Partnership Practice Question and Answer
8 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.
3878 05df0b30ae837331209ea13a5
5df0b30ae837331209ea13a5- 1Rs. 47000false
- 2Rs. 49000false
- 3Rs. 51000true
- 4Rs. 53000false
- 5None of thesefalse
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Answer : 3. "Rs. 51000"
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: 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: 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 05e6c97e6b8843673942b2863
5e6c97e6b8843673942b2863- 1Rs 17400false
- 2Rs 16400true
- 3Rs 16800false
- 4Rs 17800false
- 5None of thesefalse
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Answer : 2. "Rs 16400"
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.
9120 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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