Partnership MCQ Set 3

PARTNERSHIP MCQ SET 3

1. A , B , C subscribe a sum of Rs.75500 for a business . A subscriber Rs.3500 more than B , and B subscribes Rs.4500 more than C . Out of a total profit of Rs.45300 how much (in Rs.) does A receive?

(a) Rs.12600

(b) Rs.15000

(c) Rs.17400

(d) Rs.14700

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Answer: C

2. A puts Rs.375 more in a business than B , but B has invested his capital for 4 months while A has invested his capital for 8 months . If the share of A is Rs.75 more than that of B out of the total profit of Rs.125 , find the capital contribution by B?

(a) Rs.750

(b) Rs.375

(c) Rs.735

(d) Rs.573

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Answer: B

3. Kapil starts some business with Rs.50000 . After 3 months Monu joins his with Rs.70000 . At the end of the year . In what ratio should they share the profit ?

(a) 1 : 3

(b) 1 : 5 

(c) 3 : 2

(d) 20 : 21

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Answer: D

4. A starts a business with Rs.75,000 and B joins the business 5 months later with an investment of Rs.80,000 . After 1 year , they earn a profit of Rs.4,08,800 . Find the share of A and B (in Rs.) .

(a) 2,52,000 and 1,56,800

(b) 2,50,000 and 1,58,800

(c) 2,48,000 and 1,60,800

(d) 2,49,500 and 1,55,930

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Answer: A

5. Ramesh started a business investing a sum of Rs.40000 . Six months later , Kevin joined by investing Rs.20000 . If they make a profit of Rs.10000 at the end of the year , how much is the share of Kevin?

(a) Rs.2,000

(b) Rs.4,000

(c) Rs.3,000

(d) Rs.2,500

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Answer: A

6. Rahul and Raman started a business by investing Rs16000 and Rs.12000 respectively . After 4 months , Rahul left the business and Mohan joined the business by investing Rs.20000 . At the end of the year , there was a profit of Rs.46000 . What will be the share of Mohan in the profit ?

(a) Rs.28,700

(b) Rs.20,000

(c) Rs.36,800

(d) Rs.23,400

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Answer: B

7. P invested Rs.4000 for one year . Q joined him with an investment of Rs.6000 after a few months . If at the end of one year the profits of P and Q is 4 : 3 , then Q joined after how many months?

(a) 4 months 

(b) 3 months

(c) 8 months

(d) 6 months

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 Answer: D

8. A started business with a capital of Rs.54000 and admitted B and C after 4 months and 6 months respectively . At the end of the year , the profit was divided in the ratio of 1 : 4 : 5 . What is the difference between the capitals invested by B and C ?

(a) Rs.1,08,000

(b) Rs.1,62,000

(c) Rs.2,16,000

(d) Rs.3,24,000

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Answer: C

9. X , Y and Z enter into a partnership . X invests some money at the beginning . Y invests thrice the amount of X after 4 months and Z invest double the amount of Y after 9 months from the beginning . If the annual gain be Rs.450000 , then what is the share of Y?

(a) Rs.200000

(b) Rs.150000

(c) Rs.100000

(d) Rs.300000

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Answer: A

10. Sumit started some business with Rs.26000 . After 3 months Amar joins him with Rs.16000 . After some more time Karan joined them with Rs.25000 .At the end of the year , out of a total profit of Rs.15,453 Karan get Rs.3825 as his share . How many months after Amar , Karan joined the business?

(a) 3 months

(b) 4 months

(c) 5 months

(d) 2 months

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Answer: A