PARTNERSHIP
1. X , Y and Z hire a Auto Rs.250 and used it for 4,3 and 2 hours respectively. Hir charge paid by Z is
A)55 B)55.50 C)55.55 D)55.25 E)None of these
2. In a business P and R invested amounts in the ratio 2 : 3 whereas the ratio between amount invested by P and Q was 4:2. If 2,20,500 was their profit.How much amount did R receive ?
A)1,10,250 B)1,10,000 C)1,10,200 D)1,10,150 E)None of these
3. A , B and C subscribe Rs. 70,000 for a business .B subscribe Rs.5000 more than A and C subscribe Rs.6000 more than B. Out of total profit of Rs. 40,000 , A receive (approximately)
A)10,285 B)10,286 C)10,284 D)10,268 E)None of these
4. Kiran and Yokesh partners in a business . Kiran contributes ¼ of the capital for 15 months and Yokesh received 2/3 of the profit.Then how long Yokesh invest the money in the business ?
A)8 months B)9 monts C)10 months D)1 year E)None of these
5. A ,B and C started a business with an invested amount 66,000, 72,000 and 90,000.At the end of 1 year the profit is distributed among them.If B receive profit as 22,000 then what will be the total profit ?
A)69,600 B)69,666.66 C)69,666 D)69,500.66 E)None of these
6. P and Q invested Rs.16000 and Rs. 12,000 in the business, At the end of 6 months R joins them with an amount Rs.20,000.In what ratio annual profit is divided among them ?
A)8:6:5 B)5:6:8 C)6:5:8 D)5:8:6 E)None of these
7. Three partners shared a profit in the ratio 5:7:8.They had partnered for 10 months,8 months and 7 months. What was the ratio of their investments ?
A)28:46:60 B)28:49:64 C)24:45:63 D)25:40:64 E)None of these
8. Raju,Vikram and Rihan are invested some amount into the business.Vikram invested double the amount after 6 mionths and Rihan invested thrice the amount invested by Raju after 8 months.What is Rihan’s share in profit if they earn a profit of Rs.60000 at the end of 1 year ?
A)23,000 B)22,000 C)21,000 D)20,000 E)None of these
9. Karolin and Swaetha are partners in a business. Karolin invests Rs.35,000 for 6months and Swaetha invests Rs.40,000 for 8 months. Out of a profit of Rs.28,750, Karolin’s share is
A)Rs.11,300 B)Rs.11,392 C)Rs.12,765 D)Rs.10,450 E)None of these
10. Mohan and Suresh entered into a partnership investing Rs.10000 and Rs.8000 rep. After 3 months Udhay joined them with an investment of Rs.12000. What is the share of Suresh in a half yearly profit of Rs.7200 ?
A) Rs.4000 B) Rs.3200 C) Rs.2000 D) Rs.2400 E) None of these
Answer Keys:
1. C
2. A
3. B
4. C
5. B
6. A
7. B
8. D
9. B
10. D
A)55 B)55.50 C)55.55 D)55.25 E)None of these
2. In a business P and R invested amounts in the ratio 2 : 3 whereas the ratio between amount invested by P and Q was 4:2. If 2,20,500 was their profit.How much amount did R receive ?
A)1,10,250 B)1,10,000 C)1,10,200 D)1,10,150 E)None of these
3. A , B and C subscribe Rs. 70,000 for a business .B subscribe Rs.5000 more than A and C subscribe Rs.6000 more than B. Out of total profit of Rs. 40,000 , A receive (approximately)
A)10,285 B)10,286 C)10,284 D)10,268 E)None of these
4. Kiran and Yokesh partners in a business . Kiran contributes ¼ of the capital for 15 months and Yokesh received 2/3 of the profit.Then how long Yokesh invest the money in the business ?
A)8 months B)9 monts C)10 months D)1 year E)None of these
5. A ,B and C started a business with an invested amount 66,000, 72,000 and 90,000.At the end of 1 year the profit is distributed among them.If B receive profit as 22,000 then what will be the total profit ?
A)69,600 B)69,666.66 C)69,666 D)69,500.66 E)None of these
6. P and Q invested Rs.16000 and Rs. 12,000 in the business, At the end of 6 months R joins them with an amount Rs.20,000.In what ratio annual profit is divided among them ?
A)8:6:5 B)5:6:8 C)6:5:8 D)5:8:6 E)None of these
7. Three partners shared a profit in the ratio 5:7:8.They had partnered for 10 months,8 months and 7 months. What was the ratio of their investments ?
A)28:46:60 B)28:49:64 C)24:45:63 D)25:40:64 E)None of these
8. Raju,Vikram and Rihan are invested some amount into the business.Vikram invested double the amount after 6 mionths and Rihan invested thrice the amount invested by Raju after 8 months.What is Rihan’s share in profit if they earn a profit of Rs.60000 at the end of 1 year ?
A)23,000 B)22,000 C)21,000 D)20,000 E)None of these
9. Karolin and Swaetha are partners in a business. Karolin invests Rs.35,000 for 6months and Swaetha invests Rs.40,000 for 8 months. Out of a profit of Rs.28,750, Karolin’s share is
A)Rs.11,300 B)Rs.11,392 C)Rs.12,765 D)Rs.10,450 E)None of these
10. Mohan and Suresh entered into a partnership investing Rs.10000 and Rs.8000 rep. After 3 months Udhay joined them with an investment of Rs.12000. What is the share of Suresh in a half yearly profit of Rs.7200 ?
A) Rs.4000 B) Rs.3200 C) Rs.2000 D) Rs.2400 E) None of these
Answer Keys:
1. C
2. A
3. B
4. C
5. B
6. A
7. B
8. D
9. B
10. D
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