Problems On Partnership Exercise Questionuestion

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 Problems on Partnership
Answers to Questions are at the Bottom of the page
1.Three partners A, B, C invest Rs. 36000, Rs. 45000 and Rs. 54000 respectively in a business. Out of a total profit of Rs. 37500, C's share is :
(a) Rs. 12500 (b) Rs. 15000 (c) Rs. 10000 (d) Rs. 15500

2.Kavita and Sunita are partners in a business. Kavita invests Rs. 35000 for 8 months and Sunita invests Rs. 42000 for 10 months. Out of a profit of Rs. 31570, Kavita's share is :
(b) Rs. 18942 (b) Rs. 12628 (c) Rs. 9471 (d) Rs. 18040

3.Jayant opened a shop investing Rs. 30000. Madhu joined him 2 months later, investing Rs. 45000. They earned a profit of Rs. 54000 after completion of one year. What will be Madhu's share of profit?
(a) Rs. 27000 (b) Rs. 24000 (c) Rs. 30000 (d) Rs. 36000
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4.Alok started a business investing Rs. 90000. After 3 months Shabir joined him with a capital of Rs. 120000. If at the end of 2 years, the total profit made by them was Rs. 96000, what will be the difference between theft shares?
(a) Rs. 20000 (b) Rs. 24000 (c) Rs. 8000 (d) none of these

5. Nirmal and Kapil started a business investing Rs. 9000 and Rs. 12000 respectively. After 6 months, Kapil withdrew half of his investment. If after a year, the total profit was Rs. 4600, what was Kapil's share in it ?
(a) Rs. 2000 (b) Rs. 2600 (c) Rs. 1900 (d) Rs. 2300

6. A, Band C enter into a partnership. A initially invests Rs. 25 lakhs and adds another Rs. 10 lakhs after one year. B initially investsRs. 35lakhs 'and withdraws Rs. 10 lakhs after 2 years and C invests Rs. 30 lakhs. In what ratio should the profits be divided at the end of 3 years?
(a) 20 : 19 : 18 (b) 10: 10 : 9
(c) 20 : 20 : 19 (d) none of these

7. Yogesh started a business investing Rs. 45000. After 3 months, Pranab joined him with a capital of Rs. 60000. After a1lother 6 months, Atul joined them with a capital of Rs. 90000. At the end of the year, they made.a profit of Rs. 20000. What would be Atul's share in it ?
(a) Rs.4000 (b) Rs.4500 «') Rs. 6000 (d) Rs. 8000

8. Mohinder and Surinder entered into a partnership investing Rs. 12000 and Rs. 9000 respectively. After 3 months, Sudhir joined them with an investment of Rs. 15000. What is the share of Sudhir in a half yearly profit of Rs. 9500 ?
(a) Rs. 3500 (b) Rs. 3000 (c) Rs. 2500 (d) Rs. 4000

9. A and B entered into a partnership investing Rs. 16000 and Rs. 12000 respectively. After 3 months, A withdrew Rs. 5000 while B invested. Rs 5000 more. After 3 more months C joins the business with a capital of Rs. 21000. The share of B exceeds that of C, out of a total profit of Rs. 26400 after one year by :
(a) Rs. 2400 (b) Rs. 3000 (c) Rs. 3600 (d) Rs. 4800

10. X and Y invested in a business. They earned some profit which they divided in the ratio of2 : 3. If X invested Rs. 40000, the amount invested by Y is :
(a) Rs. 50000 (b) Rs. 60000 (c) Rs. 80000 (d) Rs. 45000

11. Manoj received Rs. 6000 as his share out of the total profit of Rs. 9000 which he and Ramesh earned at the end of one year. If Manoj invested Rs. 20000 for 6 months, whereas Ramesh invested his amount for the whole year, what was the amount invested by Ramesh ?
(a) Rs. 6000 (b) Rs. 10000 (c) Rs. 4000 (d) Rs. 5000

12. Three- partners A, B, C start a business. Twice A's capital is equal to thrice B' s capital and B' s capital is four times C's capital. Out of a total profit of Rs. 16500 at the"end of the year, B's share is :
(a) Rs. 4000 (b) Rs. 6000 {c) Rs. 750.0. (d) Rs. 6600

13. A, B, C subscribe Rs. 50000 for a business. A subscribes Rs. 4000 more . than Band B Rs. 5000 more than C. Out of a total profit of Rs. 35000 A receives :
(a) Rs. 11900 (b) Rs. 8400 (c) Rs. 14700 (d) Rs. 13600


14. Rs. 700 is divided among A, B, C so that A receives half as much as B and B half as much as C. Then C's share is: 
(a) Rs. 200 (b). Rs. 300, (e) Rs. 400 (d) Rs. 600

15. If 4 (A's capital) = 6 (B's capital) = 10 (C' s capital), then out of a profit of Rs. 4650, C will receive:
(a) Rs. 2250 (b) Rs. 1550 {e) Rs. 900 (d) Rs. 465

16. A, B, C hire a meadow for Rs. 1095. If A puts in 10 cows for 20 days; B 30 cows for 8 days and C 16 cows for 9 days, then the rent paid by Cis:
(a) Rs. 270 (b) Rs. 320 (e) Rs. 450 (d) Rs. 285

17. Four milkmen rented a pasture. A grazed 24 cows for 3 months; B 10. cowsfor 5 months, C 35 cows for 4 months and D 21 cows for 3 months. If A's share of rent is Rs. 720, the total rent of the field is :
(a) Rs. 3000 (b) Rs. 3200 (e) Rs. 3250 (d) Rs. 3300

18. A, B, C start a business jointly. A invests 3 times as much as B invests and B invests two-third of what C invests. At the end of the year, the profif earned is Rs. 660. Out of it, B's share is :
(a) Rs. 220 (b) Rs. 120 (e) Rs. 180 (d) Rs. 240

19. A, Bland C enter into partnership. A invests some money at the beJmning, B invests double the amount after 6 months and C invests thrice the amount after 8 months. If the annual profit be Rs. 27000, C's share is 
(a) Rs. 9000 , (b) Rs. 11250 (c) Rs. 10800 (d) Rs. 8625

20. A and B started a business jointly. A's investment was thrice the investment of B and the period of his investment was two times the period of investment of B. If B received Rs. 4000 as profit, then their total profit is :
(a) Rs. 16000 (b) Rs. 24000 (e) Rs. 20000 (d) Rs.28000

21. A, Band C started a shop by investing Rs. 27000, Rs, 72000 and Rs. 81000 respectively. At the end of the year the profits were distributed. among them. if C's share of profit be Rs. 36000, then the total profit was :
(a) Rs. 80000 (b) Rs. 116000 (e) Rs. 108000 (d) Rs. 9560

22. A and-B start a business jointly. A invests Rs. 16000 for 8 months and B remains in the business for 4 months. Out of total profit, B claims 2/7 of the profit. How much money was contributed by B ?
(a) Rs. 10500 (b) Rs. 11900 (c) Rs. 12800 (d) Rs. 13600

23. A and B started a business with initial investments in th~ ratio 14 : 15 and their annual profits were in the ratio 7 : 6. If A invested the money for 10 months, for how many months did B invest his money?
(a) 8 (b) 9 (e) 6 (d) 7

24. A, B, C enter into a partnership and their capitals are in the proportion 20 : 15 : 12. A withdraws half his capital.at the end of 4 months. Out of a total annual profit of Rs. 847, A's share is :
(a) Rs. 252 (b) Rs. 280 (c) Rs. 315 (d) Rs. 412

25. In a partnership, A invests 1/6 of the capital for 1/6 of the time, B invests 1/3 of the capital for 1/3 of the time and C, the rest of the capital for the whole time. Out of a profit of Rs. 4600, B's share is :
(a) Rs. 650 (b) Rs. 800 (c) Rs. 960 (d) Rs. 1000

26. A, Band C enter into a partnership in the ratio 7/2 : 4/3 : 6/5. After 4 months, A increases his share by 50%. If the total profit at the end of one year be Rs. 21600, then B's share in the profit is :
(a) Rs. 2100 (b) Rs 2400 (c) Rs. 3600 (d) Rs. 4000

27. A and B invest in a business in the ratio 3 : 2. If 5% of the total profit goes to charity and A's share is Rs. 855, the total profit is :
(a) Rs. 1425 (b) Rs. 1500 (c) Rs. 1537.50 (d) Rs. 1576

28. A is a working and B, a sleeping partner in a business. A puts in Rs. 12000 and B Rs. 20000. A receives 10% of the profits for managing, the rest is being divided proportion to their capitals .Out of a total profit of Rs. 9600, the money received by A is :
(a) Rs. 3240 (b) Rs. 3600 (c) Rs. 4200 (d) Rs. 4500

29. A invested Rs. 76000 in a business. After few months B joined him with Rs. 57000. At the end of the year, the total profit was divided between them in the ratio 2 : 1. After how many months did B join?
(a) 3 (b) 4 (c) 5 (d) 7

30. A, B, C started a business with their investments in the ratio 1 : 3 : 5. After 4 months, A invested the same amount as before and B as well as C withdrew half of their investments. The ratio of their profits at the end of the year is :
(a) 5 : 6 : 10 (b) 6 : 5 : 10 (c) 10: 5 : 6 (d) 4 : 3 : 5

31. A, Band C contract a work for Rs. 1100. A and B together are to do of the work. C share is :
(a) Rs. 366.66 ,(b) Rs. 400 (c) Rs. 600 (d) Rs. 800
,
32. A and B start a business with initial investments in the ratio 12 : 7 and their annual profits were in the ratio 4 : 3. If A invested the money for 7 months, then B invested his money for:
(a) 8 months (b) 9 months (c) 10 months (d) 5 months

33. A and B entered into partnership with capitals in the ratio 4 : 5. After 3 months A withdrew ¼ th of his capital and B withdrew 1/5 of his capital. The gain at the end of 10 months was Rs. 760. A's share in this profit is :(a) Rs. .330 (b) Rs. 360 (c) Rs. 380 (d) Rs. 430

34. A, B, C hired a car for Rs. 520 and used it for 7,8 and 11 hours respectively. Hire charges paid by B were:
(a) Rs. 140 (b) Rs. 160 (c) Rs. 180 (d) Rs.220

35. A, Band C enter into a partnership with a capital in which A's contribution is Rs. 10000. If out of a total profit of Rs. 1000, A gets Rs. 500 and B gets Rs. 300, then C's capital is :
(a) Rs. 4000 (b) Rs. 5000 (c) Rs. 6000 (d) Rs. 9000

36. A, B, C invest Rs. 20000, Rs. 30000, Rs. 40000 in a business. After one year, A removed his money but B and C continued for one more year. If the net profit after 2 years be Rs. 32000, then A's share in the profit is :
!a} Rs.4000 (b) Rs. 6000 (c). Rs. 8000 (d) Rs. 1000

Answers

1.(b) 2.(b) 3.(c) 4.(d) 5.(d) 6.(d) 7.(a) 8.(c) 9.(c) 10.(b)

11.(b) 12.(c) 13.(c) 14.(c) 15.(c) 16.(c) 17.(c) 18.(b) 19.(a)

20.(d) 21.(a) 22.(c) 23.(a) 24.(b) 25.(b) 26.(d) 27.(b) 28.(c)

29. (b) 30.(a) 31.(b) 32.(b) 33.(a) 34.(b) 35.(a) 36.(a)

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