Partnership Practice Question and Answer

Q:

The ratio between the monthly income of A, B and C is 2 : 3 : 5. If C's monthly income is Rs. 1500 more than the A's monthly income, then find the B's annual income.

870 0

  • 1
    Rs. 36000
    Correct
    Wrong
  • 2
    Rs. 30000
    Correct
    Wrong
  • 3
    Rs. 18000
    Correct
    Wrong
  • 4
    Rs. 24000
    Correct
    Wrong
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Answer : 3. "Rs. 18000"

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:

The ratio of investment of two partners is 11: 12 and the ratio of their profits is 2: 3. If A invested the money for 8 months, find for how much time B invested his money?

903 0

  • 1
    10 months
    Correct
    Wrong
  • 2
    11 months
    Correct
    Wrong
  • 3
    12 months
    Correct
    Wrong
  • 4
    13 months
    Correct
    Wrong
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Answer : 2. "11 months"

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.

9128 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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