Prakhar Gupta has 4+ years of experience in Content Marketing Field. 

Content Marketing Specialist

Partnership questions are a common type of questions regularly asked in competitive exams. These questions carry a weightage of 1-2 questions(2-4 marks) in SSC exams and 1-2 questions(1-2 marks) in bank exams. To perform well in competitive exams, concepts of partnership should be on your tips.

Here are some tips for solving Partnership questions: Start by understanding the basics and defining variables like investments and profit-sharing ratios. Utilize the partnership formula to calculate each partner&#39;s share based on their investment and time contributions. Calculate the total investment and ensure that the individual shares add up to the total profit or loss. Be prepared to handle special cases and convert ratios to fractions for easier computation.

So, we have attached 10 questions of Partnership for you to practice with. You should aim to solve these questions in less than half a minute for each.

 

<h2>Practice Questions on Partnership</h2>

You can also download the Partnership questions and answers pdf. Just click on the Download PDF button. So let&#39;s start with the very first question.

Q:1 In a partnership, A invested Rs. 4000 and B invested Rs.1000 more than A. After eight months, C invested Rs 3000. If at the end of the year, C gets profit of Rs. 700, then find the total profit.

1. Rs. 8400

2. Rs. 7000

3. Rs. 8800

4. Rs. 6400

(Difficulty: 3, Estimated Time: 20 Seconds) Try using short tricks, fraction values of percentages

Q:2 A and B are partners in a business. They invest initially in the ratio 5 : 6. At the end of 8 months, A withdraws his investment. If in the end, they receive profits in the ratio of 5 : 9, find how long B’s investment was used.

1. 12 months

2. 10 months

3. 15 months

4. 14 months

(Difficulty: 3, Estimated Time: 20 Seconds) This was a simple one, don&#39;t get stuck in unnecessary calculations! 

Q:3 A and B started a business with initial investments in the ratio 5 : 7. After one year their profits were in the ratio 1 : 2 . If period for A’s investment was 7 months, B invested the money for :

1. 6 months

2. 2 \(1\over 2\) months

3. 10 months

4. 4 months

(Difficulty: 3, Estimated Time: 20 Seconds) This is a common type of question asked..

Q:4 A invests Rs. 12,000 for X months while B invests Rs. 16,000 for 9 months in a scheme. The profit share of B is Rs. 12,000 out of total profit Rs. 21,000. Find the value of X.

1. 6 months

2. 9 months

3. 8 months

4. 7 months

(Difficulty: 3, Estimated Time: 20 Seconds) It is a bit calculative one...

Q:5 A, B, C and D enter into a partnership. They invest Rs. 5,000, Rs. 8,000, Rs. 9,000 and Rs. 13,000 respectively. At the end of the first year, B withdraws Rs. 4,000, while at the end of the second year, C withdraws Rs. 8,000. In what ratio will the profit be shared at the end of 5 years?

1. 25 : 8 : 7 : 65

2. 25 : 24 : 21 : 65

3. 15 : 14 : 21 : 15

4. 25 : 14 : 11 : 16

(Difficulty: 3, Estimated Time: 20 Seconds) We&#39;re halfway through. Have you got all your questions correct so far?

Q:6 Two friends Angel and Venger start a business with an investment of Rs.23000 and Rs.46230. If the profit of Venger is Rs. 8040 at the end of the year then, find the profit of Angel.

1. 3000

2. 3350

3. 4000

4. 3520

(Difficulty: 3, Estimated Time: 20 Seconds) You should not spend more than 20 seconds in attempting this question...

Q:7 There are two friends Satyam and Rahul, they started a business with an investment of Rs 90000 and Rs 85000 respectively. After 6 months two friends Pinku and Raja join them with an investment of Rs 75000 and Rs 80000. If the profit of Pinku is Rs 5400 at the end of the year then find the profit of the Satyam and Rahul together.

1. Rs. 325614

2. Rs. 102500

3. Rs. 25200

4. Rs. 963256

(Difficulty: 4, Estimated Time: 25 Seconds) This was a bit hard. Did you get it right?

Q:8 If P started a business with Rs 8000 and after 2 months Q joined the business with Rs 6000. Find the ratio of their profit.

1. 4 : 7

2. 3 : 8

3. 7 : 8

4. 8 : 5

(Difficulty: 2, Estimated Time: 15 Seconds) This was a piece of cake....

Q:9 A, B, and C are partners. They share profit in the ratio of 5 : 8 : 7. If C earns Rs. 8750 as his share of profit, then the share of A is:

1. 6250

2. 6500

3. 7250

4. 6520

(Difficulty: 3, Estimated Time: 20 Seconds) You might have wrapped it up in 15 seconds...

Q:10 A and B invested Rs.4800 and Rs.7200, respectively. B invested for two more months than A. If the total annual profit is Rs.5750 and the share of A in the profit is Rs.2000, then for how many months did B invest?

1. 16 months

2. 8 months

3. 10 months

4. 14 months

(Difficulty: 2, Estimated Time: 15 Seconds) Did you guess them all correctly?

<h2>Answer Key</h2>

Let&#39;s check out your score in this test.

<table border="0" cellpadding="1" cellspacing="1">
	<tbody>
		<tr>
			<td>1. (2)</td>
			<td>2. (1)</td>
			<td>3. (3)</td>
			<td>4. (2)</td>
			<td>5. (2)</td>
		</tr>
		<tr>
			<td>6. (3)</td>
			<td>7. (3)</td>
			<td>8. (4)</td>
			<td>9. (1)</td>
			<td>10. (3)</td>
		</tr>
	</tbody>
</table>

Comment below your score, considering each question has 1 mark only. If you scored 8 to 10, congratulations! You are one step closer to selection. If you have scored 5 to 8 marks, then you are doing well, keep it up. If you have scored less than 5 marks then you need to work a little harder on this subject. But don&#39;t worry, we are here to help you master the subject.

Let&#39;s check the answers and solutions and try to find out what went wrong. 
 

<h2>Answers and Solutions</h2>

Q:1 The correct answer is Option 2 i.e. Rs. 7000

B invested, 4000 + 1000 = Rs. 5000

Ratio of investment of A, B, and C in order = 4000 × 12 : 5000 × 12 : 3000 × 4

⇒ 4 : 5 : 1

⇒ Total = 10 units

and C, 1 unit = Rs. 700 then

⇒ 10 × 700 = Rs. 7000 

 

Q:2 The correct answer is option 1 i.e. 12 months

5x : 6x, Let B investment was used for y months

8 × 5x : 6x × y = 5 : 9

\(\frac{40x}{ 6xy}\) = \(\frac{5 }{9}\) ⇒ y = 12

 

Q:3 The correct answer is option 3 i.e. 10 months

Let B invested money for x months.

∴ 5 × 7 ∶ 7 × x = 1 ∶ 2

∴ 35 ∶ 7x = 1 ∶ 2

7x = 35 × 2

x = 10 months

 

Q:4 The correct answer is option 2 i.e. 9 months.

Profit of B = 12000

Profit of A = 21,000 - 12,000 = 9,000

The profit share ratio = A : B = 12000 × x : 16000 × 9 = x : 12

ATQ,

A : B = x/12 = 9000/12000 
⇒ x = 9 months.

 

Q:5 The correct answer is option 2 i.e. 25 : 24 : 21 : 65

Profit Share of A : B : C : D =  Respective Amount invested × Respective time periods

A : B : C : D = (5000 × 5) : (8000 × 1 + 4000 × 4) : (9000 × 2 + 1000 × 3) : (13000 × 5)

= 25000 : 24000 : 21000 : 65000

= 25 : 24 : 21 : 65

 

Q:6 The correct answer is option 3 i.e. 4000.

Profit/Loss = Investment × time

<table border="1" cellpadding="1" cellspacing="1">
	<tbody>
		<tr>
			<td>Angel</td>
			<td>Venger</td>
		</tr>
		<tr>
			<td>23000 × 12</td>
			<td>46230 × 12</td>
		</tr>
		<tr>
			<td>100</td>
			<td>201</td>
		</tr>
	</tbody>
</table>

Ratio: 100 : 201

Now, If 201 units = 8040

So, 100 units = 8040/201 × 100 = 4000

 

Q:7 The correct answer is Option 3 i.e. Rs. 25200

Profit = investment × time

<table border="1" cellpadding="1" cellspacing="1">
	<tbody>
		<tr>
			<td>Satyam</td>
			<td>Rahul</td>
			<td>Pinku</td>
			<td>Raja</td>
		</tr>
		<tr>
			<td>90000 × 12</td>
			<td>85000 × 12</td>
			<td>75000 × 6</td>
			<td>80000 × 6</td>
		</tr>
		<tr>
			<td>90 × 2</td>
			<td>85 × 2</td>
			<td>75</td>
			<td>80</td>
		</tr>
		<tr>
			<td>18 × 2</td>
			<td>17 × 2</td>
			<td>15</td>
			<td>16</td>
		</tr>
	</tbody>
</table>

Now, 15 units = 5400

So, (36 + 34) units = 5400/15 × 70 = 25200

 

Q:8 The correct answer is option 4 i.e. 8 : 5.

The ratio of their profit will also same as the money invested by them.

So, according to the question

P : Q = 8000 × 12 : 6000 × 10 = 96 : 60 = 8 : 5

 

Q:9 The correct answer is option 1 i.e. Rs 6250.

The ratio of A : B : C = 5 : 8 : 7

Profit of C = 7 units = 8750

= 1 unit = 1250

So, the share of A = 1250 × 5 = Rs 6250

 

Q:10 The correct answer is Option 3 i.e. 10 months

Let time for which A and B invested their capital is ‘x’ and ‘x + 2’ months, respectively.

Ratio of profit share of A to B = [4800 × x] : [7200 (x + 2)] = 2000 : (5750 – 2000)

2x : (3x + 6) = 2000 : 3750 = 8 : 15

30x = 24x + 48

6x = 48

x = 8

Hence, time for which B invested = x + 2 = 10 months

So, this is it for today. We will meet again with another new topic. Till then, you can practice the questions again by downloading the PDF of Partnership.

Since 1995, Neetu Mam is Providing Free Content for English to the Students

Best Publisher for English Content

Practice Questions on Partnership!

साझेदारी पर प्रश्नों का अभ्यास करें!

Partnership Questions - Download PDF now!

साझेदारी प्रश्न - अभी पीडीएफ डाउनलोड करें!

Latest Notifications

Exam Eligibility

Exam Dates

Exam Pattern

Syllabus

Admit Card

Exam Cutoff

Answer Key

Exam Results

Daily Current Affairs

Current Affairs Quiz

Daily Editorial

Daily Vocabulary

Study Plan

Important Days

Question Paper

Previous Year PDF

English Language

Logical Reasoning

Quantitative Aptitude

General Knowledge

General Awareness

General Science

Today in History

Know Your State

Full Form

Know Your Country

Government Schemes

Know Your City

Know Your Leader

Books and Authors

question answer

Quiz

Courses

Classes

Quant Tricks for SSC CGL Exam

&lt;p&gt;No title&lt;/p&gt;

Quant Important Topics for SSC CGL Exam

No title

Check out the comprehensive set of Partnership questions and answers, with detailed solutions in PDF. It is the perfect resource for anyone who wants to improve their problem solving skills for competitive exams.

Partnership Questions - Download PDF now!

Partnership FAQs

How do I solve a partnership problem with varying time periods?

How do I calculate the share of each partner's profit in a partnership?

Partnership Comments:

Partnership RELATED ARTICLES