Partnership Practice Question and Answer

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 0

  • 1
    Rs 17400
    Correct
    Wrong
  • 2
    Rs 16400
    Correct
    Wrong
  • 3
    Rs 16800
    Correct
    Wrong
  • 4
    Rs 17800
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "Rs 16400"

Q:

Amount invested by C is Rs 4000 more than that of A and after 9 months, A and C both withdrew their whole amount and B joined the business with Rs. 24,000. If at the end of year, ratio of profit share of A to that of C is 2: 3 then, find profit share by B out of total profit of Rs 14000? 

1039 0

  • 1
    Rs. 3600
    Correct
    Wrong
  • 2
    Rs. 4000
    Correct
    Wrong
  • 3
    Rs. 4400
    Correct
    Wrong
  • 4
    Rs. 3200
    Correct
    Wrong
  • 5
    Rs. 4200
    Correct
    Wrong
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Answer : 2. "Rs. 4000 "

Q:

3400 Rupees is divided among A, B, C, D in such a way that the share of A and B, B and C, C and D may be as 2:3, 4:3 and 2:3 respectively. The sum of shares of B and D is:

1679 0

  • 1
    Rs. 2040
    Correct
    Wrong
  • 2
    Rs. 1680
    Correct
    Wrong
  • 3
    Rs. 2000
    Correct
    Wrong
  • 4
    Rs. 1720
    Correct
    Wrong
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Answer : 1. "Rs. 2040"

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 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 0

  • 1
    ₹ 24,000
    Correct
    Wrong
  • 2
    ₹ 30,000
    Correct
    Wrong
  • 3
    ₹ 36,000
    Correct
    Wrong
  • 4
    ₹ 37,000
    Correct
    Wrong
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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 0

  • 1
    Rs 40000, Rs 104000, Rs 52500
    Correct
    Wrong
  • 2
    Rs 104000, Rs 52500, Rs 40000
    Correct
    Wrong
  • 3
    Rs 52500, Rs 40000, Rs 104000
    Correct
    Wrong
  • 4
    Rs 78420, Rs. 48645, Rs. 48770
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "Rs 104000, Rs 52500, Rs 40000"

Q:

A total of 57 sweets were distributed in 10 children in such a way that each girl got 6 sweets and each boy got 5 sweets. The number of boys is:

1236 0

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

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