Partnership questions will be asked in bank exams like SBI Clerk, SBI Po and IBPS exams, The concept is really simple and with a good practice you can solve this partnership topic problems easily.
Partnership Questions and Answers For Bank Exams – SBI Clerk:
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Question 1:
A, B and C started a business with their investments in the ratio 1 : 2 : 4. After 6 months, A invested the half amount more as before and B invested same the amount as before while C withdrew 1/4th of his investment. Find the ratio of their profits at the end of the year.
a) 5 : 12 : 13
b) 5 : 11 : 14
c) 5 : 12 : 14
d) 5 : 12 : 10
e) None of these
Question 2:
A, B and C started a business with their investment in the ratio 1 : 3 : 5. After 4 months, A invested the same amount as before and B as well as C withdrew half of their investments. The ratio of their profits at the end of the year is :
a) 1: 2 : 3
b) 3 : 4 : 15
c) 3 : 5 : 10
d) 5 : 6 : 10
e) 3 : 5 : 8
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Question 3:
Two persons A and B start a business with investments of Rs. 24000 and Rs.28000 respectively. After 4 months C also joined them with certain investment. Total profit at the end of the year was Rs. 19950. C’s share in profit was Rs. 7600. What was the C’s investment in the business ?
a) Rs. 48000
b) Rs. ‘45000
c) Rs. 50000
d) Rs. 40000
e) None of these
Question 4:
A started y business. After 4 months from the start of the business, B and C joined. The respective ratio between the investments of A, B and C was 4 : 6 : 5. If A’s share in annual profit was Rs. 250 more than C’s share, what was the total annual profit earned ?
a) Rs. 3740
b) Rs. 3910
c) Rs. 4250
d) Rs. 4350
e) None of these
Question 5:
The sum invested in scheme B is twice the sum invested in scheme A. Investment in scheme A is made for 3 years at 8% p.a. simple interest and in Scheme B for 2 years at 9% p.a. simple interest. The total interest earned from both the schemes is Rs. 1800. How much was invested in Scheme A?
a) Rs. 4000
b) Rs. 3500
c) Rs. 3000
d) Rs. 2500
e)Rs. 4500
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Solutions (1 to 5)
1) Answer (c)
Let the investment of A, B , and C be y , 2y , 4y
after 6 months A invested half of amount more and hence for next 8 months in a year his invest is proportional to 1.5y . where as B invested same amount and C withdrew 1/4th of his amount
So their effective amount after 6 months are 4y and 3y respectvely
So after a year their profits will be shared in ratio = A:B:C = (6y + 9y) : (12y + 24y) : (24y + 18y)
A:B:C = 15:36:42 = 5:12:14
Hence answer is C option.
2) Answer (d)
Let the investment of A, B , and C be y , 3y , 5y
after 4 months A invested same amount and hence for next 8 months in a year his invest is proportional to 2y . where as B and C withdrew half of their amount
So their effective amount after 4 months are 1.5y and 2.5y respectvely
So after a year their profits will be shared in ratio = A:B:C = (4y+16y) : (12y + 12y) : (20y + 20y) A:B:C = 20:24:40 = 5:6:10
3) Answer (a)
let the investment of C in business be Rs YAs it is mentioned that A and B remain invested for whole year and have contributions Rs 24000 and Rs 28000 respectively. and C joined them only for 8 months in a years so the Profit will divide in ratio = A:B:C = (24000×12) : (28000×12) : (Yx8)
profit at year end = Rs 19950
and C’s share = $$\frac{Y}{78000+Y} x 19950= 7600$$
Y = 29718 + 0.381 Y
Y = 48009 ~ Rs 48000
4) Answer (c)
Given , the ratio of investments of A,B,C is 4:6:5 . So , let them be 4k , 6k, 5k.
Given that A started the business. After 4 months from the start of the business, B and C joined.
i.e. A worked for 12 months while B , C worked for 8 months.
A’s share in annual profit was Rs. 250 more than C’s share.
So , A = C +250
12(4k) = 8(5K) + 250
48K = 40K + 250
k = 31.25
Total amount = 12(4K) + 8(6k) +8(5K)
= 136K
= 136*31.25
= 4250
5) Answer (c)
scheme A has 8 % SI and scheme B has 9 % SI
Let the sum invested in A = Rs y then sum invested in B = Rs 2y
Total interest earned = Rs 1800
Time = 2 years for scheme B and 3 years for scheme A
So
$$\frac{24y}{100}$$ + $$\frac{36y}{100}$$ = 1800
y = 180000/60
y= 3000
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