Partnership Practice Question and Answer
8 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.
777 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
- Show Answer
- Workspace
- SingleChoice
Answer : 2. "Rs 104000, Rs 52500, Rs 40000"
Q: A started the business with the investment of Rs. 36000. B and C joined him with some investments after 3 and 6 months. The profit is divided in the ratio of 2 ∶ 3 ∶ 5 at the end of the year. Find the difference between the investment made by B and C in the business.
776 064dcbfcad4a4292bfff43ebd
64dcbfcad4a4292bfff43ebd- 1Rs. 72000false
- 2Rs. 90000false
- 3Rs. 81000false
- 4Rs. 120000false
- 5Rs. 108000true
- Show Answer
- Workspace
- SingleChoice
Answer : 5. "Rs. 108000"
Q: Virat starts a business with Rs.6,500 and after 8 months Sohan joins Virat as his partner. After 4 years the profit is divided in the ratio of 13 : 12. What is Sohan contribution in the capital?
700 062ff92f1a6d1894ab156f418
62ff92f1a6d1894ab156f418- 1Rs. 7630false
- 2Rs. 7200true
- 3Rs. 7400false
- 4Rs. 7250false
- Show Answer
- Workspace
- SingleChoice
Answer : 2. "Rs. 7200"
Q: X and Y enter into a partnership with capital in the ratio 3: 5. After 5 months X adds 50% of his capital, while Y withdraws 60% of his capital. What is the share (in lakhs) of X in the annual profit of 6.84 lakhs?
694 064ba4fec2d3130f57542e6c6
64ba4fec2d3130f57542e6c6- 13.72true
- 23.6false
- 34.2false
- 43.12false
- Show Answer
- Workspace
- SingleChoice
Answer : 1. "3.72"
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?
691 06401dc1051b71771391f92e4
6401dc1051b71771391f92e4- 1₹ 1125, ₹1825, ₹2250false
- 2₹1125, ₹1800, ₹2200false
- 3₹1125, ₹1875, ₹2250true
- 4₹1175, ₹1256, ₹2350false
- Show Answer
- Workspace
- SingleChoice
Answer : 3. "₹1125, ₹1875, ₹2250 "
Q: P, Q and R enter into a partnership. P invests Rs. 8000 for the whole year, Q puts in Rs. 12000 at the first and increasing to Rs. 16000 at the end of 4 months, whilst R puts in at first Rs. 16000 but withdraw Rs. 4000 at the end of 9 months. Find the profit of P at the end of year, if the total profit is Rs. 22600.
675 062ff9347fef7996822de2a03
62ff9347fef7996822de2a03- 1Rs. 4800true
- 2Rs. 4600false
- 3Rs. 4750false
- 4Rs. 4300false
- Show Answer
- Workspace
- SingleChoice
Answer : 1. "Rs. 4800"
Q: Two friends Pankaj and Raju entered into a partnership by investing an amount of Rs 6000 and Rs 9000 respectively and ratio of their period of investment is 2: 3. Find the profit share of Pankaj if profit share of Raju is Rs 45,000.
663 062ff9271fef7996822de2641
62ff9271fef7996822de2641- 1Rs 24,000false
- 2Rs 20,000true
- 3Rs 18,000false
- 4Rs 28,000false
- Show Answer
- Workspace
- SingleChoice
Answer : 2. "Rs 20,000"
Q: Reshmi and Rahul invested Rs. 6000 and Rs. 8000 in a business for 6 months and 8 months respectively. Rahul being an working partner earned 23/4% profit out of a total profit of Rs. 36000 and after this the rest of the profit was divided according to their investments. What is Rahul's profit amount?
658 064e73f91d928d8b71612f836
64e73f91d928d8b71612f836- 124780.30false
- 223785.20true
- 323885.20false
- 427785.20false
- 5None of thesefalse
- Show Answer
- Workspace
- SingleChoice