Partnership Practice Question and Answer
8 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.
930 05dcbcfc9e9d33d6509bec565
5dcbcfc9e9d33d6509bec565- 1₹ 3739. 50false
- 2₹ 3937. 50true
- 3₹ 3749. 50false
- 4₹ 3947.50false
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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.
796 0600a8ac77cf1e8512ed331d9
600a8ac77cf1e8512ed331d9- 1₹ 3,793.50false
- 2₹ 3,937.50true
- 3₹ 3,379.50false
- 4₹ 3,973.50false
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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?
2136 05fd87428ee21a54406214beb
5fd87428ee21a54406214beb- 1Rs. 7400false
- 2Rs. 7250false
- 3Rs. 7630false
- 4Rs. 7200true
- 5Rs. 7480false
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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.
1914 05fd1e23dc46a213fc5bf1ac8
5fd1e23dc46a213fc5bf1ac8- 1Rs. 4800true
- 2Rs. 4600false
- 3Rs. 4750false
- 4Rs. 4300false
- 5None of thesefalse
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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.
893 05fc0dc054f2f6c622beee5ec
5fc0dc054f2f6c622beee5ec- 1Rs. 83,200false
- 2Rs. 97,500false
- 3Rs. 1, 01, 400true
- 4Rs. 1,00, 750false
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Answer : 3. "Rs. 1, 01, 400"
Q: Pratip started the business by investing some money. After some time, Sheela shared double by investing double the money. At the end of the year, the profit was distributed in such a way that 7 times the profit of Pratip was equal to 6 times the profit of Sheela, then after how many months did Sheela join the business.
1646 05f76bbe9f66ef56de8577a20
5f76bbe9f66ef56de8577a20- 15 monthstrue
- 27 monthsfalse
- 34 monthsfalse
- 49 monthsfalse
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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?
1009 05f76bb83f66ef56de857735c
5f76bb83f66ef56de857735c- 16 monthsfalse
- 28 monthsfalse
- 310 monthsfalse
- 412 monthstrue
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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.
6763 05f63284af894324f90f8ad84
5f63284af894324f90f8ad84- 1Rs. 118, Rs. 242, Rs. 235false
- 2Rs. 108, Rs. 252, Rs. 225true
- 3Rs. 128, Rs. 242, Rs. 215false
- 4Rs. 138, Rs. 262, Rs. 245false
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