Partnership Aptitude questions Practice Question and Answer
7 Q: A, B and C entered into a partnership with investment in the ratio 5 : 4 : 6. After one year A doubled his investment and C withdrew half of his investment amount. At the end of two years, they earned a profit of Rs.96000, find the sum of the shares of B and C in the profit.
4040 05df0b30ae837331209ea13a5
5df0b30ae837331209ea13a5- 1Rs. 47000false
- 2Rs. 49000false
- 3Rs. 51000true
- 4Rs. 53000false
- 5None of thesefalse
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Answer : 3. "Rs. 51000"
Q: A starts some business with ₹ 50,000. After 3 months B joins him with ₹ 70,000. At the end of the year, in what ratio should they share the profit?
9595 05de6359faf4c355a00ab3048
5de6359faf4c355a00ab3048- 11 : 3false
- 23 : 2false
- 31 : 5false
- 4None of thesetrue
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Answer : 4. "None of these"
Explanation :
A : B
12*50,000 : 9*70,000
60 : 63
20 : 21
Q: Three partners invested Rs. 42000, Rs. 48000 and Rs. 32000 respectively. partnership condition is that, each will the get interest on his capital at the rate of 7 % p. a. and the remaining profit will be divided in the ratio of their capitals. If at the end of the year the total profit is Rs. 32940, then find the share of A in profit.
2046 05dcbd1eaf348e931548d05b4
5dcbd1eaf348e931548d05b4- 1₹ 12960false
- 2₹ 11340true
- 3₹ 8640false
- 4None of thesefalse
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Answer : 2. "₹ 11340 "
Q: Out of total capital required to start a business A invested 30 %, B invested and C invested the remaining capital. At the end of one-year sum of Rs. 4000 is earned as a profit which is 20% of the capital given by B, then find how much C invested in the business?
1324 05dcbd1771c797b2b2ae1cca1
5dcbd1771c797b2b2ae1cca1- 1₹ 25000false
- 2₹ 10000false
- 3₹ 15000true
- 4₹ 12450false
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Answer : 3. "₹ 15000 "
Q: M, P and Q together started a business. M invested ₹ 6, 500 for 6 months, P invested ₹ 8,400 for 5 months and Q invested ₹ 10,000 for 3 months. M is working member for which he gets 5 % of total profit extra. If the total gain is 7,400 , then Q's share is :
1159 05dcbd10ee9d33d6509bed223
5dcbd10ee9d33d6509bed223- 1₹ 1900true
- 2₹ 2,100false
- 3₹ 3,200false
- 4Data are incompletefalse
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Answer : 1. "₹ 1900 "
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Answer : 3. "C"
Q: Simran started a software business by investing Rs. 50,000. After six months, Nanda joined her with a capital of Rs. 80,000. After 3 years, they earned a profit of Rs. 24,500. What was Simran's share in the profit ? 3319 05b5cc731e4d2b4197774f7f1
5b5cc731e4d2b4197774f7f1- 112,421false
- 29,423false
- 311,600false
- 410,500true
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Answer : 4. "10,500"
Explanation :
Answer: D) 10,500 Explanation: The ratio of their investments:50000x36 : 80000x30 = 3 : 4Simran's share of profit = (24500x3/7) = Rs.10,500.