Partnership MCQ Set 5
PARTNERSHIP MCQ SET 5
1. A and B together start a business and invest in the ratio of 5 : 4 respectively . They deposit 10% of the total profit in a trust and distribute the rest amount according their investment . If B’s share is Rs.1200 , then the total profit will be?
(a) Rs.4,200
(b) Rs.3,600
(c) Rs.3,200
(d) Rs.3,000
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Answer: D
2. Atul Reader publication makes a profit of Rs.900000 , 20% of which is paid as taxes . If the rest is divided among the partners P , Q and R in the ratio of 1 : 1 1/2 : 2 then the share of R , Q and R are respectively :
(a) Rs.2,40,000 : Rs.3,2,0000 , Rs.1,60,000
(b) Rs.3,20,000 : Rs.2,4,0000 , Rs.1,60,000
(c) Rs.1,60,000 : Rs.3,20,000 , Rs.2,40,000
(d) Rs.1,60,000 : Rs.2,40,000 , Rs.3,20,000
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Answer: D
3. The investment made by Ayan and Prince are in the ratio 3:2 . If 5% of total profit is donated and Ayan get Rs.8,550 as his share of profit , then what is the amount of total profit ?
(a) Rs.14,000
(b) Rs.15,000
(c) Rs.11,050
(d) Rs.12,200
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Answer: B
4. A & B invest Rs.30000 & Rs.20000 and 80% of total profit distribution equally among them . Rest profit distribute according to investment ratio . The difference between the share of A & B is 4000 . Find the total profit and find the share of A & B ?
(a) Rs.8,000 , Rs.42,000 , Rs.38,000
(b) Rs.1,00,000 , Rs.52,000 , Rs.48,000
(c) Rs.9,000 , Rs.52,000 , Rs.38,000
(d) Rs.12,000 , Rs.62,000 , Rs.58,000
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Answer: B
5. A & B start a business in partnership and invest Rs.40,000 & Rs.60,000 . 60% of total profit is distributed among them equally and the rest profit distributes between them according to their investment ratio . The difference between their profit is Rs.6000 . Find the total profit amount ?
(a) Rs.52,000
(b) Rs.60,000
(c) Rs.62,000
(d) Rs.75,000
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Answer: D
6. Two brother Yasir and Ankur invested Rs.50000 , and Rs.70000 respectively in a business and agreed that 70% of the profit should be divided equally between them and the remaining profit in the ratio of investment . If Ankur gets Rs.90 more Yasir . Find the total profit made in the business .
(a) Rs.1,200
(b) Rs.1,400
(c) Rs.1,600
(d) Rs.1,800
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Answer: D
7. A and B entered into a partnership by investing their capitals in the ratio 1/4 : 5/12 . A received 4% of the annual profit for providing services to the business and the remaining annual profit is divided between them in proportion to their investments . If B’s share in the annual profit is Rs.30 lakhs . then what is A’s share (in Lakhs) ?
(a) 20
(b) 24
(c) 18
(d) 22
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Answer: A
8. A , B and C are three partners . A receives 9/10 of the profit and B and C share the remaining profit equally . A’s income is increased by Rs.270 when the profit rises from 12% to 15% when the profit rises from 12% to 15% . Find the capitals invested by B and C .
(a) Rs.5000
(b) Rs.1000
(c) Rs.500
(d) Rs.1500
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Answer: B
9. Ankit , Ashish and Ayan together started a business . Ankit invested Rs.6500 for 6 months , Ashish invested Rs.8400 for 5 months and Ayan invested Rs.10000 for 3 months . Ankit is working member for which he gets 5% of total profit extra . If the total gain is Rs.7400 , then Ayan’s share is :
(a) Rs.1900
(b) Rs.2100
(c) Rs.3100
(d) Date Incomplete
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Answer: A
10. Bhagat , Harish and Rohit started a business by investing Rs.24000 , Rs.32000 and Rs.18000 respectively . Bhagat and Harish are active partners an get 7% and 19% of total profit and remaining profit is to be distributed among them in the ratio of their investment . If Rohit got total Rs.144000 as a profit , what was the total amount of profit ?
(a) Rs.4,70,000
(b) Rs.8,00,000
(c) Rs.3,45,000
(d) Rs.4,57,000
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Answer: B