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Sample Questions on Quantitative Aptitude for SBI Associate Bank Clerk Exam 2012 : Partnership

Shweta Shrivastava, an expert at jagranjosh has prepared some important sample Questions based on the concept of Partnership.The questions are framed to allow you to judge for yourself how prepared you are for the upcoming SBI Associate Bank Clerk Exam 2012

Sep 4, 2012 15:30 IST
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The Written Examination of the upcoming SBI Associate Bank Clerk Exam to be conducted on 7 & 14 October 2012 will consist of one objective type paper based on five parts namely:

a)General Awareness
b)General English
c)Quantitative Aptitude
d)Reasoning Ability
e)Marketing Aptitude/ Computer Knowledge



Quantitative Segment Questions are framed to test how capable are the aspirants in appropriately using numbers.The scope of the test will be computation of whole numbers, decimals, fractions & relationships between numbers;percentage & ratio, time & distance; profit, loss & discount; Simple Interest & Compound Interest; Ratio & Proportion,Partnership etc.

Our experts at jagranjosh has prepared some important sample Questions based on the concept of
"Partnership" from the Quantitative Aptitude segment.

Partnership:

When two or more than two persons run a business jointly,they are called partners in that business and the deal between them is known as partnership.

There are two types of partners in the business

1. Working Partner: A person who manages the business is known as working partner.
2. Sleeping Partner: A person who simply invests the money is known as sleeping partner.
 
Some Important Formulae:

(i) Suppose two persons P and Q invests Rs. X and Rs. Y respectively for a year in a business, then their share of profit or loss at the end of the year:


(Share of P' s profit (or loss))/(Share of Q' s profit (or loss))  = X/Y

(ii) Suppose two persons P and Q invests Rs. X for  m month and Rs. Y for n months respectively, then


(Share of P' s profit (or loss))/(Share of Q' s profit (or loss)) = Xm/Yn.

EXERCISE


Directions: Select the correct option:

 
I.Sudha and Sarita started a business investing Rs. 50,000 and Rs. 65,000 respectively. In what  ratio the profit earned after 5 years be divided between Radha and Meera?
 
(1) 13:12
(2) 13:10
(3) 10:13
(4) 10:11

II.Aryan invested Rs.45,000 in a business .After few months, his friend Brijesh joined him with Rs.40,000.At the end of the year, the total profit was divided between them in the ratio 3:2.After how many months did Brijesh join?    

(1) 2 months
(2) 3 months
(3) 4 months
(4) 5 months
 
III.Shankar started a marriage burro business by investing Rs.1, 00,000. After 4 months, his wife Geeta joined him with a capital of Rs.50,000 and after 2 years, they earned a profit of Rs.34,000.What was the Shankar’s share in the profit?
 
(1) Rs.24,500
(2) Rs.23,000
(3) Rs.24,000
(4) Rs.22,000  

IV. Nitin, Pranjali and Vivek hired a car for Gwalior darshan and used it for 3, 4 and 5 hours respectively and they paid Rs.900.Hire charges paid by Nitin were:
    
(1) Rs.8,000
(2) Rs.8,562
(3) Rs.6,000
(4) Rs.6,230

V. P,Q and R subscribe Rs.89,000 for online business. P subscribes Rs.4,000 more than Q and Q Rs.8,000 more than R. Out of a total profit of Rs, 17,800 , P receives:
     
(1) Rs.7,000
(2) Rs.7,890
(3) Rs.7,999
(4) Rs.6,890


ANSWERS

I. (3) II. (2) III. (3) IV. (3) V. (1)

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