Partnership Practice Question and Answer
8 Q: A and B entered into a partnership by investing Rs. 8000 and Rs. 6000 respectively. After 8 months, A withdrew half his investment while B invested 1.5 times more of his investment more and C joined the partnership with Rs. 12000. Find the profit share of C after 1 year if A got Rs. 8000 as profit.
556 064f1ef89aeb516456847a8de
64f1ef89aeb516456847a8de- 1Rs. 5400false
- 2Rs. 4500false
- 3Rs. 5000false
- 4Rs. 4800true
- 5Rs. 6000false
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Answer : 4. "Rs. 4800"
Q: Ram started a business by investing Rs.48000. After 7 months, Sita joined him with a capital of Rs.56000. At the end of the year of the total profit was Rs.5885. What is the Sita share of the profit?
532 062ff922d8921e519c148adda
62ff922d8921e519c148adda- 1Rs.3625false
- 2Rs.1650false
- 3Rs.1925true
- 4Rs.3960false
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Answer : 3. "Rs.1925"
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?
521 064e73f91d928d8b71612f836
64e73f91d928d8b71612f836- 124780.30false
- 223785.20true
- 323885.20false
- 427785.20false
- 5None of thesefalse
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Answer : 2. "23785.20"
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.
520 062ff9271fef7996822de2641
62ff9271fef7996822de2641- 1Rs 24,000false
- 2Rs 20,000true
- 3Rs 18,000false
- 4Rs 28,000false
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Answer : 2. "Rs 20,000"
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.
507 062ff9347fef7996822de2a03
62ff9347fef7996822de2a03- 1Rs. 4800true
- 2Rs. 4600false
- 3Rs. 4750false
- 4Rs. 4300false
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Answer : 1. "Rs. 4800"
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?
493 064f8435fa910aab8f9ffc45c
64f8435fa910aab8f9ffc45c- 12:3false
- 23:2true
- 35:3false
- 41:2false
- 52:5false
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Answer : 2. "3:2"
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?
491 064ba4fec2d3130f57542e6c6
64ba4fec2d3130f57542e6c6- 13.72true
- 23.6false
- 34.2false
- 43.12false
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Answer : 1. "3.72"
Q: A sum of ₹1,50,000 is distributed among three persons - A, B and C - so that they receive 20%, 30% and 50%. respectively. A receives the same amount from another sum of money which is distributed among them so that they receive 50%, 30% and 20%, respectively. Find the total amount received from both sums of money, by B.
482 064ccdd1f8f85ca71558f091a
64ccdd1f8f85ca71558f091a- 1₹58,000false
- 2₹ 60,000false
- 3₹ 55,000false
- 4₹ 63,000true
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