Quant Quiz(Partnership) for SBI/ IBPS

1. A, B, C enter into a partnership investing Rs. 35,000, Rs. 45,000 and Rs. 55,000 respectively. The respective shares of A, B, C, in an annual profit of Rs. 40,500 are:

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2. A and B started a business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, C joined them with Rs. 20,000. What will be B’s share in the total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business?

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3. Shekhar started a business investing Rs. 25,000 in 1999. In 2000, he invested an additional amount of Rs. 10,000 and Rajeev joined him with an amount of Rs. 35,000. In 2001, Shekhar invested another additional amount of Rs. 10,000 and Jatin joined them with an amount of Rs. 35,000. What will be Rajeev’s share in the profit of Rs. 1,50,000 earned at the end of 3 years from the start of the business in 1999?

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4. A, B, C subscribe Rs. 50,000 for a business. A subscribes Rs. 4000 more than B and B Rs. 5000 more than C. Out of a total profit of Rs. 35,000, A receives:

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5. A, B and C enter into a partnership and their shares are in the ratio 1/2 ∶1/3 ∶1/4. After 2 months, A withdraws half of his capital and after 10 months, a profit of Rs. 378 is divided among them. What is B’s share?

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6. A, B, C started a business with their investments 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:

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7. A, B and C jointly thought of engaging themselves in a business venture. It was agreed that A would invest Rs. 6500 for 6 months, 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 profit earned was Rs. 7400. Calculate the share of B in the profit.

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8. A, B and C started a shop by investing Rs. 27,000, Rs 72,000 and Rs. 81,000 respectively. At the end of the year, the profits were distributed among them. If C’s share of profit be Rs. 36,000, then the total profit was:

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9. Two friends P and Q started a business investing in the ratio of 5 : 6. R joined them after six months investing an amount equal to that of Q’s. At the end of the year, 20% profit was earned which was equal to Rs. 98,000. What was the amount invested by R?

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10. A and B started a business with initial investments in the ratio 14 : 15 and their annual profits were in the ratio 7 : 6. If A invested the money for 10 months, for how many months did B invest his money?

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