Partnership Questions and Answers

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Q41
Three partners shared the profit in a business in the ratio 5 : 7 : 8. They had partnered for 14 months, 8 months and 7 months respectively. What was the ratio of their investments?
  • A 5 : 7 : 8
  • B 20 : 49 : 64
  • C 38 : 28 : 21
  • D None of these
Answer: Option B
Q42
A starts business with Rs. 3500 and after 5 months, B joins with A as his partner. After a year, the profit is divided in the ratio 2 : 3. What is B's contribution in the capital?
  • A Rs. 7500
  • B Rs. 8000
  • C Rs. 8500
  • D Rs. 9000
Answer: Option D
Q43
A and B entered into partnership with capitals in the ratio 4 : 5. After 3 months, A withdrew of his capital and B withdrew of his capital. The gain at the end of 10 months was Rs. 760. A's share in this profit is:
  • A Rs. 330
  • B Rs. 360
  • C Rs. 380
  • D Rs. 430
Answer: Option A
Q44
Two friends P and Q started a business investing in the ratio of 5 : 6. R joined them after six months investing an amount equal to that of Q's. At the end of the year, 20% profit was earned which was equal to Rs. 98,000. What was the amount earned by R?
  • A Rs. 1,05,000
  • B Rs. 1,75,000
  • C Rs. 2,10,000
  • D Data inadequate
Answer: Option C
Q45
A and B started a partnership business investing some amount in the ratio of 3 : 5. C joined then after six months with an amount equal to that of B. In what proportion should the profit at the end of one year be distributed among A, B and C?
  • A 3 : 5 : 2
  • B 3 : 5 : 5
  • C 6 : 10 : 5
  • D Data inadequate
Answer: Option C
Q46
A, B, C rent a pasture. A puts 10 oxen for 7 months, B puts 12 oxen for 5 months and C puts 15 oxen for 3 months for grazing. If the rent of the pasture is Rs. 175, how much must C pay as his share of rent?
  • A Rs. 45
  • B Rs. 50
  • C Rs. 55
  • D Rs. 60
Answer: Option A
Q47
A and B started a business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, C joined them with Rs. 20,000. What will be B's share in total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business?
  • A Rs. 7500
  • B Rs. 9000
  • C Rs. 9500
  • D Rs. 10,000
Answer: Option A
Q48
A began a business with Rs. 85,000. He was joined afterwards by B with Rs. 42,500. For how much period does B join, if the profits at the end of the year are divided in the ratio of 3 : 1?
  • A 4 months
  • B 5 months
  • C 6 months
  • D 8 months
Answer: Option D
Q49
Aman started a business investing Rs. 70,000. Rakhi joined him after six months with an amount of Rs.. 1,05,000 and Sagar joined them with Rs. 1.4 lakhs after another six months. The amount of profit earned should be distributed in what ratio among Aman, Rakhi and Sagar respectively, 3 years after Aman started the business?
  • A 7 : 6 : 10
  • B 12 : 15 : 16
  • C 42 : 45 : 56
  • D Cannot be determined
Answer: Option B
Q50
Arun, Kamal and Vinay invested Rs. 8000, Rs. 4000 and Rs. 8000 respectively in a business. Arun left after six months. If after eight months, there was a gain of Rs. 4005, then what will be the share of Kamal?
  • A Rs. 890
  • B Rs. 1335
  • C Rs. 1602
  • D Rs. 1780
Answer: Option A
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