1. PARTNERSHIP QUESTIONS FOR APTITUDE TESTS by : DR. T.K. JAIN AFTERSCHO ☺ OL centre for social entrepreneurship sivakamu veterinary hospital road bikaner 334001 rajasthan, india FOR – PGPSE / CSE PARTICIPANTS mobile : 91+9414430763
2. My words.... Here I present a few basic questions on Partnership. I wish that more people should become entrepreneurs. An ordinary Indian entrepreneur wishes to remain an honest entrepreneur and contribute to the development of nation but we have to strengthen those institutions which truly promote entrepreneurship, not just degree granting institutions. Let us work together to promote knowledge, wisdom, social development and education. We believe in free education for all, free support for all, entrepreneurship opportunities and training for all. Let us work together for these goals. ... I alone cant do much, I need support of perosns like you .......... ...
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? Profit can be divided either in capital ratio or equally. Here we assume that profit is divided in capital ratio : 85:15 or 17:3 answer
4. P and Q started a business investing Rs 85,000 each. However, P withdrew 20% of his capital after 1.5 year and Q doubled his investment after 20 months. . In what ratio the profit earned after 2 years be divided between P and Q respectively? Profit can be divided either in capital ratio or equally. Here we assume that profit for 2 nd year is divided in capital ratio : p = (85*6 + 68*6) =918 Q = (85*6 + 170*6) =1530 their ratio : 918:1530 or 3:5 answer
5. A,B and C started a business by investing Rs 1,20,000, Rs 1,35,000 and Rs 1,50,000.Find the share of each ,out of an annual profit of Rs 56,700? Their profit sharing ratio as per their capital : 120: 135:150 or 8:9:10 share of A =8/27 *56700 = 16800 share of B = 9/27 *56700 = 18900 share of C = 10/27 *56700 = 21000 answer
6. A,B and C started a business by investing Rs 2,20,000, Rs 350000 and Rs 4,50,000.Find the share of each ,out of an annual profit of Rs 10200 ? Their profit sharing ratio as per their capital : 22:35:45 share of A =22/102 *10200 = 2200 share of B = 35/102 *10200 = 3500 share of C =45/102 *10200 = 4500 answer
7. 3 milkman A,B,C rented a pasture A grazed his 45 cows for 12 days B grazed his 36 cows for 15 days and c 60 cows for 10 days. If b's share of rent was Rs 540 What is the total rent? Share of A = 45*12 = 540 share of B = 36*15 = 540 share of C = 60 * 10 = 600 share of B's rent is 540, that means total rent is : (540+540+600) = 1680 answer
8. 3 milkman A,B,C rented a pasture A grazed his 90 cows for 6 days B grazed his 15 cows for 20 days and c 30 cows for 5 days. If C's share of rent was Rs 300 What is A's rent ? Share of A = 90*6 = 540 share of B = 15*20= 300 share of C = 30*5= 150 share of c's rent is 300, that meansthe rent is twice the total cow-days. So A's rent should be 1080 answer
9. Ram and Krishn entered into a partnership with Rs 50,000 and Rs 60,000, after 4 months Ram invested Rs 25,000 more while Krishn withdraw Rs 20,000 . Find the share of Ram in the annual profit of Rs 289,000. Ram's share = (50*4 + 75*8) =800 Krishn's share = (60*4 + 40*8) =560 share of ram = (80)/(80+56) * 289000 =170000 answer
10. A,B,C enter into partnership .A invests 3 times as much as B invests and B invests two third of what C invests. At the end of the year ,the profit earned is Rs 6600. what is the share of B? Let us start from C. Suppose C invests Rs. 3. B will invest 2/3 of 3 = 2. Thus A would invest 6 total investment = 11 share of B = 2/11 * 6600 = 1200 answer
11. A,B,C enter into partnership . A invests two third of what B invests and B invests two third of what C invests. At the end of the year ,the share of A is 2000, what is the share of B and C? (start with the last - here C) Suppose C invests (3*3) = 9 B will invest = 9 * 2/3 = 6 A will invest = 6 * 2/3 = 4 thus if share of A is known, we can find share of B and C also. B = 6/4 * 2000 = 3000 C = 9/4 * 2000 = 4500 shortcut = simply multiply 2000 *3/2 for B and again by 3/2 for C. You will get the answer
12. A,B and C enter into a partnership by investing in the ratio of 3:2:4. After one year ,B invests another Rs 2,70,000 and C,at the end of 2 years, also invests Rs 2,70,000.At the end of 3 years,profit are shared in the ratio of 3:4:5.Find the initial investment of each? Share of A = 3x*3 = 9x share of B = 2x*3 + 270*2 = 6x+540 Share of C =4x*3+270*1 = 12x+270 based on new ratio : 9x/3 = (12x+270)/5 3x=2.4x+54 or .6x=54 or x= 54/.6 = 90 so initial investments were : A : 270, B 180 and C 360 (all in thousands). Answer
13. A,B and C enter into a partnership by investing in the ratio of 3:2:4. After one year ,B invests another Rs 300,000 and C,at the end of 2 years, also invests Rs 300,000.At the end of 3 years,profit are shared in the ratio of 2:2:3 .Find the initial investment of each? Share of A = 3x*3 = 9x share of B = 2x*3 + 300*2 = 6x+600 Share of C =4x*3+300*1 = 12x+300 based on new ratio : 9x / 2 = (12x+300)/3 4.5x = 4x+100 or .5x = 100 or x = 200 initial investment by A = 600, B = 400 and C =800 (all in '000) answer
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