Partnership MCQ Set 2

PARTNERSHIP MCQ SET 2

1. A , B and C invested their capitals in the ratio of 2 : 3 : 5 . The ratio of months for which A , B and C invested is 4 : 2 : 3 . If C gets a share of profit which is Rs.147000 more than that of A , then B’s share of profit is :

(a) Rs.1,23,000

(b) Rs.1,68,000

(c) Rs.1,05,000

(d) Rs.1,89,000

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Answer: A

2. Four milkmen rented a pasture . A grazed 24 cows for 3 months , B-10 for 5 months , C – 35 cows for 4 months , and D – 21 cows for 3 months . If A’s share of rent is Rs.720 find the total rent of the field ?

(a) Rs.1,400

(b) Rs.1,900

(c) Rs.3,250

(d) Rs.3,000

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Answer: C

3. Ratio of the capital amount of A , B and C respectively is 4/5 : 2/3 : 5/8 and ratio of their time investment is respectively 10 : 9 : 4 . The profit amount of A is how much percent more than C ?

(a) 160%

(b) 220%

(c) 70%

(d) 95%

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Answer: B

4. A , B and C invest in a business . A invests 1/4 of the total capital for 1/4th time . B invests 1/5th of the total capital for 1/5th time and the remaining capital is invested by C for the whole time . If the total profit is Rs.7830 , then what will be the profit of C ?

(a) Rs.6,000

(b) Rs.6,600

(c) Rs.6,400

(d) Rs.6,200

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Answer: B

5. A , B and C are partners in a business . A whose money has been used for 4 months claims 1/8 of profit , B whose money has been used for 6 months , claims 1/3 of the profit . C had invested Rs.1560 for 8 months . What is the difference between investment of A and B .

(a) Rs.720

(b) Rs.560

(c) Rs.420

(d) Rs.500

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Answer: B

6. A , B and C all together invest Rs.48000 . Ratio of their time investment is 99 : 77 : 84 and ratio of their profit amount is respectively 3 : 2 : 4 . Find the investment amount of A ?

(a) Rs.13,000

(b) Rs.15,000

(c) Rs.14,000

(d) Rs.15,500

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Answer: A

7. Rs.15,000 was invested by A and B together to start a small business . They got a profit of Rs.2,000 at the end of the year . B took his profit share of Rs.600 . How much did it invest ?

(a) Rs.9,000

(b) Rs.2,000

(c) Rs.10,500

(d) Rs.10,000

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 Answer: C

8. A , B and C entered into a partnership . A invested Rs.2560 and B Rs.2000 . At the end of the year . they gained Rs.1105 , out of which A got Rs.320 . C’s capital was

(a) Rs.4,280

(b) Rs.2,840

(c) Rs.4,820

(d) Rs.4,028

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Answer: A

9.A , B and C started a business . Thrice the investment of A is equal to twice the investment of B and also equal to four times the investment of C . If C’s share out of the total profit is Rs.4863 , then the share of A in the profit is:

(a) Rs.7,272

(b) Rs.6,484

(c) Rs.9,726

(d) Rs.8,105

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Answer: B

10.Three partners A , B and C start a business . Twice of A’s capital is equal to three times of B’s capital is equal to four times of C’s capital . Out of total profit of Rs.19500 at the end of the year , B’s share is ?

(a) Rs.7,000

(b) Rs.6,000

(c) Rs.9,000

(d) Rs.9,700

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Answer: B