Partnership Practice Question and Answer
8 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 05dcbd10ee9d33d6509bed223
5dcbd10ee9d33d6509bed223- 1₹ 1900true
- 2₹ 2,100false
- 3₹ 3,200false
- 4Data are incompletefalse
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Answer : 1. "₹ 1900 "
Q: X and Y enter into a partnership with capitals in the ratio 5 : 6 and at the end of 8 months, x with draws. If they receive profit in the ratio of 5 : 9. Find how long Y's capital was used.
1283 05dcbcf19f348e931548ced77
5dcbcf19f348e931548ced77- 18 monthsfalse
- 29 monthsfalse
- 311 monthsfalse
- 412 monthstrue
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Answer : 4. "12 months "
Q: By mistake instead of dividing Rs.117 among A,B and C in the ration $${1\over2}:{1\over3}:{1\over4} $$. it was divided in the ratio of 2:3:4. Who gains the most and by how much?
1084 05d7f22b650132761b5ef8e2f
5d7f22b650132761b5ef8e2f- 1A, 28false
- 2B, 3false
- 3C, 20false
- 4C, 25true
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Answer : 4. "C, 25"
Q: A, B and C started a business with their investments in the ratio 1 : 2 : 4 . After 6-month A invested the half amount more as before and B invested same the amount as before while C withdrew $$1\over 4$$th of the his investments. Find the ratio of their profits at the end of the year.
1589 15db03592c386724da53b22b4
5db03592c386724da53b22b4- 15 : 12 : 13false
- 25 : 11 : 14false
- 35 : 12 : 14true
- 4None of thesefalse
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Answer : 3. "5 : 12 : 14"
Q: Two partners invest ₹ 1,25,000 and ₹ 85,000 respectively in a business and agree that 60% of the profit should be divided equally between them and the remaining profit is to be divided into ratio of their capitals. If one partner gets 300 more than the other. Find the total profit made in the business.
906 05dcbcfc9e9d33d6509bec565
5dcbcfc9e9d33d6509bec565- 1₹ 3739. 50false
- 2₹ 3937. 50true
- 3₹ 3749. 50false
- 4₹ 3947.50false
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Answer : 2. "₹ 3937. 50 "
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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