Partnership Practice Question and Answer

Q:

Three men Ashok, Bindusar and Chankya invested Rs. 11000, Rs. 12000 and Rs. 17000 in a partnership business for a year. After a year, they got a return of Rs. 100000. If they decide to divide the amount on the basis of their shares of investment, then what amount will Chankya receive more than Ashok?

1165 0

  • 1
    Rs.12000
    Correct
    Wrong
  • 2
    Rs.15000
    Correct
    Wrong
  • 3
    Rs.27000
    Correct
    Wrong
  • 4
    Rs. 35000
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "Rs.15000"

Q:

Neena and Meena started a business with investment of Rs. 30,000 and Rs. 45, 000 Respectively. What will be the share of Meena from the profit of Rs.1,50,000 after  2 years?

860 0

  • 1
    Rs. 30,000
    Correct
    Wrong
  • 2
    Rs. 45,000
    Correct
    Wrong
  • 3
    Rs. 75,000
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 4. "None of these"

Q:

Gagan started a business and Michael joined him after 2 months. Gagan spent Rs.15000 while Michael spent Rs.27,000. Their one year profit came out to Rs.5000. How much profit will Gagan get?

1041 0

  • 1
    3000
    Correct
    Wrong
  • 2
    2000
    Correct
    Wrong
  • 3
    1500
    Correct
    Wrong
  • 4
    2750
    Correct
    Wrong
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Answer : 2. "2000"

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

3133 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"

Q:

Mohan invested Rs. 100,000 in a garment business. After few months, Sohan joined him with Rs. 40000. At the end of the year, the total profit was divided between them in ratio 3:1. After how many months did Sohan join the business?

1054 0

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

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:

A invested 125% as much money as B. C invested 80% as much money as B. The total of all the three is 61,000. How much did C invest?

1002 0

  • 1
    25000
    Correct
    Wrong
  • 2
    16000
    Correct
    Wrong
  • 3
    20000
    Correct
    Wrong
  • 4
    45000
    Correct
    Wrong
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Answer : 2. "16000"

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