Partnership Practice Question and Answer

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 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"

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 0

  • 1
    Rs. 72000
    Correct
    Wrong
  • 2
    Rs. 90000
    Correct
    Wrong
  • 3
    Rs. 81000
    Correct
    Wrong
  • 4
    Rs. 120000
    Correct
    Wrong
  • 5
    Rs. 108000
    Correct
    Wrong
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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 0

  • 1
    Rs. 7630
    Correct
    Wrong
  • 2
    Rs. 7200
    Correct
    Wrong
  • 3
    Rs. 7400
    Correct
    Wrong
  • 4
    Rs. 7250
    Correct
    Wrong
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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 0

  • 1
    3.72
    Correct
    Wrong
  • 2
    3.6
    Correct
    Wrong
  • 3
    4.2
    Correct
    Wrong
  • 4
    3.12
    Correct
    Wrong
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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 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 "

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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 0

  • 1
    Rs 24,000
    Correct
    Wrong
  • 2
    Rs 20,000
    Correct
    Wrong
  • 3
    Rs 18,000
    Correct
    Wrong
  • 4
    Rs 28,000
    Correct
    Wrong
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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 0

  • 1
    24780.30
    Correct
    Wrong
  • 2
    23785.20
    Correct
    Wrong
  • 3
    23885.20
    Correct
    Wrong
  • 4
    27785.20
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
  • Show Answer
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Answer : 2. "23785.20"

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