This material prepared and compiled by Akula.
Praveen Kumar, SPM, Papannapet Sub Office-502303, Medak Division, Andhra
Pradesh, Cell No.9849636361,8019549939
Disclaimer:- All Material/Questions/Information
provided in this post are Compiled by A. Praveen Kumar for in good faith of
Departmental Employees. The types of questions, number of questions and
standard of questions may be vary in actual examination. This is my predictions
only. Author of blog does not accepts any responsibility in relation to the
accuracy, completeness, usefulness or otherwise, of the content
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1. Partnership: When
two or more than two persons run a business jointly, they are called partners
and the deal is known as partnership.
Partnership is an association of two or more persons who invest their
money in order to carry on a certain business. a partner who manages the
business is called working partner and the partner who simply invests is called
the sleeping partner.
If the period of investment is same for each partner, then the profit or
loss is divided in the ratio of their investments.
The simple formula involved is (if there are two partners A and B)
Investment of A x period of investment of A = profit /loss of A
Investment of B x period of investment of B profit /loss of B
OR,
Monthly equivalent investment of A= profit /loss of A
Monthly equivalent investment of B profit /loss of B
2. Ratio of Division
of Gains:
i) When investments
of all the partners are for the same time, the gain or loss is
distributed among the partners in the ratio of their investments.
Suppose A and B invest Rs. x and Rs. y
respectively for a year in a business, then at the end of the year:
(A’s share of profit)
: (B's share of profit) = x : y.
ii) When
investments are for different time periods, then equivalent capitals
are calculated for a unit of time by taking (capital x number
of units of time). Now, gain or loss is divided in the ratio of these
capitals.
Suppose A invests Rs.
x for p months and B invests Rs. y for q months, then
(A’s share of
profit) : (B's share of profit) = xp : yq.
3. Working and
Sleeping Partners: A partner who manages the business is known as a working
partner and the one who simply invests the money is a sleeping partner.
EXAMPLES
1. A, B and C started a business by investing Rs. 1,20,000, Rs.
1,35,000 and ,Rs.1,50,000 respectively. Find the share of each, out
of an annual profit of Rs. 56,700.
Sol. Ratio of shares of A, Band C =
Ratio of their investments
= 120000 : 135000 : 150000 = 8 : 9 : 10.
A’s share = Rs. (56700 x (8/27))=
Rs. 16800.
B's share = Rs. ( 56700 x (9/27)) = Rs.
18900.
C's share = Rs. ( 56700 x (10/27))=Rs.
21000.
2. Alfred started a business investing Rs. 45,000. After 3
months, Peter joined him with a capital of Rs. 60,000. After another 6
months, Ronald joined them with a capital of Rs. 90,000. At the end
of the year, they made a profit of Rs. 16,500. Find the lire of each.
Sol. Clearly,
Alfred invested his capital for 12 months, Peter for 9 months and Ronald
for 3 months.
So, ratio of their capitals = (45000 x 12) : (60000 x 9) : (90000 x 3)
= 540000 : 540000 : 270000 = 2 : 2 : 1.
Alfred's share = Rs. (16500 x (2/5)) = Rs. 6600
Peter's share = Rs. (16500 x (2/5)) = Rs. 6600
Ronald's share = Rs. (16500 x (1/5)) = Rs. 3300.
3. A, Band C start a business each investing Rs. 20,000. After 5
months A withdrew Rs.6000, B withdrew Rs. 4000 and C invests Rs. 6000
more. At the end of the year, a total profit of Rs. 69,900 was recorded. Find
the share of each.
Sol. Ratio of the
capitals of A, Band C
= 20000 x 5 + 15000 x 7 : 20000 x 5 + 16000 x 7 : 20000 x 5 + 26000 x
7
=
205000:212000 : 282000 = 205 : 212 : 282.
A’s share = Rs. 69900 x
(205/699) = Rs.
20500
I
B's share = Rs. 69900 x (212/699) = Rs. 21200;
C's share = Rs. 69900 x (282/699) = Rs. 28200.
4. A, Band C enter into partnership. A invests 3 times as much
as Band B invests two-third of what C invests. At the end of the year,
the profit earned is Rs. 6600. What is the share of B?
Sol. Let C's capital =
Rs. x. Then, B's capital = Rs. (2/3)x
A’s capital = Rs. (3 x
(2/3).x) = Rs. 2x.
Ratio of their capitals = 2x : (2/3)x :x =
6 : 2 : 3.
Hence, B's
share = Rs. ( 6600 x (2/11))= Rs. 1200.
5. Four milkmen rented a pasture. A grazed 24 cows for 3 months;
B 10 for 5 months; C 35 cows for 4 months and D 21 cows for 3
months. If A's share of rent is Rs. 720, find the total rent of the
field.
Sol. Ratio of shares of A, B, C, D = (24
x 3) : (10 x 5) : (35 x 4) : (21 x 3) = 72 : 50 : 140 : 63.
Let total rent be Rs. x. Then, A’s share = Rs. (72x)/325
(72x)/325=720 ó x=(720
x 325)/72 = 3250
Hence, total rent of the field is Rs. 3250.
6. A invested Rs. 76,000 in a business. After few months, B
joined him Rs. 57,000. At the end of the year, the total profit was
divided between them in ratio 2 : 1. After bow many months did B join?
Sol. Suppose B joined
after x months. Then, B's money was invested for (12 - x)
(76000 x 12)/(57000 x (12-x) =2/1 ó 912000=114000(12-x)
114 (12 - x) = 912ó12-x=8óx=4
Hence, B joined after 4 months.
7. Three partners A,
B and C invest Rs 1600, Rs 1800 and Rs 2300 respectively in a business. How
should they divide a profit of Rs 399?
sol: here profit is to divided in the
ratio 16:18:23
A's share of profit=16/(16+18+23)x 399=
Rs 112.
B's share of profit=18/(16+18+23)x 399=
Rs 126
C's share of profit=23/(16+18+23)x 399=
Rs 161
8..A. B and C enter
into a partnership. A advances Rs 1200 for 4 months. B gives Rs 1400 for 8
months and C Rs 1000 for 10 months. they gain Rs 585 altogether. find the share
of profit each?
sol: monthly equivalent of A = 1200 x
4= 4800
Monthly equivalent of B = 1400 x 8=
11200
Monthly equivalent of C = 1000 x 10=
10000
So, profit is to be divided in the
ratio 48:112:100 i.e. 12:28:25
A's share of profit is (12/65)x
585=Rs108
B's share of profit is (28/65)x
585=Rs252
C's share of profit
is (25/65)x 585=Rs225
9. Simran started a
software business by investing Rs. 50,000. After six months, Nanda joined her
with a capital of Rs. 80,000. After 3 years, they earned a profit of Rs.
24,500. What was Simran's share in the profit?
Sol: Simran
: Nanda = (50000 x 36) : (80000 x 30) = 3 : 4.
 Simran's
share = Rs. |
 |
24500 x
|
3
|
 |
= Rs. 10,500.
|
|
7
|
|||||
10. Arun, Kamal and Vinay
invested Rs. 8000, Rs. 4000 and Rs. 8000 respectively in a business. Arun left
after six months. If after eight months, there was a gain of Rs. 4005, then
what will be the share of Kamal?
Sol: Arun
: Kamal : Vinay = (8,000 x 6) : (4,000 x 8) : (8,000 x 8)
= 48 : 32 : 64
= 3 : 2 : 4.
|
Kamal's
share = Rs. |
|
4005 x
|
2
|
|
= Rs. 890.
|
|
9
|
|||||
11. Aman started a
business investing Rs. 70,000. Rakhi joined him after six months with an amount
of Rs.. 1,05,000 and Sagar joined them with Rs. 1.4 lakhs after another six
months. The amount of profit earned should be distributed in what ratio among
Aman, Rakhi and Sagar respectively, 3 years after Aman started the business?
Sol: Aman : Rakhi : Sagar = (70,000 x 36) : (1,05,000 x 30) :
(1,40,000 x 24) = 12 : 15 : 16.
12. A
began a business with Rs. 85,000. He was joined afterwards by B with Rs.
42,500. For how much period does B join, if the profits at the end of the year
are divided in the ratio of 3: 1?
Sol: Suppose
B joined f+or x months. Then,
|
Then,
|
|
85000 x 12
|
=
|
3
|
|
|
42500 x x
|
1
|
 x = |
|
85000 x 12
|
|
= 8.
|
|
42500 x 3
|
So, B joined for 8 months.
13. A starts business
with Rs. 3500 and after 5 months, B joins with A as his partner. After a year,
the profit is divided in the ratio 2 : 3. What is B's contribution in the
capital?
Sol: Let B's capital be Rs. x.
|
Then,
|
|
3500 x 12
|
=
|
2
|
|
|
7x
|
3
|
14x = 126000 x = 9000.
14. A and B entered into
partnership with capitals in the ratio 4: 5. After 3 months, A withdrew 
of his capital and B
withdrew 
of his capital. The gain
at the end of 10 months was Rs. 760. A's share in this profit is:
of his capital and B
withdrew of his capital. The gain
at the end of 10 months was Rs. 760. A's share in this profit is:|
Sol: A : B =
|
 |
4x x 3 +
|
|
4x -
|
1
|
x 4x
|
|
x 7
|
 |
:
|
|
5x x 3 +
|
|
5x -
|
1
|
x 5x
|
|
x 7
|
|
|
4
|
5
|
= (12x + 21x) :
(15x + 28x)
= 33x :43x
= 33 : 43.
|
A's
share = Rs. |
|
760 x
|
33
|
|
= Rs. 330.
|
|
76
|
15. A and B started a
partnership business investing some amount in the ratio of 3: 5. C joined then
after six months with an amount equal to that of B. In what proportion should
the profit at the end of one year be distributed among A, B and C?
Sol: Let the initial investments of A and B be 3x and 5x.
A : B : C = (3x x
12) : (5x x 12) : (5x x 6) = 36 : 60 : 30 = 6 : 10 : 5.
16. A, B, C rent a
pasture. A puts 10 oxen for 7 months, B puts 12 oxen for 5 months and C puts 15
oxen for 3 months for grazing. If the rent of the pasture is Rs. 175, how much
must C pay as his share of rent?
Sol: A : B : C = (10 x 7) : (12 x 5) : (15 x 3)
= 70 : 60 : 45 = 14 : 12 : 9.
|
C's
rent = Rs. |
|
175 x
|
9
|
|
= Rs. 45.
|
|
35
|
|||||
17. A and B started a
business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After
six months, C joined them with Rs. 20,000. What will be B's share in total
profit of Rs. 25,000 earned at the end of 2 years from the starting of the
business?
Sol: A : B : C = (20,000 x 24) : (15,000 x 24) :
(20,000 x 18) = 4 : 3 : 3.
|
B's
share = Rs. |
|
25000 x
|
3
|
|
= Rs. 7,500.
|
|
10
|
|||||
18. Three partners shared the profit in a business in the ratio
5 : 7 : 8. They had partnered for 14 months, 8 months and 7 months
respectively. What was the ratio of their investments?
Sol: Let their investments be Rs. x for
14 months, Rs. y for 8 months and Rs. z for 7
months respectively.
Then, 14 xs: 8y: 7z = 5:
7: 8.
|
Now,
|
14x
|
=
|
5
|
98x = 40y y = |
49
|
x
|
|
8y
|
7
|
20
|
|
And,
|
14x
|
=
|
5
|
112x = 35z z = |
112
|
x =
|
16
|
x.
|
|
7z
|
8
|
35
|
5
|
|
x : y : z = x : |
49
|
x
|
:
|
16
|
x
|
= 20 : 49 : 64.
|
|
20
|
5
|
|||||
19. A, B, C subscribe Rs. 50,000 for a business. A subscribes Rs.
4000 more than B and B Rs. 5000 more than C. Out of a total profit of Rs.
35,000, A receives:
Sol: Let
C = x.
Then, B = x + 5000 and A
= x + 5000 + 4000 = x + 9000.
So, x + x +
5000 + x + 9000 = 50000
3x = 36000 x = 12000
A : B : C = 21000 : 17000 : 12000 = 21 : 17 :
12.
|
A's
share = Rs. |
|
35000 x
|
21
|
|
= Rs. 14,700.
|
|
50
|
20. A, B and C enter
into a partnership in the ratio 
: 
: 
. After 4 months, A
increases his share 50%. If the total profit at the end of one year be Rs.
21,600, then B's share in the profit is:
: : . After 4 months, A
increases his share 50%. If the total profit at the end of one year be Rs.
21,600, then B's share in the profit is:|
Sol: Ratio of initial investments
=
|
|
7
|
:
|
4
|
:
|
6
|
|
= 105: 40: 36.
|
|
2
|
3
|
5
|
Let the initial investments be 105x, 40x and
36x.
|
A
: B : C = |
|
105x x 4 +
|
150
|
x 105x x 8
|
|
: (40x x 12) : (36x x
12)
|
|
100
|
= 1680x : 480x :
432x = 35 : 10 : 9.
|
Hence, B's share = Rs.
|
|
21600 x
|
10
|
|
= Rs. 4000.
|
|
54
|
21. Reena
and Shaloo are partners in a business. Reena invests Rs. 35,000 for 8 months
and shaloo invests Rs.42,000 for 10 months. Out of a profit of Rs.31, 570.
Reena's share is
|
Ratio of their shares
|
=(35000 ×8):(42000 ×10)
|
||
|
=2 : 3.
|
|||
|
Reena's share
|
=Rs.(31570 ×2/5)
|
||
|
=Rs.12628.
|
|||
22. P and
Q started a business investing Rs.85,000 and Rs.15,000 respectively. In what
ratio the profit earned after 2 years be divided between P and Q respectively?
|
Sol: P : Q
|
= 85000 : 15000
|
|
=85 : 15
|
|
|
=17 : 3
|
23.Anand and Deepak started a business investing Rs.22,500 and Rs.35,000 respectively. Out of a total profit of Rs. 13,800. Deepak's share is
|
Sol: Ratio of their shares
|
= 22500 : 35000
|
|
=9 : 14.
|
|
|
Deepak's share
|
= Rs.(13800×14/23)
|
|
= Rs. 8400.
|
25.Kamal started a
business investing Rs.9000. After five months, Sameer joined with a capital of
Rs.8000. If at the end of the year, they earn a profit of Rs.6970, then what
will be the shares of sameer in the profit?
|
Kamal : Sameer
|
=(9000×12):(8000 ×7)
|
|
= 108 : 56
|
|
|
= 27 : 14.
|
|
|
Sameer's share
|
= Rs.(6970 ×14/41)
|
|
=Rs.2380.
|
26. A, B and C enter into a partnership. They invest Rs. 40,000
, Rs. 80,000 and Rs.1,20,000 respectively. At the end of the first year, B
withdraws Rs. 40,000 while at the end of the second year, C withdraws
Rs.80,000. In what ratio will the profit be shared at the end of 3 years?
|
A : B: C
|
=(40000×36) : (80000×12+40000×24) : (120000×24+40000×12)
|
|
=144 :192 :336
|
|
|
= 3 : 4 : 7.
|
27. A started a business with Rs.21,000 and is joined afterwards
by B with Rs.36,000. After how many months did B join if the profits at the end
of the year are divided equally?
|
Sol: Suppose B joined after x months.
|
|
|
Then,
|
21000×12=36000×(12 - x)
|
|
‹=›36x=180
|
|
|
= x= 5.
|
|
28. X and Y invested in a business. They earned some profit which
they divided in the ratio of 2 : 3. If X invested Rs.40,000. the amount
invested by Y is
|
Sol: Suppose Y invested Rs.y
|
|
|
Then,
|
40000 /y = 2 / 3
|
|
‹=› y=(40000×3 / 2).
|
|
|
‹=› y=60000.
|
|
29. A, B,
C hired a car for Rs.520 and used it for 7,8 and 11 hours respectively. Hire
charges paid by B were
|
A : B : C
|
= 7 : 8 : 11.
|
|
Hire charges paid by B
|
= Rs(520×8/26)
|
|
= Rs.160.
|
30. If 4 (A's capital) = 6 (B's capital) =
10 (C's capital), then out of a profit of Rs. 4650, C will receive:
|
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31.A and B entered into a partnership investing Rs. 16,000 and
Rs. 12,000 respectively. After 3 months, A withdraw Rs. 5000 while B invested
Rs. 5000 more. After 3 more months, C joins the business with a capital of Rs.
21,000. The share of B exceeds that of C, out of a total profit of Rs. 26,400
after one year by:
|
A : B : C = (16000 x 3 + 11000 x 9) : (12000 x 3 + 17000 x
9) : (21000 x 6)
|
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32. In a business, A and C invested amounts in the ratio 2 :1,
whereas the ratio between amounts invested by A and B was 3 : 2. If Rs.
1,57,300 was their profit, how much amount did B receive?
|
|||||||||||
|
|
|||||||||||
|
So, B : A : C = 4 : 6 : 3 or A : B : C = 6 : 4 : 3.
|
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|
|
|||||||||||
|
33.A and B started a business jointly. A’s investment was thrice
the investment of B and the period of his investment was two times the period
of investment of B. If B received Rs. 4000 as profit, then their total profit
is:
|
Suppose B invested Rs. x for y months.
Then, A invested Rs. 3x for 2y months.
|
|||||||||||
|
|
|||||||||||
|
So, A : B = (3x x 2y) : (x x y)
= 6xy = 6 ; 1.
|
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34. A, B and C enter into partnership. A invests some money at
the beginning, B invests double the amount after 6 months and C invests
thrice the amount after 8 months. If the annual profit be Rs. 27,000, C’s
share is :
|
|||||||||||
|
Let A's investment be Rs. x.
|
|||||||||||
|
|
|||||||||||
|
Then, Ratio of capitals = (x x 12) : (2x x
6) : (3x x 4) = 12x : 12x : 12x =
1 : 1 : 1.
|
|||||||||||
|
|
|||||||||||
|
35.A, B and C started a shop by investing Rs. 27,000, Rs. 72,000
and Rs. 81,000 respectively. At the end of the year, the profits were
distributed among them. If C’s share of profit be Rs. 36,000, then the total
profit was:
37. A and B invest in a business in the ratio 3 : 2. If 5% of
the total profit goes to charity and A’s share is Rs. 855, the total profit
is :
38. A, B, C started a business with their investments in the
ratio 1 : 3 : 5, After 4 months, A invested the same amount as before and B
as well as C withdraw half of their investments. The ratio of their profits
at the end of the year is :
39.Simran started a software business by investing Rs. 50,000.
After six months, Nanda joined her with a capital of Rs. 80, 000. After 3
years, they earned a profit of Rs. 24, 500. What was Simran’s share in the
profit?
40.A and B started a business with initial investments in the
ratio 14 : 15 and their annual profits were in the ratio 7 : 6. If A invested
the money for 10 months, for how many months did B invest his money?
41. A, B, C hired a car for Rs. 520 and used it for 7, 8 and
11 hours respectively. Hire charges paid by B were :
42. A, B and C enter into a partnership with a capital in
which A’s contribution is Rs. 10,000. If out of a total profit of Rs. 1000, A
gets Rs.500 and B gets Rs. 300, then C’s capital is:
43.Reena and shaloo are partners in a business. Reena invests
Rs. 35,000 for 8months and shaloo invests Rs. 42,000 for 10 months. Out of a
profit of Rs. 31,570, Reena’s share is:
44.A starts business with Rs. 3500 and after 5 months, B joins
with A as his partner. After a year, the profit is divided in the ratio 2 :
3. What is B’s contribution in the capital?
45. Three partners A, B, C start business. Twice A’s capital
is equal to thrice B’s capital and B’s capital is four times C’s capital. Out
of a total profit of Rs. 16,500 at the end of the year. B’s share is :
46.A started a business with Rs. 21,000 and is joined afterwards
by B with Rs. 36,000. After how many months did B join if the profits at the
end of the year are divided equally?
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