Partnership MCQ Set 1

PARTNERSHIP MCQ SET 1

1. Two partners Deepa and Ziya start a business by investing Rs.50,000 and Rs.40,000 , respectively . What will be the ratio of their profits at the end of the year ?

(a) 5 : 4

(b) 3 : 6

(c) 4 : 5

(d) 6 : 3

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Answer: A

2. Raju and Sanju started a business by investing Rs.36,000 and Rs.63,000 . Find the share of each out of the annual profit of Rs.5500 .

(a) 2000, 3500

(b) 2500 , 3500

(c) 3500 , 2500

(d) None of these

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Answer: A

3. X , Y and Z invested Rs.4000 , Rs.6000 and Rs.8000 respectively in a business . They invested the money for 3 , 2 and 4 years respectively . If the total profit is Rs.56000 , then what is the share of Y in the profit?

(a) Rs.18,000

(b) Rs.12,000

(c) Rs.15,000

(d) Rs.9,000

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Answer: B

4. Three partners P , Q and R invested a total of Rs.52000 in a business . At the end of the year . P got Rs.1430 , Q got Rs.1870 and R got Rs.2420 as the share of profit . How much amount did Q invest in the business ?

(a) Rs.17000

(b) Rs.20400

(c) Rs.15300

(d) Rs.18700

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Answer: A

5. The ratio of investment by A to that by B is a business is 14 : 15 and the ratio of their respective profits at the end of a year is 2 : 5 . If A invested the money for 3 months , then for how much time (in month) B invested his money ?

(a)7

(b) 6

(c) 5

(d) 9

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Answer: A

6. Nikhil and Neha invested capital in the ratio 5 : 4 . The time Neha invested her money for one year more than that invested by Nikhil . The ratio of their profits is in the ratio 6 : 5 . Find the time Neha invested the money for .

(a) 26 years

(b) 23 years

(c) 24 years

(d) 25 years

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Answer: D

7.  A , B and C invest Rs.40000 , Rs.45000and Rs.60000 respectively in a business . They invest for 5 , 4 and 3 months respectively . How many percent of the total profit will he received by C ?

(a) 32%

(b) 36%

(c) 40%

(d) 27%

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 Answer: A

8. A , B and C invested capitals in the ratio of 3:4:8 . At the end of the business period , they received profits in the ratio of 2 : 3 : 5 . What is the the ratio of their time invested ?

(a) 16 : 18 : 15

(b) 13 : 18 : 15

(c) 16 : 21 : 18

(d) 15 : 16 : 13

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Answer: A

9. A , B and C invested capital in ratio 5 : 7 : 4 , then time of their investment being in the ratio x : y : z . If their profits are in the ratio 45 : 42 : 28 , then x : y : z = ?

(a) 9 : 6 : 7

(b) 6 : 7 : 9

(c) 9 : 4 : 7

(d) 7 : 9 : 4

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Answer: A

10. Three partners shared the profit in a business in the ratio of 8 : 7 : 5 . They invested their capitals for 7 months , 8 months and 14 months respectively . What was the ratio of their capitals?

(a) 49 : 64 : 20

(b) 20 : 64 : 49

(c) 64 : 49 : 20

(d) 20 : 49 : 64

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Answer: C