PARTNERSHIP
1. A,B and C jointly engaged in a business. It was agreed that A would invest Rs. 6500 for 6months, B Rs.8400 for 5 months and C Rs.10000 for 3months. A wants to be a working partner and he was to receive 5% of the profits. The profit earned was Rs.7400. Calculate share of C.A)Rs.1700 B)Rs.1900 C)Rs.2300 D)Rs.2000
2. A, B, C subscribe Rs. 60,000 for a business, A subscribes Rs.8000 more than B and B Rs. 5000 more thanC. Out of a total profit of Rs. 40,000, A receives :
A)Rs.20000 B)Rs.18000 C)Rs.16000 D)Rs.14000
A)Rs.20000 B)Rs.18000 C)Rs.16000 D)Rs.14000
3. A, B, C rent a pasture. A puts 20 oxen for 8 months, B puts 12 oxen for 6 months and C puts 16 oxen for 4 months for grazing. If the rent of the pasture is Rs. 278, how much must A pay as his share of rent?
A)Rs.25.11 B)Rs.50.21 C)Rs.60.11 D)None of these
A)Rs.25.11 B)Rs.50.21 C)Rs.60.11 D)None of these
4. 3 partners started a business. Twice the investment of A is equal to thrice the capital of B and capital of B is four times the capital of C. Find the share of B out of profit of Rs.309100.
A)Rs.102400 B)Rs.122400 C)Rs.112400 D)Rs.123400
A)Rs.102400 B)Rs.122400 C)Rs.112400 D)Rs.123400
5. A, B and C enter into a partnership in the ratio 5/2:4/3:7/5 . After 4 months, A increases his share 23%. If the total profit at the end of one year be Rs.31,800, then B’s share in the profit is:
A)Rs.7548.49 B)Rs.7548.96 C)Rs.7548.66 D)None of these
A)Rs.7548.49 B)Rs.7548.96 C)Rs.7548.66 D)None of these
6. A starts business with Rs.4000 and after 6 months B joins with A as his partner. After a year, the profit is divided in the ratio 2:7. What is B’s contribution in the capital?
A)Rs.5666.66 B)Rs.3662.66 C)Rs.4666.66 D)Rs.1266.66
A)Rs.5666.66 B)Rs.3662.66 C)Rs.4666.66 D)Rs.1266.66
7. In a 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.261300 was their profit how much amount did B receive?
A)Rs.12600 B)Rs.120600 C)Rs.160200 D)Rs.123600
A)Rs.12600 B)Rs.120600 C)Rs.160200 D)Rs.123600
8. A,B and C shared the profit in a business in the ratio 5:7:8 and partnered for 14 months, 8 months and 7 months. Ratio of their invesments is:
A)19:49:64 B)20:49:64 C)20:49:65 D)20:50:64
A)19:49:64 B)20:49:64 C)20:49:65 D)20:50:64
9. 20:49:64A and B starts a business and invests Rs. 20,000 and Rs. 30,000 respectively. B is an active partner and he gets 25% of the profit separately. If their business yields them a total of Rs. 30,000 as profit, what is the share of B at the end of a year?
A) Rs 18,000 B) Rs 13,500 C) Rs 11,500 D) Rs 21,000 E) None of these
A) Rs 18,000 B) Rs 13,500 C) Rs 11,500 D) Rs 21,000 E) None of these
10. In a business A and C invested amounts in the ratio 3:2, whereas A and B invested amounts in the ratio 4:1. If the total profit at the end of a year is Rs 35,650, find the share of A.
A) Rs 18,600 B) Rs 12,600 C) Rs 16,200 D) Rs 13,600 E) Rs 20,700
Answer Keys:
1. B
2. B
3. C
4. C
5. B
6. C
7. B
8. B
9. D
10. A
A) Rs 18,600 B) Rs 12,600 C) Rs 16,200 D) Rs 13,600 E) Rs 20,700
Answer Keys:
1. B
2. B
3. C
4. C
5. B
6. C
7. B
8. B
9. D
10. A
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