Financial Problems-Partnership (Bank-PO (IBPS) Quantitative-Aptitude): Questions 5 - 8 of 15

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Question number: 5

» Financial Problems » Partnership

MCQ▾

Question

A, B and C started with a business. A’s investment in the business was twice the investment made by B and B’s investment was 5 times made by C. If the total profit at the end of the year was Rs. 3, 20, 000. Find the share of A and B.

Choices

Choice (4) Response

a.

Rs. 2, 00, 000; Rs. 1, 00, 000

b.

Rs. 2, 00, 000; Rs. 2, 00, 000

c.

Rs. 1, 00, 000; Rs. 1, 00, 000

d.

Rs. 1, 00, 000; Rs. 2, 00, 000

Question number: 6

» Financial Problems » Partnership

MCQ▾

Question

Manish started a business with Rs. 15000. After some time John joined him with Rs. 20000. After how many months did John joined if the profit at the end of the year was shared equally between them.

Choices

Choice (4) Response

a.

2 months

b.

4 months

c.

1 month

d.

3 months

Question number: 7

» Financial Problems » Partnership

MCQ▾

Question

Gautam started a business with a sum of Rs. 60000. Latin joined him 8 months later with a sum of Rs. 35000. At what respective ratio will the two share profit after two years (Allahabad Bank 2009)

Choices

Choice (4) Response

a.

18: 7

b.

2: 1

c.

3: 1

d.

37: 14

Question number: 8

» Financial Problems » Partnership

MCQ▾

Question

John and Rick started with a business by investing some amount. At the end of the year John’s profit was Rs. 30, 000. Find the total profit earned by them and Rick’s share if the ratio of money invested by them was 5: 2

Choices

Choice (4) Response

a.

Total profit = Rs. 55, 000; Rick’s share = Rs. 15, 000

b.

Total profit = Rs. 42, 000; Rick’s share = Rs. 20, 000

c.

Total profit = Rs. 45, 000; Rick’s share = Rs. 15, 000

d.

Total profit = Rs. 42, 000; Rick’s share = Rs. 12, 000

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