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3/24/2015

BankersAdda:QuantquizPartnership

QuantquizPartnership
1.AandBstartedapartnershipbusinessinvestingsomeamountinthe
ratio of 3 : 5. C joined them after six months with an amount equal to
thatofB.Inwhatproportionshouldtheprofitattheendofoneyearbe
distributedamountA,BandC?
A.3:7:5
B.6:10:5
C.6:10:7
D.6:7:5
E.noneofthese
2.Three partners A,B and C shared the profit in a software business in
the ratio 5:7:8. They had partnered for 14 months, 8 months and 7
monthsrespectively.Findtheratiooftheirinvestments?
A.19:49:64
B.20:49:64
C.20:49:65
D.20:50:64
E.noneofthese
3.AstartsbusinesswithRs.3500andafter5months,BjoinswithAas
hispartner.Afterayear,theprofitisdividedintheratio2:3.WhatisB's
contributioninthecapital?
A.Rs9000
B.Rs7000
C.Rs5000
D.Rs4000
E.noneofthese
4.Dheeraj distributed his total assets to his wife,three sons,two
daughters and five grandchildrens in such a way that each grandchild
gotoneeighthofeachsonoronetenthofeachdaughter,hiswifegot
40% of the total share of his sons and daughters together.if each
daughter recieved asset of worth Rs.1.25 lakh.What was the total worth
ofassetsrecievedbyhiswifeandthethreegrandchildrentogether?
A.Rs.32500
B.Rs.257500
C.Rs.282500
D.Cannotbedetermined
E.noneofthese
5.ManojreceivedRs.6000ashisshareoutofthetotalprofitofRs.9000
which he and Ramesh earned at the end of one year. If Manoj invested
Rs.120000 for 6 months, whereas Ramesh invested his amount for the
wholeyear,whatwastheamountinvestedbyRamesh?
A.Rs.20000
B.Rs.30000
C.Rs.40000
D.Rs.50000
E.noneofthese
6.Yogesh started a business investing Rs. 45000. After 3 months,
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Pranab joined him with a capital of Rs. 60000. After another 6 months,
AtuljoinedthemwithacapitalofRs.90000.Attheendoftheyear,they
madeaprofitofRs.20000.WhatwouldbeAtulsshareinit?
A.Rs7000
B.Rs6000
C.Rs5000
D.Rs4000
E.noneofthese
7.In business, A and C invested amounts in the ratio 2:1, whereas the
ratio between amounts invested by A and B was 3:2, If Rs 157300 was
theirprofit,howmuchamountdidBreceive?
A.Rs48000
B.Rs47000
C.Rs47400
D.Rs48400
E.noneofthese
8.AandBenteredintoapartnershipinvestingRs.16000andRs.12000
respectively.After3months,AwithdrewRs.5000whileBinvestedRs.
5000 more. After another 3 more months C joins the business with a
capital of Rs. 21000. The share of B exceeds that of C, out of a total
profitofRs.26400afteroneyearby?
A.Rs.3200
B.Rs.3400
C.Rs.3600
D.Rs.3800
E.noneofthese
9.A, B and C jointly thought of engaging themselves in a business
venture.ItwasagreedthatAwouldinvestRs.6500for6months,B,Rs.
8400 for 5 months and C, Rs. 10,000 for 3 months. A wants to be the
working member for which, he was to receive 5% of the profits. The
profitearnedwasRs.7400.CalculatetheshareofBintheprofit?
A.Rs.1900
B.Rs.2660
C.Rs.2800
D.Rs.2840
E.noneofthese
10.AmanstartedabusinessinvestingRs.70,000.Rakhijoinedhimafter
sixmonthswithanamountofRs..1,05,000andSagarjoinedthemwith
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,3yearsafterAmanstartedthebusiness?
A.7:6:10
B.12:15:16
C.42:45:56
D.Cannotbedetermined
E.noneofthese
NexttopicisSimpleinterestandCompoundinterest.
Answers:
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1.(B)
Let initial investment of A is 3x and B is 5x, then C investment is also 5x,
butmostimportanttonoteinthisquestionisthetimedurationofinvestment
Like,Ainvestedfor12months,Binvestedfor12monthsandCinvestedfor
6months.
A:B:C=(3x*12):(5x*12):(5x*6)
=36:60:30
=6:10:5
2.(B)
LettheirinvestmentsbeRs.xfor14months,Rs.yfor8monthsandRs.z
for7monthsrespectively
Then,14x:8y:7z=5:7:8
Now,14x/8y=5/7
y=(49/20)x
14x/7z=5/8
z=(16/5)x
x:y:z=x:(49/20)x:(16/5)x
20:49:64
3.(A)
LetBcontributionisx.
(350012)/7x=2/3
14x=126000
x=Rs9000
4.(B)
Shareofonegrandchild=1/10*1.25=Rs.0.125lakh
Eachsongets=8*0.125=Rs.1lakh
Shareof3sonns=Rs.3lakhs
Shareof2daughters=2*1.25=Rs.2.5lakhs
Totalsharesofsonsanddaughters=Rs.5.5lakhs
Wife'sshare=2/5*5.5=Rs.2.2lakhs
Shareofthreegrandchildren=3*0.125=Rs.0.375lakhh
Requiredanswer
=(2.2+0.375)lakh
Rs.2.575lakhs
Rs.257500
5.(B)
SupposeRameshinvestedRs.x.Then,
Manoj:Ramesh=120000*6:x*12.
720000/12x:6000/3000
x=30000
6.(D)
Justtakecareofthemonthsofinvestment,restallwillbesimple.
Yogesh:Pranab:Atul=45000*12:60000*9:90000*3
=2:2:1
Atul'sshare=Rs.20000*(1/5)=Rs.4000
7.(D)
A:B=3:2=6:4
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A:C=2:1=6:3
A:B:C=6:4:3
Bshare=(4/13)*157300
=48400
8.(C)
A:B:C=16000*3+11000*9:12000*3+17000*9:21000*6
=147:189:126=7:9:6
DifferenceofBandC'sshares=
Rs.[26400*(9/22)26400*(6/22))
=Rs.3600
9.(B)
Formanaging,Areceived=5%ofRs.7400=Rs.370.
Balance=Rs.(7400370)=Rs.7030.
Ratiooftheirinvestments=(6500x6):(8400x5):(10000x3)
=39000:42000:30000
=13:14:10
B'sshare=Rs.(7030x14/37)=Rs.2660.
10.(B)
Aman:Rakhi:Sagar=(70,000x36):(1,05,000x30):(1,40,000x24)=12
:15:16.

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