Partnership Questions and Answers


General Aptitude

partnership


    1)

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

  • A)Rs. 1425
  • B)Rs. 1500
  • C)Rs. 1537.50
  • D)Rs. 1576
Answer: B

    2)

     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. Calculate the share of B in the profit. 

  • A)Rs. 1900
  • B)Rs. 2660
  • C)Rs. 2800
  • D)Rs. 2840
Answer: B

    3)

     A, B and C enter into a partnership in the ratio 1-div-7by2.gif : 1-div-4by3.gif : 1-div-6by5.gif. After 4 months, A increases his share 50%. If the total profit at the end of one year be Rs. 21,600, then B's share in the profit is: 

  • A)Rs. 2100
  • B)Rs. 2400
  • C)Rs. 3600
  • D)Rs. 4000
Answer: D

    4)

    A, B, C subscribe Rs. 50,000 for a business. A subscribes Rs. 4000 more than B and B Rs. 5000 more than C. Out of a total profit of Rs. 35,000, A receives: 

  • A)Rs. 8400
  • B)Rs. 11,900
  • C)Rs. 13,600
  • D)Rs. 14,700
Answer: D

    5)

    Three partners shared the profit in a business in the ratio 5 : 7 : 8. They had partnered for 14 months, 8 months and 7 months respectively. What was the ratio of their investments? 

  • A)5 : 7 : 8
  • B)20 : 49 : 64
  • C)38 : 28 : 21
  • D)None of these
Answer: B