Partnership Practice Question and Answer

Q:

The ratio between the monthly income of A, B and C is 2 : 3 : 5. If C's monthly income is Rs. 1500 more than the A's monthly income, then find the B's annual income.

1148 0

  • 1
    Rs. 36000
    Correct
    Wrong
  • 2
    Rs. 30000
    Correct
    Wrong
  • 3
    Rs. 18000
    Correct
    Wrong
  • 4
    Rs. 24000
    Correct
    Wrong
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Answer : 3. "Rs. 18000"

Q:

A started the business with the investment of Rs. 36000. B and C joined him with some investments after 3 and 6 months. The profit is divided in the ratio of 2 ∶ 3 ∶ 5 at the end of the year. Find the difference between the investment made by B and C in the business.

1130 0

  • 1
    Rs. 72000
    Correct
    Wrong
  • 2
    Rs. 90000
    Correct
    Wrong
  • 3
    Rs. 81000
    Correct
    Wrong
  • 4
    Rs. 120000
    Correct
    Wrong
  • 5
    Rs. 108000
    Correct
    Wrong
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Answer : 5. "Rs. 108000"

Q:

A, B and Center into a partnership with capitals in the ratio 5: 6: 8. At the end of the business term, they received the profit in the ratio 5: 3: 12. Find the ratio of time for which they contributed their capitals? 

1119 0

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

Q:

Rs. 278 is divided among Ram, Shyam and Ghanshayam so that Rs. 20 more than $${1\over3}$$ of Ram’s share, Rs.10 more than $${3\over 2}$$ of Shayam’s share, Rs.10 more than Ghanshayam’s share are equal. What is the Shyam’s share?

1094 0

  • 1
    66
    Correct
    Wrong
  • 2
    44
    Correct
    Wrong
  • 3
    55
    Correct
    Wrong
  • 4
    cannot determined
    Correct
    Wrong
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Answer : 4. "cannot determined "

Q:

A started a business by investing Rs. 50,000. After 6 months B joined him by investing Rs. 75,000. After another 6 months C joined with Rs. 1,25,000. What is the ratio of profit shared after 2 years among A, B and C?

1058 0

  • 1
    4 : 5 : 6
    Correct
    Wrong
  • 2
    8 : 9 : 10
    Correct
    Wrong
  • 3
    8 : 9 : 12
    Correct
    Wrong
  • 4
    4 : 5 : 8
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "8 : 9 : 10 "

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.

1058 0

  • 1
    Rs 40000, Rs 104000, Rs 52500
    Correct
    Wrong
  • 2
    Rs 104000, Rs 52500, Rs 40000
    Correct
    Wrong
  • 3
    Rs 52500, Rs 40000, Rs 104000
    Correct
    Wrong
  • 4
    Rs 78420, Rs. 48645, Rs. 48770
    Correct
    Wrong
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Answer : 2. "Rs 104000, Rs 52500, Rs 40000"

Q:

Reshmi and Rahul invested Rs. 6000 and Rs. 8000 in a business for 6 months and 8 months respectively. Rahul being an working partner earned 23/4% profit out of a total profit of Rs. 36000 and after this the rest of the profit was divided according to their investments. What is Rahul's profit amount?

1051 0

  • 1
    24780.30
    Correct
    Wrong
  • 2
    23785.20
    Correct
    Wrong
  • 3
    23885.20
    Correct
    Wrong
  • 4
    27785.20
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "23785.20"

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. 

1041 0

  • 1
    ₹ 3,793.50
    Correct
    Wrong
  • 2
    ₹ 3,937.50
    Correct
    Wrong
  • 3
    ₹ 3,379.50
    Correct
    Wrong
  • 4
    ₹ 3,973.50
    Correct
    Wrong
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Answer : 2. "₹ 3,937.50"

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