Partnership

Question: 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: Option B Explanation: Let the total profit be Rs….

Question: 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]….

Question: A starts business with Rs. 3500 and after 5 months, B joins with A as his partner. After a year, the profit is divided in the ratio 2 : 3. What is B’s contribution in the capital? [A]. Rs. 7500 [B]. Rs. 8000 [C]. Rs. 8500 [D]. Rs. 9000 Answer: Option D Explanation: Let…

Question: 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…

Question: A and B entered into partnership with capitals in the ratio 4 : 5. After 3 months, A withdrew of his capital and B withdrew of his capital. The gain at the end of 10 months was Rs. 760. A’s share in this profit is: [A]. Rs. 330 [B]. Rs. 360 [C]. Rs. 380…

Question: A, B and C enter into a partnership in the ratio : : . 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…

Question: A and B started a partnership business investing some amount in the ratio of 3 : 5. C joined then after six months with an amount equal to that of B. In what proportion should the profit at the end of one year be distributed among A, B and C? [A]. 3 : 5…

Question: A, B, C rent a pasture. A puts 10 oxen for 7 months, B puts 12 oxen for 5 months and C puts 15 oxen for 3 months for grazing. If the rent of the pasture is Rs. 175, how much must C pay as his share of rent? [A]. Rs. 45 [B]. Rs….

Question: 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: Option D Explanation: Let C = x. Then,…

Question: Arun, Kamal and Vinay invested Rs. 8000, Rs. 4000 and Rs. 8000 respectively in a business. Arun left after six months. If after eight months, there was a gain of Rs. 4005, then what will be the share of Kamal? [A]. Rs. 890 [B]. Rs. 1335 [C]. Rs. 1602 [D]. Rs. 1780 Answer: Option…