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Partnership Questions and Answers for Bank Exams and SSC

3 years ago 23.9K Views

Partnership questions and answers for competitive exams:

Q :  

A and B started a business with Rs 20,000 and Rs. 35,000 respectively. They agreed  share the profit in the ratio of their capital. C joined the partnership with the condition that A, B and C will share profit equally and pay Rs. 220000 as premium for this, to be shared between A and B. In what ratio this premium is to be divided between A and B?

(A) 1:10

(B) 10:1

(C) 5 :8

(D) 10:9

Correct Answer : B

Q :  

A total of 57 sweets were distributed in 10 children in such a way that each girl got 6 sweets and each boy got 5 sweets. The number of boys is:

(A) 3

(B) 6

(C) 4

(D) 5

Correct Answer : A

Q :  

3400 Rupees is divided among A, B, C, D in such a way that the share of A and B, B and C, C and D may be as 2:3, 4:3 and 2:3 respectively. The sum of shares of B and D is:

(A) Rs. 2040

(B) Rs. 1680

(C) Rs. 2000

(D) Rs. 1720

Correct Answer : A

Q :  

A and B started a business by investing Rs 350000 and Rs 140000 respectively. A gets 20% of the yearly profit for managing the business. Thereafter the profit is divided in the ratio of the capital. If A receive totally Rs 38000 more than B at the end of a year, then the profit is -

(A) ₹ 105000

(B) ₹ 70000

(C) ₹ 28000

(D) ₹ 280000

Correct Answer : B

Q :  

The ratio of investment of two partners is 11: 12 and the ratio of their profits is 2: 3. If A invested the money for 8 months, find for how much time B invested his money?

(A) 10 months

(B) 11 months

(C) 12 months

(D) 13 months

Correct Answer : B

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