Partnership MCQ Set 4

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

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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

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Answer: A

3. A and B enter into a partnership with capital in the ratio of 5 : 6  . 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

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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

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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

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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

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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

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 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

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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

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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

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Answer: A