Partnership Questions Set 3

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Partnership Questions Set 3

Q1. Vinay started a business investing Rs. 70000. Ashok joined him after six months with an amount of Rs. 105000. Sunil joined them with Rs. 1.4 Lakh after another six months. The amount of profit earned should be distributed in what ratio among Vinay, Ashok and Sunil, three years after Vinay started the business?
(a) 42:45:56
(b) 7:6:10
(c) 12:15:16
(d) None of these

Answers to the quiz and More questions are attached in the Sehpaathi Test Application below

Sehpaathi Test Application: CHALLENGE YOURSELF

Test: Bnk_Quant_Partnership-Set3

 

Q2. Veena started a business, investing Rs. 75000. After 3 months, Poonam joined her with an amount of Rs. 125000 and after another six months Sarita joined them with an amount of Rs. 150000. Profit earned at the end of three years from when Veena started the business should be distributed in what ratio among Veena, Poonam and Sarita, respectively?
(a) 36:55:54
(b) 18:28:27
(c) 35:54:55
(d) 35:54:57

Q3. A, B and 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, then how much C must pay as his share of rent?
(a) Rs. 45
(b) Rs. 50
(c) Rs. 55
(d) Rs. 60

Answers to the quiz and More questions are attached in the Sehpaathi Test Application below

Sehpaathi Test Application: CHALLENGE YOURSELF

Test: Bnk_Quant_Partnership-Set3

Q4. Arun started a business investing Rs. 38000. After 5 months Bakul joined him with a capital of Rs. 55000. At the end of the year the total profit was Rs. 22000. What is the approximate difference between the share of profits of Arun and Bakul?
(a) Rs. 1192
(b) Rs. 1856
(c) Rs. 1007
(d) Rs. 1928

Q5. In a business B a sleeping partner and A is a working partner. A invests Rs. 5000 and B invests 6000. A receives 25/2% of profit for managing the business and the remaining amount is divided in proportion to their capitals. A’s share of profit in a profit of Rs. 880 is:
(a) Rs. 350
(b) Rs. 400
(c) Rs. 420
(d) Rs. 460

Answers:

1 – C
2 – A
3 – A
4 – B
5 – D

 

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