Partnership Practice Question and Answer

Q:

Shrikant and Vividh started a business investing amounts of Rs 185000 and Rs 225000 respectively. If Vividh's share in the profit earned by them is Rs 9000 what is the total profit earned by them together ?

1358 0

  • 1
    Rs 17400
    Correct
    Wrong
  • 2
    Rs 16400
    Correct
    Wrong
  • 3
    Rs 16800
    Correct
    Wrong
  • 4
    Rs 17800
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "Rs 16400"

Q:

A and B started a boutique investing amounts of ₹ 35,000 and ₹ 56, 000 respectively. If A ' s share in the profit earned by them is ₹ 45, 000 then what is - the total profit earned?

1935 0

  • 1
    ₹ 81,000
    Correct
    Wrong
  • 2
    ₹ 1,27,000
    Correct
    Wrong
  • 3
    ₹ 72,000
    Correct
    Wrong
  • 4
    ₹ 1,17, 000
    Correct
    Wrong
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Answer : 4. "₹ 1,17, 000 "

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.

3879 0

  • 1
    Rs. 47000
    Correct
    Wrong
  • 2
    Rs. 49000
    Correct
    Wrong
  • 3
    Rs. 51000
    Correct
    Wrong
  • 4
    Rs. 53000
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 3. "Rs. 51000"

Q:

A starts some business with ₹ 50,000. After 3 months B joins him with ₹ 70,000. At the end of the year, in what ratio should they share the profit? 

9460 0

  • 1
    1 : 3
    Correct
    Wrong
  • 2
    3 : 2
    Correct
    Wrong
  • 3
    1 : 5
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 4. "None of these"
Explanation :

A            :                  B

12*50,000       :       9*70,000
60           :          63
20          :           21

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Answer : 2. "₹ 11340 "

Q:

Out of total capital required to start a business A invested 30 %, B invested $$2\over 5$$ and C invested the remaining capital. At the end of one-year sum of Rs. 4000 is earned as a profit which is 20% of the capital given by B, then find how much C invested in the business? 

1234 0

  • 1
    ₹ 25000
    Correct
    Wrong
  • 2
    ₹ 10000
    Correct
    Wrong
  • 3
    ₹ 15000
    Correct
    Wrong
  • 4
    ₹ 12450
    Correct
    Wrong
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Answer : 3. "₹ 15000 "

Q:

M, P and Q together started a business. M invested ₹ 6, 500 for 6 months, P invested ₹ 8,400 for 5 months and Q invested ₹ 10,000 for 3 months. M is working member for which he gets 5 % of total profit extra. If the total gain is  7,400 , then Q's share is : 

1052 0

  • 1
    ₹ 1900
    Correct
    Wrong
  • 2
    ₹ 2,100
    Correct
    Wrong
  • 3
    ₹ 3,200
    Correct
    Wrong
  • 4
    Data are incomplete
    Correct
    Wrong
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Answer : 1. "₹ 1900 "

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