Partnership Practice Question and Answer
8 Q: Two partners invest 1,25,000 and 85,000 respectively in business and agree that 60 % of the profit should be divided equally between them and the remaining profit is it be treated as interest on capital. If one partner gets 300 more than the other, find the total profit made in the business.
962 0600a8ac77cf1e8512ed331d9
600a8ac77cf1e8512ed331d9- 1₹ 3,793.50false
- 2₹ 3,937.50true
- 3₹ 3,379.50false
- 4₹ 3,973.50false
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Answer : 2. "₹ 3,937.50"
Q: By mistake instead of dividing Rs.117 among A,B and C in the ration . it was divided in the ratio of 2:3:4. Who gains the most and by how much?
1309 05d7f22b650132761b5ef8e2f
5d7f22b650132761b5ef8e2f- 1A, 28false
- 2B, 3false
- 3C, 20false
- 4C, 25true
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Answer : 4. "C, 25"
Q: A, B, and C started a business. A invest 3,20,000 for 4 months and B invest 5.10,000 for 3 months and C invest 2,70,000 for 5 months. If the end of the year they get total profit of Rs. 1,24,800. Then find the share of B?
1517 15ec7d0c449a485665157567a
5ec7d0c449a485665157567a- 145,900true
- 250,000false
- 349,200false
- 479,000false
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Answer : 1. "45,900"
Q: Simran started a software business by investing Rs. 50,000. After six months, Nanda joined her with a capital of Rs. 80,000. After 3 years, they earned a profit of Rs. 24,500. What was Simran's share in the profit ? 3460 05b5cc731e4d2b4197774f7f1
5b5cc731e4d2b4197774f7f1- 112,421false
- 29,423false
- 311,600false
- 410,500true
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Answer : 4. "10,500"
Explanation :
Answer: D) 10,500 Explanation: The ratio of their investments:50000x36 : 80000x30 = 3 : 4Simran's share of profit = (24500x3/7) = Rs.10,500.
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Answer : 3. "C"
Q: A and B enter into partnership in vesting ₹ 48,000 and ₹ 60,000 respectively. After 3 months, A withdraws ₹ 8,000 while B invests 6,000 after 6 months of starting of business. Out of the total amount of profit, if A gets ₹ 12, 000 as his share at the end of the year total profit is:
1600 05dcbd0a5e9d33d6509bed21a
5dcbd0a5e9d33d6509bed21a- 1₹ 24,000false
- 2₹ 30,000true
- 3₹ 36,000false
- 4₹ 37,000false
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Answer : 2. "₹ 30,000 "
Q: Sonu and Titu entered into a partnership for a year in which Sonu invested Rs 120000 and Titu invested Rs 70000. After 4 months, Sonu invested Rs 80000 more whereas after 5 months, Titu invested Rs 30000 more. When two months were left Sweety also joined investing Rs 400000 as her contribution. If the profit for the year was 12.5% of 1572000, find the share of Sonu, Titu and Sweety.
11070 05e78a599389ef1736dd807fc
5e78a599389ef1736dd807fc- 1Rs 40000, Rs 104000, Rs 52500false
- 2Rs 104000, Rs 52500, Rs 40000true
- 3Rs 52500, Rs 40000, Rs 104000false
- 4Rs 78420, Rs. 48645, Rs. 48770false
- 5None of thesefalse
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Answer : 2. "Rs 104000, Rs 52500, Rs 40000"
Q: A total of 57 sweets were distributed in 10 children in such a way that each girl got 6 sweets and each boy got 5 sweets. The number of boys is:
1384 05f1aa7b498004644da94ff7d
5f1aa7b498004644da94ff7d- 13true
- 26false
- 34false
- 45false
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