Partnership questions Practice Question and Answer

Q:

P, Q and R share the profit in a business in the ratio of 1/4, 1/6 and 7/12. Due to some reason, R takes retirement. What will be the new profit sharing ratio for P and Q if they retain their old ratios in the new shares of profit?

494 0

  • 1
    2:3
    Correct
    Wrong
  • 2
    3:2
    Correct
    Wrong
  • 3
    5:3
    Correct
    Wrong
  • 4
    1:2
    Correct
    Wrong
  • 5
    2:5
    Correct
    Wrong
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Answer : 2. "3:2"

Q:

A started a business with a certain capital. After 3 months A left the business and B joins the business and remains in business. If the ratio of the profit at the end of the year is 5: 6 and the initial investment of A is Rs. 6000, then the investment of B is

434 0

  • 1
    Rs. 1800
    Correct
    Wrong
  • 2
    Rs. 2400
    Correct
    Wrong
  • 3
    Rs. 3600
    Correct
    Wrong
  • 4
    Rs. 4800
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "Rs. 2400"

Q:

A, B and C together invests ₹53,000 in a business. A invests ₹5,000 more than B and B ₹invests 6,000 more than C. Out of a total profit of ₹31,800, find the share of A.

488 0

  • 1
    ₹12,800
    Correct
    Wrong
  • 2
    ₹12,500
    Correct
    Wrong
  • 3
    ₹13,500
    Correct
    Wrong
  • 4
    ₹13,800
    Correct
    Wrong
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Answer : 4. "₹13,800"

Q:

Three partners started business by investing Rs.60,000, Rs.80,000 and Rs.1,20,000 respectively. First partner left the business after 4 months, second after 9 months and third rem ained in the business for the whole year. At the end of year the total profit earned is Rs. 1,60,480, then find their shares of profit.

651 0

  • 1
    ₹16840, ₹44188, ₹92686
    Correct
    Wrong
  • 2
    ₹16048, ₹48144, ₹96288
    Correct
    Wrong
  • 3
    ₹16042, ₹14842, ₹9862
    Correct
    Wrong
  • 4
    ₹15000, ₹13423, ₹7562
    Correct
    Wrong
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Answer : 2. "₹16048, ₹48144, ₹96288"

Q:

Three partner A, B and C started a business by investing Rs. 48000 each. after 6 months, A left the business after 10 months B left the business and after 12 months C left the business. If total earned profit is Rs. 5250, then find the share of A, B and C?

558 0

  • 1
    ₹ 1125, ₹1825, ₹2250
    Correct
    Wrong
  • 2
    ₹1125, ₹1800, ₹2200
    Correct
    Wrong
  • 3
    ₹1125, ₹1875, ₹2250
    Correct
    Wrong
  • 4
    ₹1175, ₹1256, ₹2350
    Correct
    Wrong
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Answer : 3. "₹1125, ₹1875, ₹2250 "

Q:

A starts a business with ₹45,000. After 6 months Benters in his business with ₹80,000. After one year Cinvests ₹1,20,000. In what ratio the profit will be divided among A, B and C after two years?

478 0

  • 1
    9: 16: 24
    Correct
    Wrong
  • 2
    3: 4: 4
    Correct
    Wrong
  • 3
    3: 4: 8
    Correct
    Wrong
  • 4
    3: 3: 8
    Correct
    Wrong
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Answer : 2. "3: 4: 4 "

Q:

A started a business by investing ₹50,000. After 6 months B joined her by investing ₹75,000 After its 6 months C joined with ₹1,25,000. What is the ratio of profit shared after 2 years among A, B and C?

441 0

  • 1
    4:5:6
    Correct
    Wrong
  • 2
    8:9:10
    Correct
    Wrong
  • 3
    8:9:12
    Correct
    Wrong
  • 4
    4:5:8
    Correct
    Wrong
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Answer : 2. "8:9:10 "

Q:

Monu and Kitu entered into a partnership for a year in which Monu invested Rs 120000 and Kitu invested Rs 70000. After 4 months, Monu invested Rs 80000 more whereas after 5 months, Kitu 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 Monu, Kitu and Sweety.

648 0

  • 1
    Rs 40000, Rs 104000, Rs 52500
    Correct
    Wrong
  • 2
    Rs 104000, Rs 52500, Rs 40000
    Correct
    Wrong
  • 3
    Rs 52500, Rs 40000, Rs 104000
    Correct
    Wrong
  • 4
    Rs 78420, Rs. 48645, Rs. 48770
    Correct
    Wrong
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Answer : 2. "Rs 104000, Rs 52500, Rs 40000"

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