Partnership Aptitude questions Practice Question and Answer
8 Q: A started a business with a capital of Rs.1,12,000. After 2 months, B joined the business with a capital of Rs.80,000 and after another 2 months, C joined the business with a capital of Rs.72,000. After 10 months from the start of the business, B withdrew Rs.8,000 and C also with drew Rs.8,000. If B received Rs.9,800 as his share in the profit at the end of a year, then the total profit was:
893 06051c997d3e3d30b29d9a9f8
6051c997d3e3d30b29d9a9f8- 130,800false
- 235,800false
- 332,400false
- 433,600true
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Answer : 4. "33,600"
Q: Two partners invest ₹ 1,25,000 and ₹ 85,000 respectively in a business and agree that 60% of the profit should be divided equally between them and the remaining profit is to be divided into ratio of their capitals. If one partner gets 300 more than the other. Find the total profit made in the business.
902 05dcbcfc9e9d33d6509bec565
5dcbcfc9e9d33d6509bec565- 1₹ 3739. 50false
- 2₹ 3937. 50true
- 3₹ 3749. 50false
- 4₹ 3947.50false
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Answer : 2. "₹ 3937. 50 "
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?
896 05ee0cd6a0cb2490dae76f539
5ee0cd6a0cb2490dae76f539- 110 monthsfalse
- 211 monthstrue
- 312 monthsfalse
- 413 monthsfalse
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Answer : 2. "11 months"
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 ? 3138 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.
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Answer : 3. "C"
Q: A and B enter into partnership in vesting ₹ 48,000 and ₹ 60,000 respectively. After 3 months, A withdraws ₹ 8,000 while B invests 6,000 after 6 months of starting of business. Out of the total amount of profit, if A gets ₹ 12, 000 as his share at the end of the year total profit is:
1149 05dcbd0a5e9d33d6509bed21a
5dcbd0a5e9d33d6509bed21a- 1₹ 24,000false
- 2₹ 30,000true
- 3₹ 36,000false
- 4₹ 37,000false
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Answer : 2. "₹ 30,000 "
Q: Sonu and Titu entered into a partnership for a year in which Sonu invested Rs 120000 and Titu invested Rs 70000. After 4 months, Sonu invested Rs 80000 more whereas after 5 months, Titu invested Rs 30000 more. When two months were left Sweety also joined investing Rs 400000 as her contribution. If the profit for the year was 12.5% of 1572000, find the share of Sonu, Titu and Sweety.
8912 05e78a599389ef1736dd807fc
5e78a599389ef1736dd807fc- 1Rs 40000, Rs 104000, Rs 52500false
- 2Rs 104000, Rs 52500, Rs 40000true
- 3Rs 52500, Rs 40000, Rs 104000false
- 4Rs 78420, Rs. 48645, Rs. 48770false
- 5None of thesefalse
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Answer : 2. "Rs 104000, Rs 52500, Rs 40000"
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?
7968 05f2cfe0479b9e641a7607faf
5f2cfe0479b9e641a7607faf- 11:10false
- 210:1true
- 35 :8false
- 410:9false
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