Partnership Practice Question and Answer
8 Q:Answer the following questions
Nirmal started a business by investing Rs.48000. After 7 months, Vidya joined him with a capital of Rs.56000. At the end of the year of the total profit was Rs.5885. What is the Vidya’s share of the profit?
1758 063be4b3a74eba5069d4f9cac
63be4b3a74eba5069d4f9cac- 1Rs.3625false
- 2Rs.1650false
- 3Rs.1925true
- 4Rs.3960false
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Answer : 3. "Rs.1925"
Q: Mohan invested Rs. 100,000 in a garment business. After few months, Sohan joined him with Rs. 40000. At the end of the year, the total profit was divided between them in ratio 3:1. After how many months did Sohan join the business?
1757 060701d5f556643278a8198fb
60701d5f556643278a8198fb- 13false
- 22true
- 34false
- 45false
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Answer : 2. "2"
Q: Sheela’s salary is 60% of Reeta’s salary and 80% of Anshu’s salary. If Reeta’s salary is Rs. 16000, what is the difference between the salary of Sheela and Anshu?
1745 05eb010438d1f47273b1d3c46
5eb010438d1f47273b1d3c46- 1Rs. 2000false
- 2Rs. 2600false
- 3Rs. 2400true
- 4Rs. 2800false
- 5Rs. 2000false
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Answer : 3. "Rs. 2400 "
Q: Monu and Kitu entered into a partnership for a year in which Monu invested Rs 120000 and Kitu invested Rs 70000. After 4 months, Monu invested Rs 80000 more whereas after 5 months, Kitu 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 Monu, Kitu and Sweety.
1717 062ff93aca6d1894ab156f4f1
62ff93aca6d1894ab156f4f1- 1Rs 40000, Rs 104000, Rs 52500false
- 2Rs 104000, Rs 52500, Rs 40000true
- 3Rs 52500, Rs 40000, Rs 104000false
- 4Rs 78420, Rs. 48645, Rs. 48770false
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Answer : 2. "Rs 104000, Rs 52500, Rs 40000"
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?
1707 064f8435fa910aab8f9ffc45c
64f8435fa910aab8f9ffc45c- 12:3false
- 23:2true
- 35:3false
- 41:2false
- 52:5false
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Answer : 2. "3:2"
Q: Neena and Meena started a business with investment of Rs. 30,000 and Rs. 45, 000 Respectively. What will be the share of Meena from the profit of Rs.1,50,000 after 2 years?
1665 060f934c216158a5eedaedcdb
60f934c216158a5eedaedcdb- 1Rs. 30,000false
- 2Rs. 45,000false
- 3Rs. 75,000false
- 4None of thesetrue
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Answer : 4. "None of these"
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 ₹).
1648 064b5060c568e7ff594af8393
64b5060c568e7ff594af8393- 12,52,000 and 1,56,800true
- 22,50,000 and 1,58,800false
- 32,48,000 and 1,60,800false
- 42,49,500 and 1,59,300false
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Answer : 1. "2,52,000 and 1,56,800"
Q: A business Rs. 3500 Starts from, after 5 months B becomes his partner, after one year the profit between the two is divided in the ratio of 2: 3, then find the capital investment of B.
1637 06037404ccd43d04a8f4a8195
6037404ccd43d04a8f4a8195- 18000false
- 28500false
- 39000true
- 47500false
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