Aptitude Partnership Test Paper 11) Sohan started a business with a capital of Rs. 80000. After 6 months Mohan joined as a partner by investing Rs. 65000. After one year they earned total profit Rs. 20000. What is share of Sohan in the profit?
The Correct answer is (B) Explanation: Sohan's capital be C1 = 80000 Mohan's capital be C2 = 65000 Sohan's time be T1 = 12 months Mohan's time be T2 = 6 months Profit earned = 20000 Apply formula: Therefore, Sohan's share =
Solution: 2 Ratio of their profits =
Therefore, Profit of Sohan: Profit of Mohan = 32:13 Then, Sohan's share =* 20000= 14222.2 2) A, B and C are partners. They have invested Rs.35000, Rs. 25000 and 10,000 respectively for the same period. If the total profit is Rs. 18000, find the share of A.
The Correct answer is (A) Explanation: A's capital be C1= 35000 B's capital be C2= 25000 C's capital be C3= 10000 Profit = 18000 T1=T2=T3 Apply formula:
Solution 2: Ratio of their profits; Profit of A: Profit of B: Profit of C = C1*T1: C2*T2:C3*T3 Time is same for A, B and C. So, Profit of A: Profit of B: Profit of C = C1: C2: C3 = 35000:25000:10000 = 7:5:2 A's share = (A's ratio/ sum of all three ratios)* total profit
3) A's and B's shares in a business are in the ratio of 5:3. If A has invested Rs. 70000 for 12 months, for what period B has invested Rs. 60000?
The Correct answer is (D) Explanation: A's capital be C1 = 70000 B's capital be C2 = 60000 A's time be T1= 12 months Let B's time be T2 = X months A's share: B's share = 5:3 Apply formula: 300000 X = 2520000 4) Suresh started a business by investing a certain amount of money. Rakesh joined him after four months by investing Rs. 50000. If after one year Suresh and Rakesh share the profit in the ratio of 10:8, how much capital did Suresh invest?
The Correct answer is (D) Explanation: Let Suresh's capital be C1 = X Rakesh's capital be C2 = 50000 Suresh's Time be T1 = 12 months Rakesh's Time be T2 = 8 months Suresh's profit: Rakesh's profit = 10:8 Apply formula: X = 41666.7 5) A and B enter into a partnership by investing Rs.14000 and Rs. 16000 respectively. After 8 months, C joins them with a capital of Rs.12000. Find the share of C in a total profit of Rs. 57000 after 2 years.
The Correct answer is (A) Explanation: A's capital be C1 = 14000 B's capital be C2 = 16000 C's capital be C3 = 12000 A's time be T1 = 24 months B's time be T2 = 24 months C's time be T3 = 16 months Profit: 57000 Apply formula: Profit of A: Profit of B: Profit of C = C1*T1: C2*T2:C3*T3 = 14000*24: 16000*24:12000*16 = 336000:384000:192000 = 7: 8: 4 Solution 2: Aptitude Partnership Test Paper 2 Aptitude Partnership Test Paper 3 Partnership Concepts
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