Partnership Questions and Answers
Practice ModeShowing 10 of 51 questions
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 :
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 ?
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 ?
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 :
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 :
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 :
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 :
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 :
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 ?
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 :
Answer: Option A