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: Dilip, Ram and Amar started a shop by investing Rs.2700, Rs.8100 and Rs.7200 respectively. At the end of 1 year, the profit was distributed. If Ram's share was Rs.3600, their total profit was
1254 05ec5f6220d983803ea4e4feb
5ec5f6220d983803ea4e4feb- 1Rs.10800false
- 2Rs.11600false
- 3Rs.8000true
- 4None of thesefalse
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Answer : 3. "Rs.8000"
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 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 05df0b30ae837331209ea13a5
5df0b30ae837331209ea13a5- 1Rs. 47000false
- 2Rs. 49000false
- 3Rs. 51000true
- 4Rs. 53000false
- 5None of thesefalse
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Answer : 3. "Rs. 51000"
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.
9121 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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