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Partnership Question for RRB NTPC 2024 Exams

Partnership is an important topic in the quantitative aptitude section of the RRB NTPC 2024 exam. Questions related to partnership often involve the concept of sharing profits or losses among partners based on their contributions in terms of capital, time, or both. Understanding the basics of partnership problems is essential to score well in this section. Here’s a detailed guide to help you prepare effectively for Partnership Question for RRB NTPC 2024 Exams.

Partnership Question for RRB NTPC 2024 Exams

In mathematics, a partnership is a relationship between two or more people who share the profits or losses of a business based on their contributions. The key concepts in partnership problems revolve around capital, time, and the total amount of profit or loss.

Q1. Three partners A, B and C started their company by investing Rs. 2000, Rs. 19000 and Rs. 15000 respectively. After 4 months A and C made additional investments of Rs. 1000 and Rs. 750 respectively, whereas B withdrew Rs. 4000. Total profit of the company at the end of the year is Rs. 232027. Find the B’s profit share.
(a) Rs.173600
(b) Rs.160000
(c) Rs. 109858
(d) Rs.118270

Q2. Akhilesh, Prateek and Dimple invested capital in the ratio 5: 5: 4. The timings of their investment being in the ratio a: b: c. If their profits are distributed in the ratio 60: 5: 24, then find a: b: c?
(a) 15 : 16 : 9
(b) 12 : 11 : 6
(c) 14 : 13 : 2
(d) 14 : 17 : 3

Q3. Anurag started a business by investing Rs. 65000. After a few months, Bhargav joined him by investing Rs 50000. 3 months after the joining of Bhargav, Chand joined with an investment of Rs. 55000. At the end of the year, Anurag got 50% of the profit as his share. How many months did Anurag finance the business alone?
(a) 3
(b) 2
(c) 4
(d) 7

Q4.P, Q and R start a business. P invests 68% of the total capital, Q invests 37.5% of the remaining and R, the rest. If the total profit at the end of the year is Rs. 65,496, then R’s share (in Rs.) is:
(a) 81289.6
(b) 62771.7
(c) 13099.2
(d) 25271.5

Q5. Parnav started a business by investing Rs 71,500. After a few months, Abhinav joined him by investing Rs 55,000. Three months after the joining of Abhinav, Reshma joined the two with an investment of Rs 60,500. At the end of the year, Parnav got 50% of profit as his share. For how many months did Parnav alone finance the business?
(a) 4
(b) 5
(c) 2
(d) 3

Q6. In a partnership business, B’s capital was half of A’s. If after 8 months, B withdrew half of capital and after 2 months more A withdrew 1/4th of the capital, then the profit ratio of A and B will be:
(a) 10 : 13
(b) 10 : 23
(c) 23 : 10
(d) 13 : 10

Q7. Ramesh, Arif and Atul invest in a business in the ratio of 5 : 4 : 7 respectively. If Ramesh earns 100 % more profit than Arif and Atul earns 50% more profit than Arif. What will be the share of Arif in the profit?
(a) Can’t be determined
(b) 839
(c) 569
(d) None of these

Q8. A, B and C started a business with their capital in the ratio 5: 7: 3. At the end of every 6 months, A doubles his capital, B halves his capital and C leaves his capital unchanged. At the end of the year, if C’s share in the profit was Rs 76,000 then the total profit was (in lakh)
(a) Rs. 2,63,800
(b) Rs. 3,99,000
(c) Rs. 2,81,900
(d) Rs. 2,58,500

Q9. A, B and C started a business and ratio of amount invested by A to that of B is 6:5. Investment of C is 20% less than that of B. After 4 months, A withdrew 8.33% of total amount invested by B and C together. Find the profit share of A if total profit is Rs 27724?
(a) Rs. 14050
(b) Rs. 10516
(c) Rs. 17960
(d) Rs. 16230

Q10 A, B and C invested in business in the of ratio 4:5:3. After 6 months, A increased his capital by 50% and after 4 months, B increased his investment by 20% and C withdrew 33.33% of his investment after 7 months. After a year, share of C was Rs. 1860. Find total profit.
₹ 4560
₹ 9540
₹ 3600
₹ 4800

Partnership Question Solutions for RRB NTPC 2024 Exams

Partnership Question for RRB NTPC 2024 Exams_3.1

FAQs

What is a partnership problem in quantitative aptitude?

A partnership problem involves two or more people who invest capital in a business and share the profits or losses based on their contributions in terms of capital, time, or both. The key elements in these problems are the amount of capital invested, the duration of the investment, and the total profit or loss.

How do you calculate the profit share in a partnership?

The profit share is calculated by determining the ratio of capital invested by each partner, adjusted for the time each invests, and then applying this ratio to the total profit.

What are some common types of partnership problems in the RRB NTPC exam?

Common problems include calculating profit shares based on varying investments, changing capital over time, or different profit-sharing ratios.