PARTNERSHIP MCQ SET 4
1. Suresh , Dinesh and Ramesh became partner in a business by investing money in the ratio 3 : 6 : 8 . If their investments is increased by 5% , 15% and 20% , respectively , then what will be the ratio of their profits for one year?
(a) 7 : 46 : 64
(b) 19 : 46 : 64
(c) 21 : 46 : 64
(d) 35 : 46 : 64
Answer: C
2. X and Y enter into a partnership with capital in ratio 3 : 5 . After 5 months X adds 50% of his capital , while Y withdraws 60% of his capital . What is share (in Rs. Lakhs) of X in the annual profit of Rs.6.84 Lakhs ?
(a) 3.72
(b) 4.2
(c) 3.6
(d) 3.12
Answer: A
3. A and B enter into a partnership with capital in the ratio of 5 : 6ย . After 4 months A withdraws 1/5 of his capital , while B increases his capital 33 1/3 . What is the share ( in Rs. Lakhs) of B in the annual profit of Rs.6.3 Lakhs ?
(a) 2.34
(b) 3.61
(c) 3.69
(d) 3.96
Answer: D
4. A , B and C start a business each investing Rs.25000 . After 5 months A withdrew Rs.6000 , B withdrew Rs.7000 , and C invested Rs.8000 more . At the end of the year , there is a profit of Rs.86500 . Find the difference between the shares of A and B .
(a) Rs.900
(b) Rs.12500
(c) Rs.700
(d) Rs.8600
Answer: C
5. A and B entered into a partnership (at the beginning of the year) by investing their capitals in the ratio 2/3 : 3/9 . After 4 months , A reduced his capital by 25% and B increased his capital by 25% . What was B’s share (in Rs. Lakhs) in the annual profit of Rs.57.2 lakhs ?
(a) 23.5
(b) 29.4
(c) 25.2
(d) 27.4
Answer: A
6. Mohan and Ravi started a business with their capitals in the ratio 2/15 : 1/6 , after 4 months , Mohit increased his capital by 25% and Ravi reduced his capital by one fifth . At the end of a year , if Ravi share in the annual profit was Rs.20.8 lakhs , then what was the annual profit (in Rs. Lakhs) ?
(a) 41.6
(b) 31.2
(c) 43.2
(d) 44.8
Answer: C
7. A and B start a business and invest Rs.10000 and Rs.15000 respectively . After 3 months , A invests Rs.2000 more but B withdraw Rs.5000 after . After its 3 months . C joins the business with a capital Rs.18000 . If the profit is Rs.38100 , after one year then find C’s profit?
(a) Rs.9,800
(b) Rs.10,800
(c) Rs.11,000
(d) Rs.12,000
ย Answer: B
8. Ajay and Vijay started a business and invests Rs.4500 and Rs.3000 respectively . After 9 months each of the decrease their capitals to 30% and Satyam joins the business with Rs.2000 . If after 1 1/2 years , the total profit was Rs.16450 , then the share of Ajay and Vijay will be :
(a) Rs.13,650
(b) Rs.14,550
(c) Rs.12,750
(d) Rs.11,750
Answer: A
9. A , B and C invest in the ratio of5 : 7 : 6 . After 1 year , they increase their investment respectively 26% , 20% , 15% . What will be the ratio of their profit after 2 years?
(a) 7 : 6 : 9
(b) 71 : 53 : 63
(c) 112 : 117 : 105
(d) 113 : 154 : 129
Answer: D
10. A and B invest in a business in the ratio of 3 : 2 . If 5% of the total profit goes to charity and A’s share is Rs.855 , the total profit is :
(a) 1500
(b) 1400
(c) 1565
(d) 1475
Answer: A
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