Partnership Practice Question and Answer

Q:

Virat starts a business with Rs.6,500 and after 8 months Sohan joins Virat as his partner. After 4 years the profit is divided in the ratio of 13 : 12. What is Sohan contribution in the capital?

481 0

  • 1
    Rs. 7630
    Correct
    Wrong
  • 2
    Rs. 7200
    Correct
    Wrong
  • 3
    Rs. 7400
    Correct
    Wrong
  • 4
    Rs. 7250
    Correct
    Wrong
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Answer : 2. "Rs. 7200"

Q:

Two friends Pankaj and Raju entered into a partnership by investing an amount of Rs 6000 and Rs 9000 respectively and ratio of their period of investment is 2: 3. Find the profit share of Pankaj if profit share of Raju is Rs 45,000.

520 0

  • 1
    Rs 24,000
    Correct
    Wrong
  • 2
    Rs 20,000
    Correct
    Wrong
  • 3
    Rs 18,000
    Correct
    Wrong
  • 4
    Rs 28,000
    Correct
    Wrong
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Answer : 2. "Rs 20,000"

Q:

Ram started a business by investing Rs.48000. After 7 months, Sita joined him with a capital of Rs.56000. At the end of the year of the total profit was Rs.5885. What is the Sita share of the profit?

532 0

  • 1
    Rs.3625
    Correct
    Wrong
  • 2
    Rs.1650
    Correct
    Wrong
  • 3
    Rs.1925
    Correct
    Wrong
  • 4
    Rs.3960
    Correct
    Wrong
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Answer : 3. "Rs.1925"

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 1

  • 1
    5 : 12 : 13
    Correct
    Wrong
  • 2
    5 : 11 : 14
    Correct
    Wrong
  • 3
    5 : 12 : 14
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 3. "5 : 12 : 14"

Q:

Rs. 720 was divided among A, B, C, D, E. The sum received by them was in ascending order and in arithmetic progression. E received Rs. 40 more than A. How much did B receive?

616 0

  • 1
    Rs. 134
    Correct
    Wrong
  • 2
    Rs. 154
    Correct
    Wrong
  • 3
    Rs. 144
    Correct
    Wrong
  • 4
    Rs. 124
    Correct
    Wrong
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Answer : 1. "Rs. 134 "

Q:

A started a business by investing Rs. 50,000. After 6 months B joined him by investing Rs. 75,000. After another 6 months C joined with Rs. 1,25,000. What is the ratio of profit shared after 2 years among A, B and C?

619 0

  • 1
    4 : 5 : 6
    Correct
    Wrong
  • 2
    8 : 9 : 10
    Correct
    Wrong
  • 3
    8 : 9 : 12
    Correct
    Wrong
  • 4
    4 : 5 : 8
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "8 : 9 : 10 "

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Answer : 2. "Rs. 56000"

Q:

The ratio of investment of two partners is 11: 12 and the ratio of their profits is 2: 3. If A invested the money for 8 months, find for how much time B invested his money?

903 0

  • 1
    10 months
    Correct
    Wrong
  • 2
    11 months
    Correct
    Wrong
  • 3
    12 months
    Correct
    Wrong
  • 4
    13 months
    Correct
    Wrong
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Answer : 2. "11 months"

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