Partnership Practice Question and Answer

Q:

A and B enter into a partnership with capital in the ratio 5: 6. After 4 months, A withdraws $$1\over 5$$of his capital, while B increases his capital by $$33{1\over 3}\%$$. What is the share (in ₹ lakhs) of B in the annual profit of ₹6.3 lakhs?

221 0

  • 1
    2.34
    Correct
    Wrong
  • 2
    3.96
    Correct
    Wrong
  • 3
    2.61
    Correct
    Wrong
  • 4
    3.69
    Correct
    Wrong
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Answer : 2. "3.96"

Q:

A, B and C started a business. Twice the investment of A is equal to thrice the investment of B and also five times the investment of C. If the total profit after a year is 15.5 lakhs, then the share of B in the profit is (in lakhs):

272 0

  • 1
    7.5
    Correct
    Wrong
  • 2
    3
    Correct
    Wrong
  • 3
    4.5
    Correct
    Wrong
  • 4
    5
    Correct
    Wrong
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Answer : 4. "5"

Q:

X and Y enter into a partnership with capital in the ratio 3: 5. After 5 months X adds 50% of his capital, while Y withdraws 60% of his capital. What is the share (in lakhs) of X in the annual profit of 6.84 lakhs?

301 0

  • 1
    3.72
    Correct
    Wrong
  • 2
    3.6
    Correct
    Wrong
  • 3
    4.2
    Correct
    Wrong
  • 4
    3.12
    Correct
    Wrong
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Answer : 1. "3.72"

Q:

A starts a business with ₹75,000 and B joins the business 5 months later with an investment of ₹80,000. After 1 year, they earn a profit of ₹4,08,800. Find the share of A and B (in ₹).

528 0

  • 1
    2,52,000 and 1,56,800
    Correct
    Wrong
  • 2
    2,50,000 and 1,58,800
    Correct
    Wrong
  • 3
    2,48,000 and 1,60,800
    Correct
    Wrong
  • 4
    2,49,500 and 1,59,300
    Correct
    Wrong
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Answer : 1. "2,52,000 and 1,56,800"

Q:

Suresh, Dinesh and Ramesh became partners in a business by investing money in the ratio of 3 : 6 : 8. If their investments is increased by 5%, 15% and 20%, respectively, then what will be the ratio of their profits for one year? 

870 0

  • 1
    7∶46∶64
    Correct
    Wrong
  • 2
    19∶46∶64
    Correct
    Wrong
  • 3
    21∶46∶64
    Correct
    Wrong
  • 4
    35∶46∶64
    Correct
    Wrong
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Answer : 3. "21∶46∶64"

Q:

Three partners started business by investing Rs.60,000, Rs.80,000 and Rs.1,20,000 respectively. First partner left the business after 4 months, second after 9 months and third rem ained in the business for the whole year. At the end of year the total profit earned is Rs. 1,60,480, then find their shares of profit.

498 0

  • 1
    ₹16840, ₹44188, ₹92686
    Correct
    Wrong
  • 2
    ₹16048, ₹48144, ₹96288
    Correct
    Wrong
  • 3
    ₹16042, ₹14842, ₹9862
    Correct
    Wrong
  • 4
    ₹15000, ₹13423, ₹7562
    Correct
    Wrong
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Answer : 2. "₹16048, ₹48144, ₹96288"

Q:

Three partner A, B and C started a business by investing Rs. 48000 each. after 6 months, A left the business after 10 months B left the business and after 12 months C left the business. If total earned profit is Rs. 5250, then find the share of A, B and C?

399 0

  • 1
    ₹ 1125, ₹1825, ₹2250
    Correct
    Wrong
  • 2
    ₹1125, ₹1800, ₹2200
    Correct
    Wrong
  • 3
    ₹1125, ₹1875, ₹2250
    Correct
    Wrong
  • 4
    ₹1175, ₹1256, ₹2350
    Correct
    Wrong
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Answer : 3. "₹1125, ₹1875, ₹2250 "

Q:

A starts a business with ₹45,000. After 6 months Benters in his business with ₹80,000. After one year Cinvests ₹1,20,000. In what ratio the profit will be divided among A, B and C after two years?

331 0

  • 1
    9: 16: 24
    Correct
    Wrong
  • 2
    3: 4: 4
    Correct
    Wrong
  • 3
    3: 4: 8
    Correct
    Wrong
  • 4
    3: 3: 8
    Correct
    Wrong
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Answer : 2. "3: 4: 4 "

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