Partnership Practice Question and Answer

Q:

Two-person X and Y invested their money in the ratio of 30:28 and the ratio of their respective profits at the end of a year is 10:4. If Y invested the money for 3 months, then for how much time (in months) x invested his money?

3317 0

  • 1
    7
    Correct
    Wrong
  • 2
    9
    Correct
    Wrong
  • 3
    5
    Correct
    Wrong
  • 4
    6
    Correct
    Wrong
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Answer : 1. "7"

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 0

  • 1
    12,421
    Correct
    Wrong
  • 2
    9,423
    Correct
    Wrong
  • 3
    11,600
    Correct
    Wrong
  • 4
    10,500
    Correct
    Wrong
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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.

Q:

A sum of Rs.10600 is divided among P, Q, R in such a way that P gets Rs.1400 more than what Q gets and Q gets Rs.1600 more than what R gets. The ratio of their shares is

3132 1

  • 1
    16: 9: 18
    Correct
    Wrong
  • 2
    27: 18: 10
    Correct
    Wrong
  • 3
    18: 25: 10
    Correct
    Wrong
  • 4
    16: 25: 10
    Correct
    Wrong
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Answer : 3. "18: 25: 10"

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Answer : 1. "3000"

Q:

Rahul and Rohan enter into a partnership with   their capitals in the ratio 7:9. At the end of 8th month, Rahul  withdraws his capital. If they receive the  profits in the ratio 8:9, find how long Rohan’s capital was used.

2922 0

  • 1
    4 month
    Correct
    Wrong
  • 2
    6 month
    Correct
    Wrong
  • 3
    7 month
    Correct
    Wrong
  • 4
    8 month
    Correct
    Wrong
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Answer : 3. "7 month"

Q:

A and B started a business with investments Rs 3500 and Rs 2500 respectively. After 4 months C joined with Rs 6000. If the difference between C's share and B's share in the annual profit was Rs 1977, what was the total annual profit? 

2868 0

  • 1
    Rs 15620
    Correct
    Wrong
  • 2
    Rs 16240
    Correct
    Wrong
  • 3
    Rs 14690
    Correct
    Wrong
  • 4
    Rs 12770
    Correct
    Wrong
  • 5
    Rs 13180
    Correct
    Wrong
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Answer : 5. "Rs 13180 "

Q:

In a business A and B gained some amount in a certain ratio. B and C received the profit in the ratio as that of A and B. If A received ₹ 6,400 and C received ₹ 10,000. Find the share of B 

2596 0

  • 1
    ₹ 8,000
    Correct
    Wrong
  • 2
    ₹ 10,000
    Correct
    Wrong
  • 3
    ₹ 2,000
    Correct
    Wrong
  • 4
    ₹ 4,000
    Correct
    Wrong
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Answer : 1. "₹ 8,000 "

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