Partnership Practice Question and Answer
8 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: Suresh, Dinesh and Ramesh became partners in a business by investing money in the ratio of 3 : 6 : 8. If their investments is increased by 5%, 15% and 20%, respectively, then what will be the ratio of their profits for one year?
1100 064abdb9d9a74b54cff6d56ef
64abdb9d9a74b54cff6d56ef- 17∶46∶64false
- 219∶46∶64false
- 321∶46∶64true
- 435∶46∶64false
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Answer : 3. "21∶46∶64"
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?
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5d7f22b650132761b5ef8e2f- 1A, 28false
- 2B, 3false
- 3C, 20false
- 4C, 25true
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Answer : 4. "C, 25"
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 060701d5f556643278a8198fb
60701d5f556643278a8198fb- 13false
- 22true
- 34false
- 45false
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Answer : 2. "2"
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: 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 060991a2c1c52c418ae4c7b05
60991a2c1c52c418ae4c7b05- 13000false
- 22000true
- 31500false
- 42750false
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Answer : 2. "2000"
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 05e8ff8e7ce0a3938e2c752b1
5e8ff8e7ce0a3938e2c752b1- 1Rs. 3600false
- 2Rs. 4000true
- 3Rs. 4400false
- 4Rs. 3200false
- 5Rs. 4200false
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Answer : 2. "Rs. 4000 "
Q:Answer the following questions
Nirmal started a business by investing Rs.48000. After 7 months, Vidya joined him with a capital of Rs.56000. At the end of the year of the total profit was Rs.5885. What is the Vidya’s share of the profit?
1018 063be4b3a74eba5069d4f9cac
63be4b3a74eba5069d4f9cac- 1Rs.3625false
- 2Rs.1650false
- 3Rs.1925true
- 4Rs.3960false
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