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November 01, 2014

Solutions for Partnership Practice Problems

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Friends, here are the solutions for our Partnership Practice Problems. Please read the problems from here and try to solve them on your own, before checking these solutions. Happy Reading :)
 
1. 
Profits Ratio

= 24000 x 6 : 18000 x 8 : 32000 x 4 = 9 : 9 : 8

So, B's share of money = (9/26) x 39000

= Rs. 13500

2.
Profits Ratio = 15000 x 12 : 21000 x 12 : 24000 x 9

= 5 : 7 : 6

So, C's share of money = (6/18) x 37800

= Rs. 12600


3.
Profits Ratio = 22100 x 12 : 15300 x 12 : 18700 x 8

= 39 : 27 : 22

So, A's share = (39/88) x 5280 = Rs. 2340


4.
Let the money invested by Charan be Rs. X

So, (52500 x 12) / (X x 8) = 7/6

=>  X = Rs. 67500


5.
Profits Ratio
= (40500 x 12) + (54000 x 9) : (60750 x 12) = 4 : 3

So, A's share of profit = (4/7) x 12250 = Rs. 7000

Shortcut : Take A's investment after three months as a new person's investment.

Then profits ratio will be

40500 x 12 : 60750 x 12 : 54000 x 9

= 2: 3 : 2

As there is no new person, the ratio will become (2+2) : 3 = 4 : 3

6.
Profits ratio = 15000 : 18000 = 5 : 6

Ravi's money for managing the business

=12(1/2)% of 8800 = (1/8) x 8800 = Rs. 1100

remaining money = 8800 - 1100 = Rs. 7700

So, Hari's Share of Profit = (6/11) x 7700

= Rs. 4200


7.
Let Ramesh Join after "X" months

So, (12500 x 12) : 18750 x (12-X) = 2 : 1

=> X = 8


8.
Investments ratio is 1/2 : 1/3 : 1/4 = 6 : 4 : 3

profits ratio is

(6 x 2 + 3 x 10) : 4 x 12 = 3 x 12 = 7 : 8 : 6

So, B's share of profit = (8/21) x 3780 = Rs. 1440

9.
Profits ratio

= (8000 x 4) + (6000 x 8) : 15000 x 12 : 10000 x 9

= 8 : 18 : 9

Share of Digvijay is (9/35) x 52500 = 13500

10.
Let the investments of B and C be Rs. X and Rs. Y respectively

Profits ratio is (24000 x 12) : (X x 9) : (Y x 6) = 2 : 3 : 5

=> (24000 x 12) / 2 = 9X / 3

=> X = Rs. 48000

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7 comments:

  1. Q. No. 9- total profit is given Rs. 35000 in practice set, so the answer Rs. 9000 is correct.

    ReplyDelete
  2. q> 8 ni samjh aayi...profit ratio should be(6*2 : 4*12 : 3*12)..and ans should be...1890...plz check it

    ReplyDelete
  3. plese send current RS Aggarwal eng.PDF if you have

    ReplyDelete
  4. What might be the expected cutoff for ibps po for obc ??? Please tell me....

    ReplyDelete
  5. When is the ibps rrb result pls say

    ReplyDelete
  6. (6*2+3*10) : (4*12) : (3*12) then the ratio is 7:8:6 then 21=3780 then 1=180 then b share is 8*180=1440.

    ReplyDelete
  7. how in Q.No 1. the ratio becomes 9:9:8?

    ReplyDelete

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