Partnership Practice Question and Answer

Q:

A and B start a common business by placing their capital in the ratio of 5: 6. After 8 months A withdraws his capital. They received dividends in the ratio of 5: 9. For how long did B invest his capital?

1512 0

  • 1
    6 months
    Correct
    Wrong
  • 2
    8 months
    Correct
    Wrong
  • 3
    10 months
    Correct
    Wrong
  • 4
    12 months
    Correct
    Wrong
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Answer : 4. "12 months"

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? 

1511 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:

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.

1497 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 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?

1495 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:

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?

1491 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:

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.

1484 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:

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. 

1467 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"

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?

1466 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"

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