Partnership Questions and Answers

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Q21
A, B and C started a shop by investing Rs. 27000, Rs. 72000 andRs. 81000 respectively. At the end of the year the profits were distributed among them. If C's share of profit be Rs. 36000, then the total profit was :
  • A Rs. 80000
  • B Rs. 116000
  • C Rs. 108000
  • D Rs. 9560
Answer: Option A
Q22
A and B start a busness jointly. A invests Rs. 16000 for 8 months and B remans in the business for 4 months. Out of total profit, B claims 2/7 of theprofit. Howmuch money was contributed by B ?
  • A Rs. 10500
  • B Rs. 11900
  • C Rs. 12800
  • D Rs. 13600
Answer: Option C
Q23
A an B started a business with initial investments in the ratio 7 : 6. If A invested the money for 10 months, for how many months did B invest his money ?
  • A 8
  • B 9
  • C 6
  • D 7
Answer: Option A
Q24
A, B, C enter into a prtnership and ther capitals are in the proportion 20:15 :12. A withdraws hal hs capital at the end of 4 months. Out of a total annual profit of  Rs. 847, A's share is :
  • A Rs. 252
  • B Rs. 280
  • C Rs. 315
  • D Rs. 412
Answer: Option B
Q25
In a partnership, a invests 1/6 of the capital for 1/6 of the time, B invests 1/3 of the capital for 1/3 of the time and C, the rest of the capital for the whole time. Out of a profit of Rs. 4600, B's share is :
  • A Rs. 650
  • B Rs. 800
  • C Rs. 960
  • D Rs. 1000
Answer: Option B
Q26
A, B and C enter into a partnership in the ratio 7/2:4/3:6/5. After 4 months, A increases his share by 50%. If the total profit at the end of one year be Rs. 21600, then B's share in the profit is :
  • A Rs, 2100
  • B Rs. 2400
  • C Rs. 3600
  • D Rs. 4000
Answer: Option D
Q27
A and B invest in a business in the ratio 3 : 2. If 5% of the total profit goes to charity and A's share is Rs. 855, the total profit is :
  • A Rs. 1425
  • B Rs. 1500
  • C Rs. 1537.50
  • D Rs. 1576
Answer: Option B
Q28
A is a working and B, a sleeping partner in a business. A puts in Rs. 12000 and B Rs. 20000. A receives 10% of the profits for managing, the rest being divided in proportion to their capitals. Out of a total profit of Rs. 9600, the money received by A is :
  • A Rs. 3240
  • B Rs. 3600
  • C Rs. 4200
  • D Rs. 4500
Answer: Option C
Q29
A invested Rs. 76000 in a business. After few months B joined him with Rs. 57000. At the end of the year. the total profit was divided between them in the ratio 2 : 1. After how many months did B join ?
  • A 3
  • B 4
  • C 5
  • D 7
Answer: Option B
Q30
A, B, C started a business with their investments in the ratio 1 :3 : 5. After 4 months, A invested the same amount as before and B as well as C withdrew half of their investments. The Ratio of their profits at the end of the year is :
  • A 5 : 6 : 10
  • B 6 : 5 : 10
  • C 10 : 5 : 6
  • D 4 : 3 : 5
Answer: Option A
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