partnership

Partnership Questions Set 6

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 invested an amount of Rs. 25,000 and started a business. B joined him after one year with an amount of Rs. 30,000. After two years from starting the business, they earned the profit of Rs. 46,000. What will be B’s share in the profit?
(a) Rs. 14,000
(b) Rs. 12,000
(c) Rs. 17,250
(d) Rs. 20,000

Q2. X and Z invest capital in the ratio of 2 : 1 while X and Y invest capital in the ratio of 3 : 2. If their annual profit is Rs. 1,57,300 then what is Y share?
(a) Rs. 48,400
(b) Rs. 58,809
(c) Rs. 48,810
(d) Rs. 47,782

Q3. Two brother invested Rs. 50,000 and Rs. 70,000 respectively in a business and agreed that 70% of the profits should be divided equally between them and the remaining profit in the ratio of investment. If one Brothers gets Rs. 90 more than the other. Find the total made in the business.
(a) Rs. 1200
(b) Rs. 1400
(c) Rs. 1600
(d) Rs. 1800

Q4. The investments made by X and Y are in the ratio 3 : 2. If 5% of total profit is donated and X gets Rs. 8,550 as his share of profit then what is the amount of total profit.
(a) Rs. 14,000
(b) Rs. 15,000
(c) Rs. 11,050
(d) Rs. 12,020

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

Sehpaathi Test Application: CHALLENGE YOURSELF

Test: Partnership-Set6

Q5. A, B and C enter into a partnership with capitals in the ratio 5 : 6 : 8. At the end of the business term, they received the profit in the ratio 5 : 3 : 12. Find the ratio of time for which they contributed their capitals?
(a) 2 : 1 : 3
(b) 1 : 2 : 3
(c) 2 : 3 : 1
(d) 3 : 2 : 1

Answers:

1 – C
2 – A
3 – D
4 – B
5 – A