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    Partnership: Quantitative Aptitude

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    Aanchal Chitlangia

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    Partnership: Quantitative Aptitude

    Uploaded by

    Aanchal Chitlangia
    118 views4 pages

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    Quant_Partnership

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    118 views4 pages

    Partnership: Quantitative Aptitude

    Uploaded by

    Aanchal Chitlangia

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    © All Rights Reserved
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    Partnership

    QUANTITATIVE APTITUDE

    Copyright © 2014-2020 TestBook Edu Solutions Pvt. Ltd.: All rights reserved
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    Partnership
    Partnership is based on three points, first is time, second is investment and the third
    one is profit.
    Profit ∝ investment
    Profit ∝ time

    So, ratio of profit is directly proportional to the product of investment and time.

    Profit and Capital


    Profit (P) ∝ Capital (C)
    P1 : P 2 = C 1 : C 2

    Q. P, Q and R started a business with Rs.10,000, Rs.12,000 and Rs.15,000


    respectively for 2 years and they get Rs.55,500 as profit. Find the Q’s share in
    the profit.
    A. Ratio of investment of P, Q and R = 10,000 : 12,000 : 15,000 = 10 : 12 : 15
    12 12  55,500
     The profit of Q   55,500   Rs.18,000
    10  12  15  37

    Common Mistake
    The above formula shall be applied only when the Time Period is same/constant. The
    next section explains the situation when Time Periods are different.

    QUANTITATIVE APTITUDE | Partnership PAGE 2


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    Mix Partnership
    When the partners are involved for different Time Periods,

    P1 : P2 = C1T1 : C2T2 ,

    where, P: Profit, C: Capital and T: Time Period

    Q. P, Q and R entered into the partnership. P contributes Rs. 14,000 for 5 months,
    Q contributes Rs. 28,000 for 7 months and R contributes Rs. 21,000 for 4
    months. If the total profit made is Rs. 12,500, then find the profit of R.

    A. P1 : P2 : P3 = C1T1 : C2T2 : C3T3


    P1 : P2 : P3 = 14,000 × 5 : 28,000 × 7 : 21,000 × 4 = 5 : 14 : 6

    6 6  12,500
     The profit of R   12,500   Rs. 3000
    5  14  6 25

    Change in Capital
    Q. P, Q and R started a business respectively with Rs.100000, 120000 and 180000
    for one year. After 2 months P adds Rs.20000, Q and R respectively withdraws
    Rs.40000 and Rs.8000. If at the end of 1 year P gets Rs.400 more than R, then
    find the total profit.

    A. Ratio of profit of (P : Q : R) = (100000 × 2) + (120000 × 10) : (120000 × 2) + (80000 ×


    10) : (180000 × 2) + (100000 × 10)
    Profit of (P : Q : R) = 140 : 104 : 136 = 35 : 26 : 34
    Let the profit of P, Q and R be 35x, 26x and 34x
    35x – 34x = 400
    x = 400
    ∴ Total profit = 35x + 26x + 34x = 95x = Rs.38,000

    QUANTITATIVE APTITUDE | Partnership PAGE 3


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    Rent Distribution
    Q. P, Q and R rented a meadow. P puts 10 cows for 7 months, Q puts 21 cows for
    2 months and R puts 14 cows for 6 months. If the rent of the meadow is
    Rs.3570, how much must R pay (in rupees) as his share of rent?

    A. P : Q : R = 10 × 7 : 21 × 2 : 14 × 6
    P:Q:R=5:3:6
    6 3  3570
    Share of R   3570   Rs.1530
    536 7

    Condition Dependent
    Q. P and Q started a business and the ratio of their investment is 5 : 7. They
    decided that 70% of the profit will be divided into equal parts and rest of the
    profit will be divided into the ratio of their investments. If Q got Rs.500 more
    than P, find the total profit.

    A. Let the total profit earned be x,


    According to the question,
    2 30x
      500
    12 100
    x = Rs.10000

    QUANTITATIVE APTITUDE | Partnership PAGE 4

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