Partnership questions Practice Question and Answer
8 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.
3864 05df0b30ae837331209ea13a5
5df0b30ae837331209ea13a5- 1Rs. 47000false
- 2Rs. 49000false
- 3Rs. 51000true
- 4Rs. 53000false
- 5None of thesefalse
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Answer : 3. "Rs. 51000"
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 ? 3139 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.
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:
1662 05f1542b7cf79540a75334ec3
5f1542b7cf79540a75334ec3- 1Rs. 2040true
- 2Rs. 1680false
- 3Rs. 2000false
- 4Rs. 1720false
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Answer : 1. "Rs. 2040"
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.
635 06401dca5b0030e718db50889
6401dca5b0030e718db50889- 1₹16840, ₹44188, ₹92686false
- 2₹16048, ₹48144, ₹96288true
- 3₹16042, ₹14842, ₹9862false
- 4₹15000, ₹13423, ₹7562false
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Answer : 2. "₹16048, ₹48144, ₹96288"
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.
634 062ff93aca6d1894ab156f4f1
62ff93aca6d1894ab156f4f1- 1Rs 40000, Rs 104000, Rs 52500false
- 2Rs 104000, Rs 52500, Rs 40000true
- 3Rs 52500, Rs 40000, Rs 104000false
- 4Rs 78420, Rs. 48645, Rs. 48770false
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Answer : 2. "Rs 104000, Rs 52500, Rs 40000"
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?
540 06401dc1051b71771391f92e4
6401dc1051b71771391f92e4- 1₹ 1125, ₹1825, ₹2250false
- 2₹1125, ₹1800, ₹2200false
- 3₹1125, ₹1875, ₹2250true
- 4₹1175, ₹1256, ₹2350false
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Answer : 3. "₹1125, ₹1875, ₹2250 "
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?
482 064f8435fa910aab8f9ffc45c
64f8435fa910aab8f9ffc45c- 12:3false
- 23:2true
- 35:3false
- 41:2false
- 52:5false
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Answer : 2. "3:2"
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.
472 064ccdb5742082e8c9b8d8aa0
64ccdb5742082e8c9b8d8aa0- 1₹12,800false
- 2₹12,500false
- 3₹13,500false
- 4₹13,800true
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