Partnership
J&K Bank Banking Associate · Quantitative Aptitude · 78 practice questions with answers and explanations: 42 Easy, 34 Medium, 2 Hard.
Sample questions
Sample Easy question 1
A and B invest ₹3000 and ₹9000 respectively in a business for one year. The profit is ₹4800. What is A's share (in ₹)?
- 3600
- 1200
- 0
- 2400
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Answer: B. Ratio 1 : 3; A's share = 1/4 × 4800 = ₹1200.
Sample Easy question 2
A, B and C invest ₹1000, ₹2000 and ₹3000 for a year and earn a profit of ₹6000. What is C's share (in ₹)?
- 1000
- 4000
- 3000
- 2000
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Answer: C. Ratio = 1 : 2 : 3; C's share = 3/6 × 6000 = ₹3000.
Sample Easy question 3
A and B start a business with investments of ₹2000 and ₹3000 for the same period. In what ratio should they share the profit?
- 3 : 3
- 2 : 4
- 2 : 3
- 3 : 2
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Answer: C. For equal periods, profit is shared in the ratio of capital: 2000 : 3000 = 2 : 3.
Sample Medium question 4
A and B invest ₹2000 and ₹3000 respectively in a business for one year. The profit is ₹6000. What is A's share (in ₹)?
- 2400
- 1200
- 3000
- 3600
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Answer: A. Ratio 2 : 3; A's share = 2/5 × 6000 = ₹2400.
Sample Medium question 5
Anil invests Rs. 5000 for 12 months and Bilal invests Rs. 3000 for 12 months in a business. If the total profit is Rs. 24000, find Anil's share of the profit.
- Rs. 15000
- Rs. 15500
- Rs. 14000
- Rs. 9000
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Answer: A. Ratio of profits = (5000 × 12) : (3000 × 12) = 60000 : 36000. Anil's share = Rs. 24000 × 60000/96000 = Rs. 15000.
Sample Medium question 6
Anil invests Rs. 6000 for 6 months and Bilal invests Rs. 4000 for 6 months in a business. If the total profit is Rs. 24000, find Anil's share of the profit.
- Rs. 14900
- Rs. 9600
- Rs. 13400
- Rs. 14400
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Answer: D. Ratio of profits = (6000 × 6) : (4000 × 6) = 36000 : 24000. Anil's share = Rs. 24000 × 36000/60000 = Rs. 14400.
Sample Hard question 7
A and B invest ₹20,000 and ₹30,000. After 6 months C joins with ₹40,000. At the end of the year the profit is ₹28,000. Find C's share.
- 9000
- 10000
- 7000
- 8000
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Answer: D. Ratio = 20,000×12 : 30,000×12 : 40,000×6 = 240 : 360 : 240 = 2 : 3 : 2. C's share = 2/7 × 28,000 = ₹8,000.
Sample Hard question 8
A invests ₹8,000 and B invests ₹12,000 for a year. B, as the working partner, gets 10% of the profit as salary, and the rest is shared in proportion to capital. If the profit is ₹20,000, find A's total share.
- 8000
- 7200
- 9000
- 6400
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Answer: B. Salary to B = ₹2,000. Remaining ₹18,000 is shared 8,000 : 12,000 = 2 : 3, so A = 2/5 × 18,000 = ₹7,200.
More Quantitative Aptitude topics for J&K Bank Banking Associate
- Average
- Boats & Streams
- Data Interpretation
- Mensuration
- Mixture & Alligation
- Number Series
- Number System
- Percentage
- Problems on Ages
- Problems on Trains
- Profit/Loss & Discount
- Quadratic Equations
- Ratio & Proportion
- Simple & Compound Interest
- Simplification & Approximation
- Time & Work / Pipes & Cisterns
- Time, Speed & Distance