Partnership - Quantitative Aptitude (MCQ) questions for Q. 21231
Q. A and B started a business in partnership. A invested Rs. 40000 for 6 months. A received Rs.6000 as his share out of the total profit of Rs. 9000, What was the amount invested by B for the whole year? - Published on 25 Apr 16a. Rs. 8000
b. Rs. 10000
c. Rs. 5000
d. None of these
ANSWER: Rs. 10000
Profits of A and B are distributed in the same ratio of their investment and period of investments.
Investment of A/ Investment of B = Profit of A/ Profit of B = 6000/3000
(40000*1/2)/X*1 = 2/1
Therefore, X = B's investment amount = Rs. 10,000.