Partnership Questions Set 1
We are here with the Partnership based questions exercise which is very important for competitive exams. Partnership Based Questions usually carry 1-2 marks in competitive exams.
1. A, B and C invested capitals in the ratio 3 : 4 : 9; the timing of their investments being in the ratio 9 : 6 : 7. In what ratio would their profit be distributed?
(a) 9 : 8 : 21
(b) 27 : 25 : 63
(c) 27 : 24 : 36
(d) 9 : 8 : 12
2. A, B and C invest their capitals in a business. If the ratio of their periods of investments are 7 : 3 : 5 and their profits are in the ratio of 2 : 1 : 2. Find the ratio in which the investments are made by A, B and C.
(a) 30 : 35 : 42
(b) 7 : 6 : 10
(c) 42 : 30 : 35
(d) 42 : 25 : 35
Answers to the quiz and More questions are attached in the Sehpaathi Test Application below
Sehpaathi Test Application: CHALLENGE YOURSELF
Test: Bnk_Quant_Partnership-Set1
3.A, B and C are partners. A receives 2/5 of the profit and B and C share the remaining profit equally. A’s income is increased by Rs. 220 when the profit rises from 8% to 10%. Find the capitals invested by A, B and C.
(a)8850
(b)8860
(c)8250
(d)8230
4.A, B and C are partners. A receives 2/7 of the profit and B and C share the remaining profit equally. A’s income is increased by Rs. 240 when the profit rises from 10% to 15%. Find the capitals invested by B and C.
(a) Rs. 2400
(b) Rs. 1200
(c) Rs. 4800
(d) Rs. 6000
Answers to the quiz and More questions are attached in the Sehpaathi Test Application below
Sehpaathi Test Application: CHALLENGE YOURSELF
Test: Bnk_Quant_Partnership-Set1
5.Two partners invest Rs. 125,000 and Rs. 85,000 respectively in a business and agree that 60% of the profit should be divided equally between them and the remaining profit is to be treated as interest on capital. If one partner gets Rs. 300 more than the other, find the total profit made in the business.
(a)3937.50
(b)3936.50
(c)3936.55
(d)3937.56
Answer:
1 – A
2 – A
3 – C
4 – D
5 – A
