# Partnership - Online Quiz

Following quiz provides Multiple Choice Questions (MCQs) related to **Partnership**. You will have to read all the given answers and click over the correct answer. If you are not sure about the answer then you can check the answer using **Show Answer** button. You can use **Next Quiz** button to check new set of questions in the quiz.

Q 1 - If the the total investment of a business is an amount of rs. 5000. Ajay invested 4000 Rs. more in the comparision of Bijender and Bijender invested 5000 more in the comparision of Chman . At the end of the year, Rs. 35000 earned in the form of profit then what should be the share of Ajay?

### Answer : A

### Explanation

If we can assume that the C , B and A have the investment of Rs. x , (x+5000) and Rs. (x+9000) respectively. Then, X+(x+5000)+(x+9000) =50000 ⇒ 3x = 36000 ⇒ x =12000. C =Rs. 12000 , B = Rs. 17000 and C = Rs. 21000 A : B : C = 21000 : 17000: 12000 = 21: 17: 12 Share of A = Rs. (35000* 21/50) = Rs. 14700

Q 2 - The investment ratio between A and C is 2:1 but between A and B the investment ratio is 3:2. A firm earned Rs. 157300 as a profit and find out the share of B in profit?

### Answer : C

### Explanation

Let the ratio of profit sharing between A: B: C is 6x : 4x :3x respectively. = 6:4:3 Share of B in profit = Rs. (157300* 4/13) = 48400 Rs.

Q 3 - 1/6 part of capital invested by A for the period of 1/6 times, 1/3 part invested by B for the 1/3 times and rest of the capital invested by C for the rest of the time. What should be the share of B if Rs. 23000 is the profit?

### Answer : A

### Explanation

Here x denote capital and y denote total time. Then, Rs. x/6 for y/6 months for the investment of A and Rs. x/3 for y/3 months for the investment of B. Investment of C = [ x-(x/6+ x/3)] = Rs. x/2 for y months. Then , A: B: C = ( x/6 * y/6) : (x/3* y/3) : (x/2: y) = xy/36 : xy/9 : xy/2 = 1:4: 18 Share of B in profit = Rs. (23000* 4/ 23) = Rs. 4000.

Q 4 - Partners of a firms are A, B and C. Conditions of invest ment are twice the A investment is equal to thrice the capital of B and the capital of B is four times in the comparison of C capital. What should be the share in profit of B if profit earned by Rs. 29700?

### Answer : A

### Explanation

If 2A = 3B and B = 4C and therefore, 3B = 12 C ∴ 2A =3B = 12C = x ⇒ A = x/2 , B = x/3 , C= x/12 ∴ A:B:C = x/2 : x/3 : x/12 = 1/2 : 1/3: 1/12 = 6:4:1 Hence, its proves that share of B = (297000* 4/11) = Rs. 10800.

Q 5 - A pasture taken by four milkmen on rented. A used this 4 month with 18 cows, B 25 cows for two months and C 28 cows for 5month and D 21 cows for 3 month. If 360 Rs. rent paid by A then what should be the total profit ?

### Answer : C

### Explanation

Rents in the ratio = (18*4) : (25*2): (28* 5) : (21*3) = 72 : 50: 140: 63 Suppose total rent of the pasture is x Rs. Then Share of A = (72/325*x) ∴ 72x/325 *360 = x= 1625 ∴ total rent of the pasture is Rs. 1625 .

Q 6 - What should be the ratio of profit between A, B and C after the period of 3 years. If A invest 25 lakhs at starting of the business and Rs. 10 lakhs also add after one year and B invest 35 lakhs in the starting and Rs. 10 lakhs withdraw after 2 year and C invested 30 lakhs only from starting.

### Answer : D

### Explanation

Investment of A = Rs. (25*1+ 35*2) = Rs. 95 Investment of B = Rs. (35*2+25*1) = Rs. 95 Investment of C = Rs. (30*3) = Rs. 90 ∴ A:B:C = 95:95: 90 = 19: 19: 18

Q 7 - The ratio of investment in a firm by A and B is 3:2 . if A received Rs. 8550 share as a profit after doing charity5% out of the total profit. What should be the total profit?

### Answer : B

### Explanation

If X is the total profit of a firm at the end of the year . Amount of charity which is paid = 5% of rs. x = (5/100*x) = x/20 , balance =(x-x/20) = rs. 19x/20 Share of A = rs. (19x/20* 3/5) = Rs. 57x/100 ∴ 57x/100= 8550 ⇒ x = (8550*100)/57 = 15000. Hence, the total profit of the firm = Rs. 15000.

Q 8 - Mr X, Mr Y and Mr Z invest Rs 1500, Rs 2000 and Rs 2500 respectively in a business. The profit earned is Rs 1200. Find the share of each in the profit.

### Answer : A

### Explanation

Ratio of investments = X : Y : Z = 1500 : 2000: 2500 = 3 : 4 : 5 Sum of the ratios = 3 + 4 + 5 = 12 Share in the profit: For Mr X = (3/12)*1200 = Rs 300 For Mr Y = (4/12)*1200 = Rs 400 For Mr Z = (5/12)*1200 = Rs 500

Q 9 - Kabir starts a business with Re 4,50,000/- Nisha joins him after a certain period of time who invests Re 3,00,000/-. At the end of year, they divide profir in the ratio 9:4. When did Nisha join Kabir?

### Answer : D

### Explanation

Suppose Nisha is with Kabir for x months. So, 4,50,000*12/3,00,000*x = 9/4 Or, x = 8 months Hence Nisha joined Kabir after (12 - 8) months = 4 months.

Q 10 - The ratio of investments of two partners is 11:12 and the ratio of their profits is 2:3. If A invested the money for 8 months, find for how much time B invested his money?

### Answer : B

### Explanation

Suppose A invested Re 11 for 8 months and B invested Re 12 for x months. Then, (11*8)/(12*x) = 2/3 Or, 88/12x = 2/3 Or, 24x = 264 Or, x = 11 Hence, B invested for 11 months.