Partnership Questions for Banking Exams

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8 Questions

In a partnership, Shyam and Ram invested in the ratio of 3:2. If Ram is the working partner and gets 10% of the profit, what is the share of Ram in the profit if the total profit is Rs. 75000 and 5% goes to charity?

Rs. 33000

If Sachin and Virat started a company with investments of Rs. 700000 and Rs. 800000 respectively, and the company made a revenue of Rs. 3500000 with a profit of 30%, what is the difference between the amount earned by Sachin and Virat at the end of the first year?

None of these

In a partnership, Sonu initially invested Rs 120000 and Titu initially invested Rs 70000. If the profit for the year was 12.5% of 1572000, what is the share of Sonu and Titu?

Rs 78420, Rs. 48645

Ram starts a business with Rs. 3900. After 3 months, Shayam joins as a partner with a capital of Rs. 4200, again after some months Mohan joins as a partner with a capital of Rs. 6500. If the total profit of one year is Rs.2900 but Mohan already has withdrawn Rs. 100 per month from his profit so the remaining profit was divided in the ratio of 6 : 6 : 1 respectively, for how many months does Mohan join?

5 months

P, Q and R started a business by investing Rs.900, Rs.1300 and Rs.2000 respectively. After two years they invested another amounts in the ratio 3 : 1 : 5. After another 1 year, P, Q and R withdrew Rs.200, Rs.400 and Rs.1000 from the business respectively. Now the profit earned from the business after 4 years from the start of the business is in the ratio of 4 : 5 : a and share of P in the profit is Rs.1200. Find the total profit earned from the business.

Rs. 13000

Mahesh and Madhav started a business. Mahesh invested Rs. 40000 and Madhav invested Rs. 50000. After 1st year, Mahesh withdrew capital equal to 3/5th of the initial capital of Madhav. After 2nd year, Madhav added capital equal to half of the initial capital of Mahesh. The profit earned at the end of the third year is Rs. 230000. Find the difference between the profit share of Mahesh and Madhav.

Rs. 54000

Dholak and Tabla entered in a partnership business in which Tabla invested Rs. 50,000. At the end of 4 months Tabla withdrew Rs. 7500 and at the end of another 5 months he again withdrew Rs. 9000. Dholak had left his investment intact, then what was his investment if at the end of one – year he received 40% of the total profit?

Rs. 27500

If Ram, Shyam, and Vinod started a business with initial investments of Rs. 15000, Rs. 20000, and Rs. 5000 respectively, and then followed a pattern of monthly withdrawals and additions for a year, what was the total profit earned at the end of the year?

Rs. 32000

Study Notes

Partnership and Profit Sharing

  • Shyam and Ram invested in a partnership in the ratio of 3:2, with Ram being the working partner and receiving 10% of the profit.
  • If the total profit is Rs. 75000 and 5% goes to charity, Ram's share of the profit can be calculated.

Sachin and Virat's Company

  • Sachin and Virat started a company with investments of Rs. 700000 and Rs. 800000 respectively.
  • The company made a revenue of Rs. 3500000 with a profit of 30%.
  • The difference between the amount earned by Sachin and Virat at the end of the first year can be calculated.

Sonu and Titu's Partnership

  • Sonu and Titu invested Rs. 120000 and Rs. 70000 respectively in a partnership.
  • The profit for the year was 12.5% of Rs. 1572000.
  • The share of Sonu and Titu in the profit can be calculated.

Ram, Shayam, and Mohan's Partnership

  • Ram started a business with Rs. 3900, followed by Shayam's investment of Rs. 4200 after 3 months, and Mohan's investment of Rs. 6500 after some months.
  • The total profit of one year was Rs.2900, but Mohan withdrew Rs. 100 per month from his profit.
  • The remaining profit was divided in the ratio of 6:6:1 respectively for Ram, Shayam, and Mohan.
  • Mohan joined for a certain number of months, which can be calculated.

P, Q, and R's Business

  • P, Q, and R started a business by investing Rs.900, Rs.1300, and Rs.2000 respectively.
  • After two years, they invested additional amounts in the ratio of 3:1:5.
  • After another year, P, Q, and R withdrew Rs.200, Rs.400, and Rs.1000 from the business respectively.
  • The profit earned from the business after 4 years from the start of the business is in the ratio of 4:5:a, where 'a' is the share of R.
  • P's share in the profit is Rs.1200, and the total profit earned from the business can be calculated.

Mahesh and Madhav's Business

  • Mahesh and Madhav started a business with initial investments of Rs. 40000 and Rs. 50000 respectively.
  • After 1 year, Mahesh withdrew capital equal to 3/5th of the initial capital of Madhav.
  • After 2 years, Madhav added capital equal to half of the initial capital of Mahesh.
  • The profit earned at the end of the third year is Rs. 230000.
  • The difference between the profit share of Mahesh and Madhav can be calculated.

Dholak and Tabla's Partnership

  • Dholak and Tabla entered into a partnership business, with Tabla investing Rs. 50,000.
  • Tabla withdrew Rs. 7500 at the end of 4 months and Rs. 9000 at the end of another 5 months.
  • Dholak's investment remained intact throughout the year.
  • At the end of one year, Dholak received 40% of the total profit.
  • Dholak's investment can be calculated.

Ram, Shyam, and Vinod's Business

  • Ram, Shyam, and Vinod started a business with initial investments of Rs. 15000, Rs. 20000, and Rs. 5000 respectively.
  • The partners followed a pattern of monthly withdrawals and additions for a year.
  • The total profit earned at the end of the year can be calculated.

Test your understanding of partnership concepts with these questions designed for SBI PO Pre, IBPS PO Pre, SBI Clerk Mains, IBPS Clerk Mains & LIC AAO Exams. Practice solving problems involving partnership investment ratios, profit sharing, and calculating individual shares in the profit.

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