Partnership Questions for Bank Exams
Q : Neena and Meena started a business with investment of Rs. 30,000 and Rs. 45, 000 Respectively. What will be the share of Meena from the profit of Rs.1,50,000 after 2 years?
(A) Rs. 30,000
(B) Rs. 45,000
(C) Rs. 75,000
(D) None of these
Correct Answer : D
Gagan started a business and Michael joined him after 2 months. Gagan spent Rs.15000 while Michael spent Rs.27,000. Their one year profit came out to Rs.5000. How much profit will Gagan get?
(A) 3000
(B) 2000
(C) 1500
(D) 2750
Correct Answer : B
A sum of Rs.10600 is divided among P, Q, R in such a way that P gets Rs.1400 more than what Q gets and Q gets Rs.1600 more than what R gets. The ratio of their shares is
(A) 16: 9: 18
(B) 27: 18: 10
(C) 18: 25: 10
(D) 16: 25: 10
Correct Answer : C
Mohan invested Rs. 100,000 in a garment business. After few months, Sohan joined him with Rs. 40000. At the end of the year, the total profit was divided between them in ratio 3:1. After how many months did Sohan join the business?
(A) 3
(B) 2
(C) 4
(D) 5
Correct Answer : B
Two-person X and Y invested their money in the ratio of 30:28 and the ratio of their respective profits at the end of a year is 10:4. If Y invested the money for 3 months, then for how much time (in months) x invested his money?
(A) 7
(B) 9
(C) 5
(D) 6
Correct Answer : A