Partnership Practice Question and Answer
8 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 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: The ratio of investment of Ram and Shyam is 11: 12 and the ratio of their profits is 2: 3. If Ram invested the money for 8 months, find for how much time Shyam invested his money?
710 06024f548835ee17373907a59
6024f548835ee17373907a59- 112 monthsfalse
- 213 monthsfalse
- 310 monthsfalse
- 411 monthstrue
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Answer : 4. "11 months"
Q: Three partners started business by investing Rs.60,000, Rs.80,000 and Rs.1,20,000 respectively. First partner left the business after 4 months, second after 9 months and third rem ained in the business for the whole year. At the end of year the total profit earned is Rs. 1,60,480, then find their shares of profit.
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6401dca5b0030e718db50889- 1₹16840, ₹44188, ₹92686false
- 2₹16048, ₹48144, ₹96288true
- 3₹16042, ₹14842, ₹9862false
- 4₹15000, ₹13423, ₹7562false
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Answer : 2. "₹16048, ₹48144, ₹96288"
Q: Monu and Kitu entered into a partnership for a year in which Monu invested Rs 120000 and Kitu invested Rs 70000. After 4 months, Monu invested Rs 80000 more whereas after 5 months, Kitu 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 Monu, Kitu and Sweety.
642 062ff93aca6d1894ab156f4f1
62ff93aca6d1894ab156f4f1- 1Rs 40000, Rs 104000, Rs 52500false
- 2Rs 104000, Rs 52500, Rs 40000true
- 3Rs 52500, Rs 40000, Rs 104000false
- 4Rs 78420, Rs. 48645, Rs. 48770false
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Answer : 2. "Rs 104000, Rs 52500, Rs 40000"
Q: A started the business with the investment of Rs. 36000. B and C joined him with some investments after 3 and 6 months. The profit is divided in the ratio of 2 ∶ 3 ∶ 5 at the end of the year. Find the difference between the investment made by B and C in the business.
639 064dcbfcad4a4292bfff43ebd
64dcbfcad4a4292bfff43ebd- 1Rs. 72000false
- 2Rs. 90000false
- 3Rs. 81000false
- 4Rs. 120000false
- 5Rs. 108000true
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Answer : 5. "Rs. 108000"
Q: A started a business by investing Rs. 50,000. After 6 months B joined him by investing Rs. 75,000. After another 6 months C joined with Rs. 1,25,000. What is the ratio of profit shared after 2 years among A, B and C?
619 062eb8f6e2825bb533cdd788f
62eb8f6e2825bb533cdd788f- 14 : 5 : 6false
- 28 : 9 : 10true
- 38 : 9 : 12false
- 44 : 5 : 8false
- 5None of thesefalse
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Answer : 2. "8 : 9 : 10 "
Q: Rs. 720 was divided among A, B, C, D, E. The sum received by them was in ascending order and in arithmetic progression. E received Rs. 40 more than A. How much did B receive?
616 062f23cea3342ab1184327500
62f23cea3342ab1184327500- 1Rs. 134true
- 2Rs. 154false
- 3Rs. 144false
- 4Rs. 124false
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Answer : 1. "Rs. 134 "
Q: Three partner A, B and C started a business by investing Rs. 48000 each. after 6 months, A left the business after 10 months B left the business and after 12 months C left the business. If total earned profit is Rs. 5250, then find the share of A, B and C?
556 06401dc1051b71771391f92e4
6401dc1051b71771391f92e4- 1₹ 1125, ₹1825, ₹2250false
- 2₹1125, ₹1800, ₹2200false
- 3₹1125, ₹1875, ₹2250true
- 4₹1175, ₹1256, ₹2350false
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