Partnership Question Answer

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11. A and B started a partnership business investing some amount in the ratio of 3 : 5. C joined them after six months with an amount equal to that of B. In what proportion should the profit at the end of one year be distributed amount A, B and C

(A) 3:7:5

(B) 6:10:5

(C) 6:10:7

(D) 6:7:5

Ans. (B) 6:10:5

 

12. Sumit and Ravi started a business by investing Rs 85000 and 15000 respectively. In what ratio the profit earned after 2 years be divided between Sumit and Ravi respectively.

(A) 17:1

(B) 17:2

(C) 17:3

(D) 17:4

Ans. (C) 17:3

 

13. Nirmal and Kapil started a business investing Rs. 9000 and Rs. 12000 respectively. After 6 months, Kapil withdrew half of his investment. If after a year, the total profit was Rs. 4600, what was Kapil’s share initially?

(A) Rs 2300

(B) Rs 2400

(C) Rs 2500

(D) None of above

Ans. (A) Rs 2300

 

14. Arun, Kamal and Vinay invested Rs. 8000, Rs. 4000 and Rs. 8000 respectively in a business. Arun left after six months. If after eight months, there was a gain of Rs. 4005, then what will be the share of Kamal?

(A) Rs 870

(B) Rs 880

(C) Rs 890

(D) Rs 900

Ans. (C) Rs 890

 

15. In business, A and C invested amounts in the ratio 2:1, whereas the ratio between amounts invested by A and B was 3:2, If Rs 157300 was their profit, how much amount did B receive.

(A) Rs 48000

(B) Rs 47000

(C) Rs 47400

(D) Rs 48400

Ans. (D) Rs 48400

 

16. A,B and C enter into a partnership investing Rs 35000, Rs 45000 and 55000. Find their respective shares in annual profit of 40,500

(A) 10500, 13500, 19500

(B) 10500, 13500, 18500

(C) 10500, 13500, 17500

(D) 10500, 13500, 16500

Ans. (D) 10500, 13500, 16500

 

17. A started a business with Rs.21,000 and is joined afterwards by B with Rs.36,000. After how many months did B join if the profits at the end of the year are divided equally?

(A) 4

(B) 5

(C) 6

(D) 7

Ans. (B) 5

 

18. Three partners A,B and C shared the profit in a software business in the ratio 5:7:8. They had partnered for 14 months, 8 months and 7 months respectively. Find the ratio of their investments?

(A) 19:49:64

(B) 20:49:64

(C) 20:49:65

(D) 20:50:64

Ans. (B) 20:49:64

 

19. A and B entered into a partnership investing Rs. 16000 and Rs. 12000 respectively. After 3 months, A withdrew Rs. 5000 while B invested Rs. 5000 more. After 3 more months C joins the business with a capital of Rs. 21000. The share of B exceeds that of C, out of a total profit of Rs. 26400 after one year by

(A) Rs. 3200

(B) Rs. 3400

(C) Rs. 3600

(D) Rs. 3800

Ans. (C) Rs. 3600

 

20.Hriram and Vividha started a business investing amount of Rs. 1,75,000 and Rs. 2,25,000 respectively. If Vividha’s share in the profit earned by them is Rs. 9,000, then what is the total profit earned by them together?

(A) Rs. 17,400
(B) Rs. 16,000
(C) Rs. 16,800
(D) Rs. 17,800

Ans: (B) Rs. 16,000

 

 


 

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