PARTNERSHIP
1. A, B and C jointly start a business venture with a agreement that A would invest Rs. 13,000 for 6 months, B, Rs. 16,800 for 5 months and C, Rs. 20,000 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. 14800 Calculate the share of B in the profit?
A)Rs 6000 B)Rs 5320 C)Rs 7800 D)Rs 5840 E)None of these
2.Anuj, kamlesh and Vinni invested Rs. 16000, Rs. 8000 and Rs. 16000 respectively to open a business. Anuj left after 6 months. If after 8 months, there was a gain of Rs. 8010, then What will be the share of kamalesh?
A)1780 B)1635 C)1680 D)1800 E)None of these
3.A and B start a business with investments of Rs. 10000 and Rs. 9000 respectively. After 4 months, A takes out 1/2 of his capital. After 2 more months, B takes out 1/3 of his capital while C joins them with a capital of Rs. 14000. At the end of a year, they earn a profit of Rs. 10160. Find the share of each member in the profit?
A) Rs A – Rs. 3300, B – Rs. 3500, C – Rs. 3360
B)Rs A – Rs. 3200, B – Rs. 3600, C – Rs. 3360
C)Rs A – Rs. 3200, B – Rs. 3700, C – Rs. 3260
D)Rs A – Rs. 3200, B – Rs. 3500, C – Rs. 3460
E)None of these
4. Anaya, Bela and Cendrella enter into a partnership Bussiness with Anaya’s contribution Rs. 20,000. If out of a total profit of Rs. 2000, Anaya gets Rs.100 and Bela gets Rs. 600, cendrella gets rs 400 then Cendrella’s capital is:
A)Rs 8000 B)Rs 8500 C)Rs 7000 D)Rs 6500 E)None of these
5.Riya and sima invested in a partnership business. Riya invests Rs. 70,000 for 8months and sima invests Rs. 84,000 for 10 months. Out of a profit of Rs. 63140, Riya’s share is:
A)Rs 25000 B)Rs 25256 C)Rs 24500 D)Rs 25270 E)None of these
6.A starts business with Rs. 7000 and after 5 months, B joins with A as his partner. After 1 year, the profit is divided in the ratio 2 : 3. What is B’s contribution in the capital?
A)Rs 13000 B)Rs 12000 C)Rs 15000 D)Rs 18000 E)None of these
7. shikha started a business investing Rs. 50,000 in 1999, In 2000, she invested an additional amount of Rs. 20,000 and Raju joined him with an amount of Rs. 70,000. In 2001, Shikha invested another additional amount of Rs. 20,000 and Jolly joined them with an amount of Rs. 70,000. What will be Raju’s share in the profit of Rs. 300,000 earned at the end of 3 years from the start of the business in 1999?
A)Rs Rs. 250,000. B)Rs Rs. 120,000. C)Rs Rs. 100,000. D)Rs Rs. 150,000 E)None of these
8. A, B and C started a business. They invest Rs. 80,000, Rs. 160,000 and Rs. 2,40,000 respectively. At the end of the first year, B withdraws Rs. 80,000, while at the end of the second year, C withdraws Rs. 160,000. In what ratio will the profit be shared at the end of 3 years?
A)2:3:4 B)3:4:7 C)3:2:5 D)3:1:4 E)None of these
9. 3 partners P, Q, R start a business. Twice P’s capital is equal to thrice Q’s capital and Q’s capital is four times R’s capital. Out of a total profit of Rs. 16,500 at the end of the year, Q’ share is:
A)2000 B)4000 C)5000 D)6000 E)None of these
10. A and B start a business Rs.75000 and RS.12000. In what ratio of profit earned after 2 years be divided between A and B ?
A)20:11 B)24:18 C)12:23 D)25:4 E)None of these
Answer Keys:
1. B
2. A
3. B
4. A
5. B
6. D
7. C
8. D
9. D
10. D
A)Rs 6000 B)Rs 5320 C)Rs 7800 D)Rs 5840 E)None of these
2.Anuj, kamlesh and Vinni invested Rs. 16000, Rs. 8000 and Rs. 16000 respectively to open a business. Anuj left after 6 months. If after 8 months, there was a gain of Rs. 8010, then What will be the share of kamalesh?
A)1780 B)1635 C)1680 D)1800 E)None of these
3.A and B start a business with investments of Rs. 10000 and Rs. 9000 respectively. After 4 months, A takes out 1/2 of his capital. After 2 more months, B takes out 1/3 of his capital while C joins them with a capital of Rs. 14000. At the end of a year, they earn a profit of Rs. 10160. Find the share of each member in the profit?
A) Rs A – Rs. 3300, B – Rs. 3500, C – Rs. 3360
B)Rs A – Rs. 3200, B – Rs. 3600, C – Rs. 3360
C)Rs A – Rs. 3200, B – Rs. 3700, C – Rs. 3260
D)Rs A – Rs. 3200, B – Rs. 3500, C – Rs. 3460
E)None of these
4. Anaya, Bela and Cendrella enter into a partnership Bussiness with Anaya’s contribution Rs. 20,000. If out of a total profit of Rs. 2000, Anaya gets Rs.100 and Bela gets Rs. 600, cendrella gets rs 400 then Cendrella’s capital is:
A)Rs 8000 B)Rs 8500 C)Rs 7000 D)Rs 6500 E)None of these
5.Riya and sima invested in a partnership business. Riya invests Rs. 70,000 for 8months and sima invests Rs. 84,000 for 10 months. Out of a profit of Rs. 63140, Riya’s share is:
A)Rs 25000 B)Rs 25256 C)Rs 24500 D)Rs 25270 E)None of these
6.A starts business with Rs. 7000 and after 5 months, B joins with A as his partner. After 1 year, the profit is divided in the ratio 2 : 3. What is B’s contribution in the capital?
A)Rs 13000 B)Rs 12000 C)Rs 15000 D)Rs 18000 E)None of these
7. shikha started a business investing Rs. 50,000 in 1999, In 2000, she invested an additional amount of Rs. 20,000 and Raju joined him with an amount of Rs. 70,000. In 2001, Shikha invested another additional amount of Rs. 20,000 and Jolly joined them with an amount of Rs. 70,000. What will be Raju’s share in the profit of Rs. 300,000 earned at the end of 3 years from the start of the business in 1999?
A)Rs Rs. 250,000. B)Rs Rs. 120,000. C)Rs Rs. 100,000. D)Rs Rs. 150,000 E)None of these
8. A, B and C started a business. They invest Rs. 80,000, Rs. 160,000 and Rs. 2,40,000 respectively. At the end of the first year, B withdraws Rs. 80,000, while at the end of the second year, C withdraws Rs. 160,000. In what ratio will the profit be shared at the end of 3 years?
A)2:3:4 B)3:4:7 C)3:2:5 D)3:1:4 E)None of these
9. 3 partners P, Q, R start a business. Twice P’s capital is equal to thrice Q’s capital and Q’s capital is four times R’s capital. Out of a total profit of Rs. 16,500 at the end of the year, Q’ share is:
A)2000 B)4000 C)5000 D)6000 E)None of these
10. A and B start a business Rs.75000 and RS.12000. In what ratio of profit earned after 2 years be divided between A and B ?
A)20:11 B)24:18 C)12:23 D)25:4 E)None of these
Answer Keys:
1. B
2. A
3. B
4. A
5. B
6. D
7. C
8. D
9. D
10. D
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