Partnership Practice Question and Answer
8 Q: Three partners invested Rs. 42000, Rs. 48000 and Rs. 32000 respectively. partnership condition is that, each will the get interest on his capital at the rate of 7 % p. a. and the remaining profit will be divided in the ratio of their capitals. If at the end of the year the total profit is Rs. 32940, then find the share of A in profit.
1939 05dcbd1eaf348e931548d05b4
5dcbd1eaf348e931548d05b4- 1₹ 12960false
- 2₹ 11340true
- 3₹ 8640false
- 4None of thesefalse
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Answer : 2. "₹ 11340 "
Q: A, B and C enter into a partnership. A invests Rs. 8000 for the whole year, B puts in Rs. 12000 at the first and increasing to Rs. 16000 at the end of 4 months, whilst C puts in at first Rs. 16000 but withdraw Rs. 4000 at the end of 9 months. Find the profit of A at the end of year, if the total profit is Rs. 22600.
1883 05fd1e23dc46a213fc5bf1ac8
5fd1e23dc46a213fc5bf1ac8- 1Rs. 4800true
- 2Rs. 4600false
- 3Rs. 4750false
- 4Rs. 4300false
- 5None of thesefalse
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Answer : 1. "Rs. 4800"
Q: Simran started a software business by investing Rs. 50,000. After six months, Nanda joined her with a capital of Rs. 80,000. After 3 years, they earned a profit of Rs. 24,500. What was Simran's share in the profit ? 3154 05b5cc731e4d2b4197774f7f1
5b5cc731e4d2b4197774f7f1- 112,421false
- 29,423false
- 311,600false
- 410,500true
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Answer : 4. "10,500"
Explanation :
Answer: D) 10,500 Explanation: The ratio of their investments:50000x36 : 80000x30 = 3 : 4Simran's share of profit = (24500x3/7) = Rs.10,500.
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Answer : 3. "C"
Q: A and B enter into partnership in vesting ₹ 48,000 and ₹ 60,000 respectively. After 3 months, A withdraws ₹ 8,000 while B invests 6,000 after 6 months of starting of business. Out of the total amount of profit, if A gets ₹ 12, 000 as his share at the end of the year total profit is:
1154 05dcbd0a5e9d33d6509bed21a
5dcbd0a5e9d33d6509bed21a- 1₹ 24,000false
- 2₹ 30,000true
- 3₹ 36,000false
- 4₹ 37,000false
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Answer : 2. "₹ 30,000 "
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.
9132 05e78a599389ef1736dd807fc
5e78a599389ef1736dd807fc- 1Rs 40000, Rs 104000, Rs 52500false
- 2Rs 104000, Rs 52500, Rs 40000true
- 3Rs 52500, Rs 40000, Rs 104000false
- 4Rs 78420, Rs. 48645, Rs. 48770false
- 5None of thesefalse
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Answer : 2. "Rs 104000, Rs 52500, Rs 40000"
Q: A total of 57 sweets were distributed in 10 children in such a way that each girl got 6 sweets and each boy got 5 sweets. The number of boys is:
1236 05f1aa7b498004644da94ff7d
5f1aa7b498004644da94ff7d- 13true
- 26false
- 34false
- 45false
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Answer : 1. "3"
Q: Two friends A and B invest in a business in partnership. B borrows 20% of A’s salary, combines it with 60% of his salary and invests with A, who puts all of his remaining salary. One year later the ratio of profit of A and B is 5 : 3 respectively and B returns Rs. 21000 to A which he borrowed from him. What is the difference between salary of A and B?
4401 062c3edef95b7933e53326ef4
62c3edef95b7933e53326ef4- 1Rs. 33000false
- 2Rs. 56000true
- 3Rs. 60000false
- 4Rs. 28000false
- 5None of thesefalse
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