Partnership Questions for SBI Clerk Exam: 27th April 2018

Dear Students,

Numerical Ability for SBI Clerk Exam 2018
Numerical Ability for SBI Clerk Prelims 2018

Today is the Day 6 of the SBI Clerk 60 Days Study Plan and the topic for Today's Numerical Ability Practice Questions is Partnership. Numerical Ability Section has given heebie-jeebies to the aspirants when they appear for a banking examination. As the level of every other section is only getting complex and convoluted, there is no doubt that this section, too, makes your blood run cold. The questions asked in this section are calculative and very time-consuming. But once dealt with proper strategy, speed, and accuracy, this section can get you the maximum marks in the examination. Following is the Numerical Ability quiz to help you practice with the best of latest pattern questions.

Q1. A, B and C enter into a partnership with investment of Rs. 4500, Rs. 3500 and Rs. 5500 respectively. After a year, profit is Rs. 405. What is B’s share in the profit?
(a) Rs. 200
(b) Rs. 105
(c) Rs. 250
(d) Rs. 151
(e) Rs. 251

Q2. X and Y enter into a partnership with Rs. 60,000 and Rs. 50000 respectively. Z joins a months before end of the year, contributing Rs. 70000 and A leaves them after a months from the start of the year. If they share the profit in the ratio of 18 : 20 : 21, then find the value of a.
(a) 6 months
(b) 3 months
(c) 9 months
(d) 8 months
(e)10 months

Q3. Teena, Meena and Rina enter into a partnership by investing Rs. 3200, Rs. 7200 and Rs. 9600. Teena is a working partner and gets a fifth part of the profit for her services and remaining profit is divided amongst the three in their ratio. What is the sum of the profit of Meena and Rina if Teena gets Rs. 5330?
(a) Rs. 13923
(b) Rs. 10920
(c) Rs. 14940
(d) Rs. 10993
(e) Rs. 11993

Q4. A and B enter into a partnership and invested Rs. 1400 and Rs. 1800 respectively. If they split half of the profit equally for their efforts and the remaining balance in the ratio of their investments and B got Rs. 47 more than A. what was the profit made by the company?
(a) Rs. 376
(b) Rs. 652
(c) Rs. 752
(d) Rs. 954
(e) Rs. 854

Q5. Raghu, being a working partner gets 10% of the profit as salary, the remaining is shared between Raghu, Ravi, Shyam in the ratio 2 : 3 : 4, If Raghu gets Rs. 300000, find the share of Ravi, (in Rs.) is
(a) 200000
(b) 300000
(c) 400000
(d) 500000
(e) 550000

Solutions (1-5):




Q6. A started a business with capital of Rs. 20000 Four months later B joined as a partner with a capital of Rs. 10000. What is the share of A out of total profit of Rs. 4000 at the end of the year. 
(a) Rs. 5000
(b) Rs. 1200
(c) Rs. 3000
(d) Rs. 1800
(e) Rs. 2850

Q7. M and N start a business with Rs. 5000 and Rs. 7000 respectively. After 4 months O joins the business with Rs. 9000. At the end of the year, O gets Rs. 1800 as his share of profit then find the difference between profit got by N and M?
(a) Rs. 600
(b) Rs. 300
(c) Rs. 1200
(d) Rs. 1500
(e) Rs. 1250

Q8. M, N, P start a business jointly. Twice the investment of M is equal to thrice the capital of N and the investment of N is four times the investment of P. Find the share of N in annual profit of Rs. 275000.
(a) Rs. 258000
(b) Rs. 208000
(c) Rs. 118000
(d) Rs. 100000
(e) Rs. 98000

Q9. A and B started a joint business. Investment of A was six times than that of B and tenure of investment by A was also four times that of B. If B got a profit of Rs. 8000 then, the total profit was.
(a) Rs. 240000
(b) Rs. 160000
(c) Rs. 200000
(d) Rs. 280000
(e) Rs. 245000

Q10. Priya, Roja and Riya divide an amount of Rs. 8400 amongst themselves in the ratio of 7 : 8 : 6, respectively. If an amount of Rs. 400 is added to each of their shares, What will be the new respective ratio of their shares of amount?  
(a) 8 : 9 : 5
(b) 7 : 9 : 5
(c) 7 : 8 : 6
(d) 8 : 9 : 7
(e) 7 : 8 : 9

Solutions (6-10):



Q11. R, S and T entre into a partnership. R contributes one third of the Capital, while S contributes as much as R and T together. If the profit at the end of year in Rs. 84000. How much would each receive (in Rs. respectively) 
(a) 24000, 20000, 40000
(b) 28000, 14000, 42000
(c) 28000, 42000, 14000
(d) Cannot be determined
(e) None of these

Q12. P and Q started a business with Rs. 35000 and Rs. 20000 respectively. They agreed to share the profit in the ratio of their capital. R joins the partnership with the condition that P, Q and R will share profit equally and pays Rs. 220000 as premium for this to be shared between P and Q. This is to be divided between P and Q in the ratio of  
(a) 10 : 1
(b) 1 : 10
(c) 9 : 10
(d) 10 : 9
(e) 7 : 10

Q13. Mohit started a business by investing Rs. 3600. After sometimes, Vineet Joined him by investing Rs. 2400. At the end of one year, the profit was divided in the ratio 2 : 1. After how many months did Vineet join the business? 
(a) 3 months
(b) 4 months
(c) 6 months
(d) 8 months
(e) 5 months

Q14. X and Y enter into partnership with capitals the ratio 5 : 6. At the end of 8 months X withdraws his capital. They receive profit in the ratio 5 : 9. Y invested the capital for: 
(a) 6 months
(b) 8 months
(c) 10 months
(d) 12 months
(e) 9 months

Q15. Ankit and Adarsh invest Rs. 4000 and Rs. 3000 in a business Ankit receives Rs. 20 per month out of the profit as a remuneration for running the business and the rest of profit is divided in proportion to the investments. If in a year Ankit totally receives Rs. 360, what does Adarsh receive?
(a) Rs. 90
(b) Rs. 100
(c) Rs. 120
(d) Rs. 80
(e) Rs. 90

Solutions (11-15):

 


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