Partnership PYQs for UPSC (2011-2024) | Solved Questions & PDF Download
Why Partnership Matters in UPSC CSAT?
Year-Wise Partnership PYQs (2011-2024)
Q1. Two persons P and Q enter into a business. P puts Rs. 14,000 more than Q, but P has invested for 8 months and Q has invested for 10 months. If P's share is Rs. 400 more than Q's share out of the total profit of Rs. 2,000, what is the capital contributed by P? [CSAT 2024]
(a) Rs. 30,000
(b) Rs. 26,000
(c) Rs. 24,000
(d) Rs. 20,000
Solution:
Given that,
P = Rs. 14000 + Q
P's investment = 8 months
Q's investment = 10 months
Total profit = Rs.2000
P's share = Rs. 400 + Q's share
Now,
Profit = Investment x time period
Total profit = Rs.2000 = P's share + Q's share
2000 = Q + Q + 400
2Q = 1600
Q's share of profit = Rs. 800
P's share of profit = Rs. 1200
Profit ratio = P/Q = [(14000 + Q) x 8]/(Q x 10) = 1200/800
By solving the equation
The value of Q = Rs. 16000
So, P = 14000 + 16000 = Rs. 30000
Hence option (a) is correct
FAQs on Partnership for UPSC
1. How many partnership questions appear in CSAT?
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