Quantitative Aptitude · Averages, Ratios & Percentages
Partnership — Questions & Answers
In a partnership, profit is divided in the ratio of each partner's capital multiplied by the time it stayed in the business. A working partner may also draw a fixed amount before the split.
- 5 solved questions
- Step-by-step AI walkthroughs
- Key formulas included
Key formulas
Profit share ratio =C1t1:C2t2:C3t3 (capital × months)
If capitals are equal, split by time; if times are equal, split by capital
Remove any fixed salary or commission from total profit before applying the ratio
5 solved Partnership questions
A and B invest ₹5,000 and ₹7,000 respectively for one year. If the total profit is ₹3,600, what is B's share?
Solution — answer D
Profit is split in the ratio of the capitals, 5000:7000=5:7. B's share is 127×3600=Rs2,100.
5 steps · reveal one at a timeStep 1: Identify Investments
A and B invested \u20b95,000 and \u20b97,000 respectively. The total profit to be shared after one year is \u20b93,600. We need to find B's share of this profit.
Step 2: Calculate Investment Ratio
Profits are shared in the ratio of the investments. A's investment is \u20b95,000 and B's is \u20b97,000. So, the ratio of their investments is 5000:7000, which simplifies to 5:7.
Step 3: Find B's Profit Fraction
The total parts in the ratio are 5+7=12. B's share corresponds to 7 parts out of these 12. Therefore, B's fraction of the total profit is 127.
Step 4: Calculate B's Share
To find B's share, multiply B's fraction of the profit by the total profit. B's share is 127×2˘0b93,600=2˘0b92,100.
Step 5: The answer
So the answer is (D) \u20b92,100. This is calculated by finding B's proportional share based on their investment ratio.
A starts a business with ₹20,000. After 4 months B joins with ₹30,000. At the end of the year the profit is ₹9,600. What is B's share?
Solution — answer B
A's capital-months =20000×12=240000; B's =30000×8=240000. The ratio is 1:1, so B gets half of ₹9,600 =Rs4,800.
4 steps · reveal one at a timeStep 1: A's total investment
A invested ₹20,000 for the entire year (12 months). So, A's total capital-months is 20000×12=240000. This represents A's contribution over time.
Step 2: B's total investment
B joined after 4 months, meaning B invested for 12−4=8 months. B's capital was ₹30,000. So, B's total capital-months is 30000×8=240000.
Step 3: Determine profit ratio
Profits are shared in proportion to the capital-months. The ratio of A's capital-months to B's capital-months is 240000:240000, which simplifies to 1:1.
Step 4: The answer
So the answer is (B) ₹4,800. Since the profit sharing ratio is 1:1, B gets half of the total profit. Half of ₹9,600 is ₹4,800.
A, B and C invest in the ratio 2 : 3 : 5 for the same period. If C's profit share is ₹4,500 more than A's, what is the total profit?
Solution — answer B
The shares are in the ratio 2:3:5. C's share minus A's is 5−2=3 parts =Rs4,500, so one part is ₹1,500 and the total (10 parts) is ₹15,000.
4 steps · reveal one at a timeStep 1: Understand the Ratios
A, B, and C invest in the ratio 2:3:5. This means their profit shares will also be in the same ratio. We can think of these as "parts" of the total profit.
Step 2: Find Difference in Shares
We're told C's profit share is \u20b94,500 more than A's. In terms of ratio parts, C has 5 parts and A has 2 parts. The difference is 5−2=3 parts.
Step 3: Calculate One Part's Value
Since the difference of 3 parts is equal to \u20b94,500, we can find the value of one part. One part is equal to 2˘0b94,500÷3=2˘0b91,500.
Step 4: The answer
So the answer is (B) \u20b915,000. The total profit is the sum of all parts: 2+3+5=10 parts. Therefore, the total profit is 10×2˘0b91,500=2˘0b915,000.
In a partnership A takes 25% of the profit for managing and the rest is shared by capital. A and B put in ₹15,000 and ₹25,000. If the total profit is ₹8,000, what is A's total share?
Solution — answer C
A's management fee is 25% of ₹8,000 =Rs2,000. The remaining ₹6,000 is split 15000:25000=3:5, so A's capital share is 83×6000=Rs2,250. A's total is 2000+2250=Rs4,250.
4 steps · reveal one at a timeStep 1: Calculate A's Fee
First, calculate A's management fee. This is 25% of the total profit. So, 25%×Rs8,000=Rs2,000. This is the first part of A's total share.
Step 2: Profit for Capital
Next, find the remaining profit to be shared based on capital. Subtract A's management fee from the total profit: Rs8,000−Rs2,000=Rs6,000. This amount will be distributed.
Step 3: A's Capital Share
A and B's capital ratio is Rs15,000:Rs25,000, which simplifies to 3:5. A's share of the remaining profit is 3+53×Rs6,000=83×Rs6,000=Rs2,250.
Step 4: The answer
So the answer is (C) ₹4,250. A's total share is the sum of the management fee and the capital share: Rs2,000+Rs2,250=Rs4,250.
A and B start with ₹3,000 and ₹4,000. After 8 months A adds ₹2,000 more. At the end of the year the profit is ₹6,900. What is B's share?
Solution — answer C
A's capital-months =3000×8+5000×4=44,000; B's =4000×12=48,000. The ratio is 11:12 (total 23), so B's share is 2312×6900=Rs3,600.
4 steps · reveal one at a timeStep 1: A's Total Investment
A starts with Rs3,000 for 8 months. After adding Rs2,000, A's investment becomes Rs5,000 for the remaining 4 months. So, A's total capital-months is 3000×8+5000×4=44000.
Step 2: B's Total Investment
B invests Rs4,000 for the entire year, which is 12 months. Therefore, B's total capital-months is 4000×12=48000.
Step 3: Find Investment Ratio
The ratio of A's capital-months to B's capital-months is 44000:48000. Simplifying this ratio by dividing both by 4000 gives us 11:12. The total ratio parts are 11+12=23.
Step 4: The answer
So the answer is (C) ₹3,600. B's share of the profit is calculated based on their investment ratio. B's share is 2312 of the total profit, so 2312×6900=Rs3,600.
Free to start
Get exam-ready on Partnership
Generate fresh partnership practice sets in Test Studio, get step-by-step AI explanations the moment you slip, and close the gaps in Socrative Mode.
- Step-by-step AI solutions
- Fresh practice sets on demand
- Guided Socrative Mode drills