16. A, B and C enter into a partnership in the ratio
(A) Rs. 2100
(B) Rs. 2400
(C) Rs. 3600
(D) Rs. 4000
17. A and B entered into a partnership with capitals in the ratio 4 : 5. After 3 months, A withdrew
(A) Rs. 330
(B) RS. 360
(C) Rs. 380
(D) Rs. 430
18. A, B and C jointly thought of engaging themselves in a business venture. It was agreed that A would invest Rs. 6500 for 6 months, B, Rs.8400 for 5 months and C, Rs. 10,000 for 3 months. A wants to be the working member for which he was to receive 5% of the profits. The profit earned was Rs. 7400. Calculate the share of B in the profit.
(A) Rs.1900
(B) Rs. 2660
(C) Rs. 2800
(D) Rs. 2840
19. A began a business with Rs. 85,000. He was joined afterward by B with Rs. 42,500. For how much period does B join, if the profits at the end of the year are divided in the ratio of 3 : 1?
(A) 4 months
(B) 5 months
(C) 6 months
(D) 8 months
20. A starts business with Rs. 3500 and after 5 months, B joins with A as his partner. After a year, the profit is divided in the ratio 2: 3. What is the B’s contribution in the capital?
(A) Rs. 7500
(B) Rs. 8000
(C) Rs. 8500
(D) Rs. 9000
For more Partnership questions and answers, Visit next page.
Get the Examsbook Prep App Today