Partnership Questions and Answers
Practice ModeShowing 10 of 51 questions
Q31
A, B and C contract a work for Rs. 1100. A and B together are to do 7/11 of the work. C's share is :
Answer: Option B
Q32
A and B start a business with initial investments in the ratio 12 : 7 and their annual profits were in the ratio 4 : 3. If A invested his money for :
Answer: Option B
Q33
A and B entered into partership with capitals in the ratio 4 : 5 After 3 months A withdrew 1/4 of his capital and B withdrew 1/5 of his capital The gain at the end of 10 months was Rs. 760. A's share in this profit is :
Answer: Option A
Q34
A, B, C hired a car for Rs. 520 and used it for 7, 8 and 11 hours respectively. Hire charges paid B were :
Answer: Option B
Q35
A, B and C enter into a partnership with a capital in which A's contribution is Rs. 10000. If out of a total profit of Rs. 1000, A gets Rs. 500 and B gets Rs. 300, then C's capital is :
Answer: Option A
Q36
A, B, C invites Rs. 20000, Rs. 30000, Rs. 40000 in a business . After one year, A removed hs money but B and C contnued for one more year. If the net profit after 2 years be Rs. 32000, then A's share in the profit is :
Answer: Option A
Q37
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
Q38
A, B and C jointly thought of engaging themselves in a business venture. It was agreed that A would invest Rs. 6500 for 6 months, B, Rs. 8400 for 5 months and C, Rs. 10,000 for 3 months. A wants to be the working member for which, he was to receive 5% of the profits. The profit earned was Rs. 7400. Calculate the share of B in the profit.
Answer: Option B
Q39
A, B and C enter into a partnership in the ratio : : . After 4 months, A increases his share 50%. If the total profit at the end of one year be Rs. 21,600, then B's share in the profit is:
Answer: Option D
Q40
A, B, C subscribe Rs. 50,000 for a business. A subscribes Rs. 4000 more than B and B Rs. 5000 more than C. Out of a total profit of Rs. 35,000, A receives:
Answer: Option D