Partnership Practice Question and Answer

Q:

Dilip, Ram and Amar started a shop by investing Rs.2700, Rs.8100 and Rs.7200 respectively. At the end of 1 year, the profit was distributed. If Ram's share was Rs.3600, their total profit was

1254 0

  • 1
    Rs.10800
    Correct
    Wrong
  • 2
    Rs.11600
    Correct
    Wrong
  • 3
    Rs.8000
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 3. "Rs.8000"

Q:

Ganesh, Shankar and Sameer invested Rs. 4200, Rs. 8400 and 5400 respectively while starting a business. At the end of the year, they earned a profit of Rs. 24,000. Sameer invested 32% of. his share of the profit in a saving scheme. How much amount he is left with?

1629 0

  • 1
    ₹ 4280
    Correct
    Wrong
  • 2
    ₹ 4652
    Correct
    Wrong
  • 3
    ₹ 5520
    Correct
    Wrong
  • 4
    ₹ 4896
    Correct
    Wrong
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Answer : 4. "₹ 4896 "

Q:

Sheela’s salary is 60% of Reeta’s salary and 80% of Anshu’s salary. If Reeta’s salary is Rs. 16000, what is the difference between the salary of Sheela and Anshu?

1215 0

  • 1
    Rs. 2000
    Correct
    Wrong
  • 2
    Rs. 2600
    Correct
    Wrong
  • 3
    Rs. 2400
    Correct
    Wrong
  • 4
    Rs. 2800
    Correct
    Wrong
  • 5
    Rs. 2000
    Correct
    Wrong
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Answer : 3. "Rs. 2400 "

Q:

A and B started a business with investments Rs 3500 and Rs 2500 respectively. After 4 months C joined with Rs 6000. If the difference between C's share and B's share in the annual profit was Rs 1977, what was the total annual profit? 

2868 0

  • 1
    Rs 15620
    Correct
    Wrong
  • 2
    Rs 16240
    Correct
    Wrong
  • 3
    Rs 14690
    Correct
    Wrong
  • 4
    Rs 12770
    Correct
    Wrong
  • 5
    Rs 13180
    Correct
    Wrong
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Answer : 5. "Rs 13180 "

Q:

Abhay gave 30% of his money to Vijay, Vijay gave 2/3rd of what he received to his mother. Vijay's mother gave 5/8th of the money she received from Vijay to the grocer. Vijay's mother is now left with Rs 600. How much money did Abhay have initially? 

3685 0

  • 1
    Rs 6,200
    Correct
    Wrong
  • 2
    Rs 8,000
    Correct
    Wrong
  • 3
    Rs 6,000
    Correct
    Wrong
  • 4
    Rs 8,200
    Correct
    Wrong
  • 5
    Rs 10,200
    Correct
    Wrong
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Answer : 2. "Rs 8,000 "

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Answer : 4. "Rs. 420 "

Q:

Amount invested by C is Rs 4000 more than that of A and after 9 months, A and C both withdrew their whole amount and B joined the business with Rs. 24,000. If at the end of year, ratio of profit share of A to that of C is 2: 3 then, find profit share by B out of total profit of Rs 14000? 

1040 0

  • 1
    Rs. 3600
    Correct
    Wrong
  • 2
    Rs. 4000
    Correct
    Wrong
  • 3
    Rs. 4400
    Correct
    Wrong
  • 4
    Rs. 3200
    Correct
    Wrong
  • 5
    Rs. 4200
    Correct
    Wrong
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Answer : 2. "Rs. 4000 "

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.

9130 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
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "Rs 104000, Rs 52500, Rs 40000"

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