Partnership Questions Set 8

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Partnership Questions Set 8

Partnership based Questions are important for competitive exams like IBPS PO, SSC CGL. We are here with daily practice sets based on partnership questions.

Q1. A, B, C enter into a partnership investing Rs. 35000, Rs. 45000 and Rs. 55000 respectively. The respective shares of A, B, C in an annual profit of Rs. 40500 are:
(a) Rs. 13500, Rs. 16500, Rs. 10500
(b) Rs. 10500, Rs. 13500, Rs. 16500
(c) Rs. 13500, Rs. 10500, Rs. 16600
(d) Rs. 13000, Rs. 11500, Rs. 16600
(e) None of these

partnership questions

Q2. A, B and C enters into a partnership their shares are in the ratio 1/2 ∶1/3 ∶1/4. After 2 months, A withdraws half of his capital. After 10 months, a profit of Rs. 378 is divided among them. What is B’s share?
(a) Rs. 129
(b) Rs. 144
(c) Rs. 156
(d) Rs. 168
(e) None of these

Q3. A and B are partners in a business. A contributes 1/4 of the capital for 15 months and B received 2/3 of the profit. Find for how long B’s money was invested in the business?
(a) 1 year
(b) 9 months
(c) 6 months
(d) 10 months
(e) None of these

Q4. A, B and C are partners of a company. During a particular year A received 1/3 of the profit, B received 1/4 of the profit and C received remaining Rs. 5000. How much did A receive?
(a) Rs. 5000
(b) Rs. 4000
(c) Rs. 3000
(d) Rs. 1000
(e) None of these

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Test: Partnership-Set8

Q5. A began a business with Rs. 4500. Later, B joined A with Rs. 5400. When did B join if the profits at the end of the year were divided in the ratio of 2 : 1?
(a) 4 months
(b) 5 months
(c) 6 months
(d) 7 months
(e) None of these

Answers:

1 – B
2 – B
3 – D
4 – B
5 – D