Partnership questions Practice Question and Answer

Q:

A, B and C together invests ₹53,000 in a business. A invests ₹5,000 more than B and B ₹invests 6,000 more than C. Out of a total profit of ₹31,800, find the share of A.

316 0

  • 1
    ₹12,800
    Correct
    Wrong
  • 2
    ₹12,500
    Correct
    Wrong
  • 3
    ₹13,500
    Correct
    Wrong
  • 4
    ₹13,800
    Correct
    Wrong
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Answer : 4. "₹13,800"

Q:

A started a business with a certain capital. After 3 months A left the business and B joins the business and remains in business. If the ratio of the profit at the end of the year is 5: 6 and the initial investment of A is Rs. 6000, then the investment of B is

258 0

  • 1
    Rs. 1800
    Correct
    Wrong
  • 2
    Rs. 2400
    Correct
    Wrong
  • 3
    Rs. 3600
    Correct
    Wrong
  • 4
    Rs. 4800
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "Rs. 2400"

Q:

P, Q and R share the profit in a business in the ratio of 1/4, 1/6 and 7/12. Due to some reason, R takes retirement. What will be the new profit sharing ratio for P and Q if they retain their old ratios in the new shares of profit?

305 0

  • 1
    2:3
    Correct
    Wrong
  • 2
    3:2
    Correct
    Wrong
  • 3
    5:3
    Correct
    Wrong
  • 4
    1:2
    Correct
    Wrong
  • 5
    2:5
    Correct
    Wrong
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Answer : 2. "3:2"

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