 22500 respectively. In what proporation will the profit be distributed
(a)1:2
(b)1:30
(c )1:4
(d)can’t determined
(e)none

Answer

e

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10. Two friends invested of Rs. 40,000 & Rs. 30,000 respectively for 8 months & one year At the end of year a profit of Rs. 8000 was general in what ratio will be the profit be distributed?
(a)2:1
(b)3:2
(c )4:3
(d)1:1
(e)none

Answer

e

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11. A,B and C enter into a partnership .A initially invests Rs. 25 lakh & adds another Rs. 10 lakh after one year, B initially invests Rs. 35 lakh & withdraws Rs. 10 lakh after two years . C invests Rs. 30 lakh. In what ratio should be profit be divided at the end of the three years.
(a)20:19:18
(b)10:10:9
(c )11:9
(d)12:9
(e)None

Answer

e

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12. Ram & Rahim a business by investing Rs. 1,00,000 & Rs. 1,25,000 respectively. Find the share of each out of an annual profit of Rs. 22,500.
(a)10500&13500
(b)10000 & 12500
(c)11000 & 13000

Answer

b

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13. Rajan, vinod & Ashok start a business each investing Rs. 20,000.After 5 months Ranjan withdrew Rs.5000, vinod withdrew Rs.4000 & Ashok invests Rs. 6000 more. At the end of the year, a total profit of Rs. 69900 was recorded find the share of each.
(a)21000:22500:29000
(b)20000:21500:28000
(c)21500:21000:28500
(d)20500:21200:28200
(e)none

Answer

d

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14. Ugesh started a business investing Rs. 45000 After 3 months pralad joined them with a capital of Rs. 90000. At the end of the year, they made a profit Rs. 20000. What would be Ugesh’s share in it?
(a)Rs 4000
(b)Rs 4500
(c )Rs.6000
(d)Rs 8000

Answer

d

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