Partnership Practice Question and Answer

Q:

Two partners invest ₹ 1,25,000 and ₹ 85,000 respectively in a business and agree that 60% of the profit should be divided equally between them and the remaining profit is to be divided into ratio of their capitals. If one partner gets 300 more than the other. Find the total profit made in the business. 

906 0

  • 1
    ₹ 3739. 50
    Correct
    Wrong
  • 2
    ₹ 3937. 50
    Correct
    Wrong
  • 3
    ₹ 3749. 50
    Correct
    Wrong
  • 4
    ₹ 3947.50
    Correct
    Wrong
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Answer : 2. "₹ 3937. 50 "

Q:

Two partners invest 1,25,000 and 85,000 respectively in business and agree that 60 % of the profit should be divided equally between them and the remaining profit is it be treated as interest on capital. If one partner gets 300 more than the other, find the total profit made in the business. 

771 0

  • 1
    ₹ 3,793.50
    Correct
    Wrong
  • 2
    ₹ 3,937.50
    Correct
    Wrong
  • 3
    ₹ 3,379.50
    Correct
    Wrong
  • 4
    ₹ 3,973.50
    Correct
    Wrong
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Answer : 2. "₹ 3,937.50"

Q:

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

2108 0

  • 1
    Rs. 7400
    Correct
    Wrong
  • 2
    Rs. 7250
    Correct
    Wrong
  • 3
    Rs. 7630
    Correct
    Wrong
  • 4
    Rs. 7200
    Correct
    Wrong
  • 5
    Rs. 7480
    Correct
    Wrong
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Answer : 4. "Rs. 7200 "

Q:

A, B and C enter into a partnership. A invests Rs. 8000 for the whole year, B puts in Rs. 12000 at the first and increasing to Rs. 16000 at the end of 4 months, whilst C puts in at first Rs. 16000 but withdraw Rs. 4000 at the end of 9 months. Find the profit of A at the end of year, if the total profit is Rs. 22600.

1883 0

  • 1
    Rs. 4800
    Correct
    Wrong
  • 2
    Rs. 4600
    Correct
    Wrong
  • 3
    Rs. 4750
    Correct
    Wrong
  • 4
    Rs. 4300
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 1. "Rs. 4800"

Q:

A, B and C enter into a partnership by investing their capitals in the ratio of $$ {2\over 5} : {3\over 4} : {5\over 8}$$. After 4 months, A increased his capital by 50%, but B decreased his capital by 20%. What is the share of B in the total profit of Rs. 2, 82, 100 at the end of a year.

868 0

  • 1
    Rs. 83,200
    Correct
    Wrong
  • 2
    Rs. 97,500
    Correct
    Wrong
  • 3
    Rs. 1, 01, 400
    Correct
    Wrong
  • 4
    Rs. 1,00, 750
    Correct
    Wrong
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Answer : 3. "Rs. 1, 01, 400"

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Answer : 1. "5 months"

Q:

A and B start a common business by placing their capital in the ratio of 5: 6. After 8 months A withdraws his capital. They received dividends in the ratio of 5: 9. For how long did B invest his capital?

991 0

  • 1
    6 months
    Correct
    Wrong
  • 2
    8 months
    Correct
    Wrong
  • 3
    10 months
    Correct
    Wrong
  • 4
    12 months
    Correct
    Wrong
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Answer : 4. "12 months"

Q:

A, B and C enter into partnership. A advances Rs. 1200 for 4 months, B Rs. 1400 for 8 months and C Rs. 1000 for 10 months. They gain Rs. 585 altogether. Find the share of each.

6683 0

  • 1
    Rs. 118, Rs. 242, Rs. 235
    Correct
    Wrong
  • 2
    Rs. 108, Rs. 252, Rs. 225
    Correct
    Wrong
  • 3
    Rs. 128, Rs. 242, Rs. 215
    Correct
    Wrong
  • 4
    Rs. 138, Rs. 262, Rs. 245
    Correct
    Wrong
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Answer : 2. "Rs. 108, Rs. 252, Rs. 225"

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