Aptitude Partnership Test Paper 311) The contributions made by Ravi and Suresh are in the ratio of 3:2. If 5% of total profit is donated and Ravi gets 8550 as his share of profit, what is the total profit?
Answer: C Explanation: Let the total profit = x Apply formula: Ravi's share = (Ravi's ratio/ sum of all ratios)* total profitRavi's share = (3/5) * x = 8550 x= (8550*5)/3 Total profit: x= 14250 ATQ, the Ravi gets 8550 after 5 % donated 12) A, B, and C invest 63000, 56000, and 84000 respectively to start a business. After one year, the profit is distributed in the ratio of their investments. If C's share of profit is Rs.54000, find the total profit earned.
Answer: B Explanation: Let the total profit = x Apply formula: Hence, the total profit = 130500 13) Two partners invest Rs.125000 and Rs. 85000 respectively in a business and agree that 60% of the profit should be divided equally between them and the remaining profit is to be treated as interest on capital. One partner gets 300 more than the other. Find the total profit made in the business.
Answer: D Explanation: The investment ratio is: 125000: 85000 Let a number x Total profit means sum of ratios = 25x+17x = 42x 14) A, B, and C enter into a partnership. A invests onefourth of the capital for onefourth of the time. B invests onefifth of the capital for half of the time. C contributes the remaining capital for the whole time. How should they divide a profit of Rs 1140?
Answer: C Explanation: Let capital is 1unit, and time is 1unit To calculate the investment ratio, take LCM of the denominators and multiply with each fraction. We get the investment ratio: 5:8:44 Total profit is 1140 Apply formula: A's share = (A's ratio/ sum of all three ratios)* total profit A's share = (5/57)* 1140 = 100 15) Praveen, Sunny, and Ashu Bhati start a business. Twice the capital of Praveen is equal to thrice the capital of Sunny and Sunny's capital is four times Ashu Bhati's capital. Find the Sunny's share if the total profit earned is 297000.
Answer: C Explanation: Let Praveen's capital = A So, the ratio of their investment = A: B: C ATQ, Now put the values in terms of B. Take the LCM of the denominators and multiply with every fraction. The LCM of 2, 1, and 4 is 4. Then, A: B: C = (3*4)/2: (1*4)/1: (1*4)/4 The profit ratio is A: B: C = 6: 4: 1 The Total profit is 297000
Apply formula: Sunny's share = (Sunny's ratio/ sum of all three ratios)* total profitSunny's share = (4/11) * 297000 = 108000 Aptitude Partnership Test Paper 1 Aptitude Partnership Test Paper 2 Partnership Concepts
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