Partnership based Questions are important for competitive exams like IBPS PO, SSC CGL. We are here with daily practice sets based on partnership questions.
2. In a partnership between X and Y, X’s capital is 2/5 of total and is invested for 2/3 year. If his share of the profit is 4/7 of the total, for how long is Y’s capital in the business?
(a) 1 year
(b) 1/8 year
(c) 1/3 year
(d) 1/4 year
3. X and Y put in Rs. 3,000 and Rs. 4,000 respectively into a business. X reinvests into the business his share of the first year’s profit of Rs. 2,100 whereas Y does not reinvest. In what ratio should they share the second year’s profit?
(a) 39 : 40
(b) 3 : 4
(c) 3 : 7
(d) 40 : 79
4. In a partnership between A, B and C, A’s capital is Rs. 4,000. If in a profit of Rs. 800, A’s share is Rs. 200 and C’s share is Rs. 100, then B’s capital is
(a) Rs. 8,000
(b) Rs. 2,000
(c) Rs. 10,000
(d) Rs. 5,000
5. A workman earned Rs. 180 in a certain number of days. If his daily wages had been Rs. 2 less, he would take one more day to earn the same amount. Find how many days he worked at the higher rate?
(a) 18 days
(b) 10 days
(c) 9 days
(d) 6 days
Answers:
1 – B
2 – C
3 – A
4 – C
5 – C
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