Partnership
J&K Bank PO · 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 ₹5000 and ₹10000 respectively in a business for one year. The profit is ₹7200. What is A's share (in ₹)?
- 4800
- 3600
- 2400
- 0
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Answer: C. Ratio 1 : 2; A's share = 1/3 × 7200 = ₹2400.
Sample Easy question 2
A and B start a business with investments of ₹6000 and ₹8000 for the same period. In what ratio should they share the profit?
- 3 : 5
- 3 : 4
- 4 : 3
- 4 : 4
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Answer: B. For equal periods, profit is shared in the ratio of capital: 6000 : 8000 = 3 : 4.
Sample Easy question 3
A and B invest ₹4000 and ₹6000 respectively in a business for one year. The profit is ₹12000. What is A's share (in ₹)?
- 4800
- 6000
- 2400
- 7200
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Answer: A. Ratio 2 : 3; A's share = 2/5 × 12000 = ₹4800.
Sample Medium question 4
A and B invest ₹5000 and ₹10000 respectively in a business for one year. The profit is ₹4500. What is A's share (in ₹)?
- 0
- 2250
- 3000
- 1500
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Answer: D. Ratio 1 : 2; A's share = 1/3 × 4500 = ₹1500.
Sample Medium question 5
A invests ₹3000 and B invests some money for the same period. B's share of the profit is ₹4500 and A's share is ₹3000. How much did B invest (in ₹)?
- 9000
- 4000
- 4500
- 5000
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Answer: C. Capital is in the ratio of profits: 3000 : 4500 = 3000 : B, so B = 4500.
Sample Medium question 6
A and B invest ₹5000 and ₹10000 respectively in a business for one year. The profit is ₹3000. What is A's share (in ₹)?
- 1000
- 2000
- 1500
- 0
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Answer: A. Ratio 1 : 2; A's share = 1/3 × 3000 = ₹1000.
Sample Hard question 7
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.
Sample Hard question 8
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.
More Quantitative Aptitude topics for J&K Bank PO
- 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