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PARTNERSHIP QUESTIONS FOR APTITUDE

TESTS

by :
DR. T.K. JAIN
AFTERSCHO☺OL
centre for social entrepreneurship
sivakamu veterinary hospital road
bikaner 334001 rajasthan, india
FOR – PGPSE / CSE PARTICIPANTS
mobile : 91+9414430763

5 DECEMBER 09 www.afterschool.tk 1
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My words....

Here I present a few basic questions on Partnership. I wish that more


people should become entrepreneurs. An ordinary Indian entrepreneur
wishes to remain an honest entrepreneur and contribute to the development
of nation but we have to strengthen those institutions which truly promote
entrepreneurship, not just degree granting institutions. Let us work together
to promote knowledge, wisdom, social development and education. We
believe in free education for all, free support for all, entrepreneurship
opportunities and training for all. Let us work together for these goals. ... I
alone cant do much, I need support of perosns like you .......... ...

5 DECEMBER 09 www.afterschool.tk 2
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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?

Profit can be divided either in capital ratio or


equally. Here we assume that profit is divided
in capital ratio :
85:15 or 17:3 answer

5 DECEMBER 09 www.afterschool.tk 3
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P and Q started a business investing Rs 85,000 each.
However, P withdrew 20% of his capital after 1.5 year
and Q doubled his investment after 20 months. . In
what ratio the profit earned after 2 years be divided
between P and Q respectively?

Profit can be divided either in capital ratio or


nd
equally. Here we assume that profit for 2 year
is divided in capital ratio :
p = (85*6 + 68*6) =918
Q = (85*6 + 170*6) =1530
their ratio : 918:1530 or 3:5 answer
5 DECEMBER 09 www.afterschool.tk 4
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A,B and C started a business by investing Rs 1,20,000, Rs
1,35,000 and Rs 1,50,000.Find the share of each ,out of
an annual profit of Rs 56,700?

Their profit sharing ratio as per their capital :


120: 135:150 or 8:9:10
share of A =8/27 *56700 = 16800
share of B = 9/27 *56700 = 18900
share of C = 10/27 *56700 = 21000
answer
5 DECEMBER 09 www.afterschool.tk 5
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A,B and C started a business by investing Rs 2,20,000, Rs
350000 and Rs 4,50,000.Find the share of each ,out of an
annual profit of Rs 10200 ?

Their profit sharing ratio as per their capital :


22:35:45
share of A =22/102 *10200 = 2200
share of B = 35/102 *10200 = 3500
share of C =45/102 *10200 = 4500
answer
5 DECEMBER 09 www.afterschool.tk 6
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3 milkman A,B,C rented a pasture A grazed his 45 cows
for 12 days B grazed his 36 cows for 15 days and c 60
cows for 10 days. If b's share of rent was Rs 540 What is
the total rent?

Share of A = 45*12 = 540


share of B = 36*15 = 540
share of C = 60 * 10 = 600
share of B's rent is 540, that means total rent
is : (540+540+600) = 1680 answer

5 DECEMBER 09 www.afterschool.tk 7
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3 milkman A,B,C rented a pasture A grazed his 90 cows
for 6 days B grazed his 15 cows for 20 days and c 30
cows for 5 days. If C's share of rent was Rs 300 What is
A's rent ?

Share of A = 90*6 = 540


share of B = 15*20= 300
share of C = 30*5= 150
share of c's rent is 300, that meansthe rent is
twice the total cow-days. So A's rent should be
1080 answer
5 DECEMBER 09 www.afterschool.tk 8
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Ram and Krishn entered into a partnership with Rs 50,000
and Rs 60,000, after 4 months Ram invested Rs 25,000
more while Krishn withdraw Rs 20,000 . Find the share of
Ram in the annual profit of Rs 289,000.

Ram's share = (50*4 + 75*8) =800


Krishn's share = (60*4 + 40*8) =560
share of ram = (80)/(80+56) * 289000
=170000 answer

5 DECEMBER 09 www.afterschool.tk 9
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A,B,C enter into partnership .A invests 3 times as much as
B invests and 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?

Let us start from C. Suppose C invests Rs. 3. B


will invest 2/3 of 3 = 2. Thus A would invest 6
total investment = 11
share of B = 2/11 * 6600 = 1200 answer

5 DECEMBER 09 www.afterschool.tk 10
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A,B,C enter into partnership . A invests two third of what
B invests and B invests two third of what C invests. At the
end of the year ,the share of A is 2000, what is the share
of B and C?

(start with the last - here C) Suppose C invests (3*3) = 9


B will invest = 9 * 2/3 = 6
A will invest = 6 * 2/3 = 4
thus if share of A is known, we can find share of B and C also.
B = 6/4 * 2000 = 3000
C = 9/4 * 2000 = 4500
shortcut = simply multiply 2000 *3/2 for B and again by 3/2
for C. You will get the answer

5 DECEMBER 09 www.afterschool.tk 11
study material of PGPSE / CSE
A,B and C enter into a partnership by investing in the ratio of
3:2:4. After one year ,B invests another Rs 2,70,000 and C,at
the end of 2 years, also invests Rs 2,70,000.At the end of 3
years,profit are shared in the ratio of 3:4:5.Find the initial
investment of each?

Share of A = 3x*3 = 9x
share of B = 2x*3 + 270*2 = 6x+540
Share of C =4x*3+270*1 = 12x+270
based on new ratio : 9x/3 = (12x+270)/5
3x=2.4x+54 or .6x=54 or x= 54/.6 = 90
so initial investments were : A : 270, B 180
and C 360 (all in thousands). Answer
5 DECEMBER 09 www.afterschool.tk 12
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A,B and C enter into a partnership by investing in the ratio of
3:2:4. After one year ,B invests another Rs 300,000 and C,at
the end of 2 years, also invests Rs 300,000.At the end of 3
years,profit are shared in the ratio of 2:2:3 .Find the initial
investment of each?
Share of A = 3x*3 = 9x
share of B = 2x*3 + 300*2 = 6x+600
Share of C =4x*3+300*1 = 12x+300
based on new ratio :
9x / 2 = (12x+300)/3
4.5x = 4x+100 or .5x = 100 or x = 200
initial investment by A = 600, B = 400 and C =800 (all in
'000) answer

5 DECEMBER 09 www.afterschool.tk 13
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5 DECEMBER 09 www.afterschool.tk 14
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5 DECEMBER 09 www.afterschool.tk 16
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2^(2x-1) = 1/(8^(x-3)), what is x?

Options : 3,2,0,-2
put x = 2 and you get the answer

5 DECEMBER 09 www.afterschool.tk 17
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3^(4x-2) = 729, what is x?

Options : 1,1.5,2,2.5,
try to put the value x=2, you get the answer

5 DECEMBER 09 www.afterschool.tk 18
study material of PGPSE / CSE
32^1/3 = 2^x, what is x?

Options : 5,3,3/5,5/3
answer :

5 DECEMBER 09 www.afterschool.tk 19
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5 DECEMBER 09 www.afterschool.tk 20
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5 DECEMBER 09 www.afterschool.tk 21
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Spread the concepts of
AFTERSCHOOOL
Join PGPSE
start CENTRES of AFTERSCHOOOL
spread entrepreneurship & social
entrepreneurship
let us work for social upliftment together
let us work for some common goals
conduct workshops on social entrepreneurship
make your career in social entrepreneurship
5 DECEMBER 09 www.afterschool.tk 22
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THANKS....
GIVE YOUR SUGGESTIONS AND JOIN
AFTERSCHOOOL NETWORK / START
AFTERSCHOOOL SOCIAL
ENTREPRENEURSHIP NETWORK IN
YOUR CITY / COLLEGE
AFTERSCHOOOL@IN.COM
PGPSE – WORLD'S MOST
COMPREHENSIVE PROGRAMME IN
SOCIAL ENTREPRENEURSHIP
5 DECEMBER 09 www.afterschool.tk 23
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