Monday 2 February 2015

Partnership Questions With Explanation

1. X and Y invest Rs.21000 and Rs.17500 respectively in a business. At the end of the year, they make a profit of Rs.26400. What is the share of X in the profit?

A. Rs.14400
B. Rs.26400
C. Rs.12000
D. Rs.12500


2. A starts a business with Rs.40,000. After 2 months, B joined him with Rs.60,000. C joined them after some more time with Rs.1,20,000. At the end of the year, out of a total profit of Rs.3,75,000, C gets Rs.1,50,000 as his share. How many months after B joined the business, did C join?

A. 4 months
B. 5 months
C. 6 months
D. 7 months

3. A and B invest in a business in the ratio 3: 2. Assume that 5% of the total profit goes to charity. If A's share is Rs. 855, what is the total profit?

A. 1400
B. 1500
C. 1600
D. 1200

4. A, B and C jointly thought of engaging themselves in a business venture. It was agreed that A would invest Rs. 6500 for 6 months, B, Rs. 8400 for 5 months and C, Rs. 10,000 for 3 months. A wants to be the working member for which, he was to receive 5% of the profits. The profit earned was Rs. 7400. What is the share of B in the profit.

A. 2660
B. 1000
C. 2300
D. 4000

5. A and B entered into partnership with capitals in the ratio 4 : 5. After 3 months, A withdrew ¼ of his capital and B withdrew 1/5 of his capital. At the end of 10 months, the gain was Rs. 760. What is A's share in the profit?

A. 310
B. 330
C. 370
D. 350

6. A , B , C started a partnership business by investing Rs 27000 , 72000 , 81000 respectively. At the end of the year , the profit were distributed among them. If C's share of profit is 36000, What is the total profit?

A. 80000
B. 90000
C. 70000
D. 120000

7. A , B , C start a business each investing Rs 20,000 . After 5 month A withdraws Rs 5000, B withdraws Rs 4000 & C invests Rs 6000 more . At the end of the year, a total profit of Rs 69900 was recorded . Find the share of A

A. 20600
B. 20700
C. 20500
D. 20400

8. A invested Rs 76000 in a business. After few months, B joined him with Rs 57000. The total profit was divided between them in the ratio 2 : 1 at the end of the year. After how many months did B join?

A. 2
B. 3
C. 4
D. 5

9. P , Q and R started a business by investing Rs 120000 , Rs 135000 & Rs 150000 respectively. Find the share of each, out of the annual profit of Rs 56700

A. 16800 , 18900 , 21000
B. 17850 , 18900 , 21000
C. 16800 , 18900 , 22000
D. 17850, 18500 , 22000

10. P, Q, R enter into a partnership. P initially invests 25 lakh & adds another 10 lakhs after one year. Q initially invests 35 lakh & withdrawal 10 lakh after 2 years and R invests Rs 30 Lakhs . In what ratio should the profit be divided at the end of 3 years?

A. 18:19:19
B. 18:18:19
C. 19:19:18
D. 18:19:19



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