Crack IBPS PO : Partnership day 4
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ibps po partnership
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IBPS PO Study Planner
Partnership day 4
No.of Questions: 10
Time : 10 Minutes
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Question 1 of 10
1. Question
1 pointsCategory: AptitudeA started a business with Rs.72000 and after 3 months B joined with him with the amount of Rs. 58000. At the end of the year B received a profit of Rs.10480 including 16% as a commission for managing the business. Find the profit earned by A at the end of the year approximately?
Correct
(B)
Ratio of investment made by A & B is,
72000×12 : 58000×9 = 48 : 29
Let, the total profit be X
Then profit earned by B = 16% of X + 29/77 of 84% of X = 10480
524X = 10480×100×11
=> X=Rs. 22000 = Total profit
Profit earned by A = 48/77×84/100× 22000 = Rs. 11520
Incorrect
(B)
Ratio of investment made by A & B is,
72000×12 : 58000×9 = 48 : 29
Let, the total profit be X
Then profit earned by B = 16% of X + 29/77 of 84% of X = 10480
524X = 10480×100×11
=> X=Rs. 22000 = Total profit
Profit earned by A = 48/77×84/100× 22000 = Rs. 11520

Question 2 of 10
2. Question
1 pointsCategory: AptitudeA, B, & C started a business with their investment in the ratio 22 : 13 : 17, after 6 months A has withdrawn half of his investment. Also, A will get 20% of profit for being an active partner. At the end of a year total profit earned was Rs. 27,900. Then find the total profit earned by A alone?
Correct
(D)
Let the investment of A, B & C be 22X, 13X & 17X respectively.
Profit ratio of A, B & C is,
22X×6 + 11X×6 : 13X×12 : 17X×12 = 33 : 26 : 34
For being active partner A’s commission = 27900×20/100 = Rs.5580
Remaining profit = 27900 – 5580 =Rs.22320.
A’s share = 22320×33/93 = Rs.7920
Total profit earned by A = 7920 + 5580 = Rs.13,500
Incorrect
(D)
Let the investment of A, B & C be 22X, 13X & 17X respectively.
Profit ratio of A, B & C is,
22X×6 + 11X×6 : 13X×12 : 17X×12 = 33 : 26 : 34
For being active partner A’s commission = 27900×20/100 = Rs.5580
Remaining profit = 27900 – 5580 =Rs.22320.
A’s share = 22320×33/93 = Rs.7920
Total profit earned by A = 7920 + 5580 = Rs.13,500

Question 3 of 10
3. Question
1 pointsCategory: AptitudeRavi started a business with Rs.56,000 and later joined by Ram with Rs.98,000. After how many months did Ram join if the profits after 2 yrs divided in the ratio 7 : 6 for Ram & Ravi respectively?
Correct
(A)
Let the number of months invested by Ram be X
Ratio of Ravi & Ram after 2 yrs is,
6/7 = ( 56000×24)/(98000×X)
=>X=16 months
Number of months after which Ram joined = 24 – 16 = 8 months
Incorrect
(A)
Let the number of months invested by Ram be X
Ratio of Ravi & Ram after 2 yrs is,
6/7 = ( 56000×24)/(98000×X)
=>X=16 months
Number of months after which Ram joined = 24 – 16 = 8 months

Question 4 of 10
4. Question
1 pointsCategory: AptitudeA and B are partners in a business. A contributes 2/7^{th} of the capital for 15 months and B received 1/4^{th} of the profit, for how long B money was used ?
Correct
(D)
Let the total profit earned be X.
Profit earned by B = 1/4 X
Profit earned by A = 3/4 X
Ratio of A & B profit = 3/4×X : 1/4×X = 3 : 1
Let the total capital investment be P
Then A contributes 2 /7 th of P for 15 months &
B contributes 5/7 th of P for Y (assume)months.
Then ratio of profit A & B is,
3/1 = ( 2/7 ×P ×15)/(5/7 ×P ×Y)
=> Y = 2 months = B’s money used.
Incorrect
(D)
Let the total profit earned be X.
Profit earned by B = 1/4 X
Profit earned by A = 3/4 X
Ratio of A & B profit = 3/4×X : 1/4×X = 3 : 1
Let the total capital investment be P
Then A contributes 2 /7 th of P for 15 months &
B contributes 5/7 th of P for Y (assume)months.
Then ratio of profit A & B is,
3/1 = ( 2/7 ×P ×15)/(5/7 ×P ×Y)
=> Y = 2 months = B’s money used.

Question 5 of 10
5. Question
1 pointsCategory: AptitudeIn a business Raja and Ravi invested amounts in the ratio 5 : 7, whereas the ratio between amounts invested by Raja and Ram was 6 : 11 . If Rs.11430 was their profit, how much amount did Raja receive?
Correct
(C)
Raja & Ravi investment ratio = 5 : 7
Raja & Ram investment ratio = 6 : 11
Ravi : Raja = 7 : 5
Raja : Ram = 6 : 11
Ravi : Raja : Ram = 42 : 30 : 55
Amount received by Raja = 11430/127 × 30 = Rs. 2700
Incorrect
(C)
Raja & Ravi investment ratio = 5 : 7
Raja & Ram investment ratio = 6 : 11
Ravi : Raja = 7 : 5
Raja : Ram = 6 : 11
Ravi : Raja : Ram = 42 : 30 : 55
Amount received by Raja = 11430/127 × 30 = Rs. 2700

Question 6 of 10
6. Question
1 pointsCategory: AptitudeA, B and C rented a land. A puts 8 tractors for 9 months, B puts 6 tractors for 8 months and C puts 16 tractors for 9 months. If the rent of the land is Rs.14883, then what is the average rent paid by A & C?
Correct
(B)
Ratio of A, B & C is,
8×9 : 6×8 : 16×9 = 3 : 2 : 6
Rent paid by A & C = 14883× 3/11+ 14883×6/11=Rs.12177
Average rent paid by A & C= 12177/2=Rs.6088.5
Incorrect
(B)
Ratio of A, B & C is,
8×9 : 6×8 : 16×9 = 3 : 2 : 6
Rent paid by A & C = 14883× 3/11+ 14883×6/11=Rs.12177
Average rent paid by A & C= 12177/2=Rs.6088.5

Question 7 of 10
7. Question
1 pointsCategory: AptitudeA and B established a hotel. A’s investment was five times that of B’s. B also kept the investment for thrice as much time as A. If B got a profit of Rs.9600, what was the total profit?
Correct
(C)
Let the investment of B be X.
Then, investment of A is 5X
Let the investment time of A be T.
Then, investment time of B is 3T.
Profit ratio of A & B is,
5X ×T : X × 3T
=>5 : 3
Total profit = 9600/3 × 8 = Rs.25,600
Incorrect
(C)
Let the investment of B be X.
Then, investment of A is 5X
Let the investment time of A be T.
Then, investment time of B is 3T.
Profit ratio of A & B is,
5X ×T : X × 3T
=>5 : 3
Total profit = 9600/3 × 8 = Rs.25,600

Question 8 of 10
8. Question
1 pointsCategory: AptitudeRavi being the sleeping partner receives 1/7th of profit and the remaining is divided between Raghu and Raju in the ratio of 5:3. If the difference between the profit shares of Ravi and Raju is Rs.3000.What is Raghu’s
Correct
(C)
Let the total profit be X.
Then Ravi’s share = 1/7 × X
Remaining share = 6/7 × X
Share of Raju = 6/7 × X × 3/8 = 9/28 × X
Difference of Ravi &Raju share,
9/28 × X – 1/7 × X = 3000
=> X = Rs.16,800
Share of Raghu = 6/7 × 16800 × 5/8 = Rs.9000
Incorrect
(C)
Let the total profit be X.
Then Ravi’s share = 1/7 × X
Remaining share = 6/7 × X
Share of Raju = 6/7 × X × 3/8 = 9/28 × X
Difference of Ravi &Raju share,
9/28 × X – 1/7 × X = 3000
=> X = Rs.16,800
Share of Raghu = 6/7 × 16800 × 5/8 = Rs.9000

Question 9 of 10
9. Question
1 pointsCategory: AptitudeA, B and C enter into a partnership Business with A’s contribution Rs.18,000. If out of a total profit of Rs.1500, A gets Rs.500 and B gets Rs.700, C gets Rs.300 then B capital is,
Correct
(B)
Their profit ratio is,
A : B : C = 500 : 700 : 300
=> A : B : C = 5 : 7 : 3
Let A, B & C capital be 5X, 7X & 3X
A’s contribution, 5X = 18000
=>X = 3600
B’s capital = 7×3600 = Rs.25200
Incorrect
(B)
Their profit ratio is,
A : B : C = 500 : 700 : 300
=> A : B : C = 5 : 7 : 3
Let A, B & C capital be 5X, 7X & 3X
A’s contribution, 5X = 18000
=>X = 3600
B’s capital = 7×3600 = Rs.25200

Question 10 of 10
10. Question
1 pointsCategory: AptitudeA starts business with Rs.9000 and after 9 months, B joins with A as his partner. After 15 months, the profit is divided in the ratio 2 : 3. What is B’s contribution in the capital?
Correct
(A)
Ratio of their profits,
A : B = 9000 × 15 : X × 6
=> 22500 : X = 2 : 3
=> X = 33750
B’s contribution in the capital = Rs.33750
Incorrect
(A)
Ratio of their profits,
A : B = 9000 × 15 : X × 6
=> 22500 : X = 2 : 3
=> X = 33750
B’s contribution in the capital = Rs.33750
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