Question 01 Partnership

What is R’s share of profit in a joit venture? I.Q started business investing Rs. 80,000. II. R joined him after 3 months. III. P joined after 4 months with a capital of Rs. 1,20,000 and got Rs. 6000 as his share profit.

Correct answer D. Even with all I, II and III, the answer cannot be arrived at

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Question 02 Partnership

How much did Rohit get as profit at the year-end in the business done by Nitin, Rohit and Kunal? I.Kunal invested Rs. 8000 for nine months, his profit was times that of Rohit’s and his investment was four times that of Nitin.II.Nitin and Rohit invested for one year in the proportion 1: 2 respectively.III.The three together got Rs. 1000 as profit at the year end.

Correct answer D. All I, II and III

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Question 03 Partnership

Rahul, Anurag and Vivek started a business together. In what proportion would the annual profit be distributed among them? I. Rahul got one-fourth of the profit.II.Rahul and Vivek contributed 75% of the total investment.

Correct answer B. II alone sufficient while I alone not sufficient to answer

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About Partnership MCQs

In partnership problems, each partner's share depends on capital multiplied by time. Questions on this page include partners who subscribe different amounts to a total of Rs. 50,000, partners in a ratio who stay for different numbers of months, and a partner who increases investment partway through the year. Some are data sufficiency questions asking which facts are enough to find one partner's profit. Writing each partner's capital-months product, then reducing to the simplest ratio, solves nearly every question quickly.

Exams that include Partnership MCQs

Pakistan

  • NTS
  • PPSC
  • FPSC
  • Banking job tests

India

  • IBPS PO
  • IBPS Clerk
  • SBI PO
  • SSC CGL

Bangladesh

  • Bank job exams
  • BCS
  • Bangladesh Bank recruitment

Frequently asked questions

How is profit shared in a partnership?

Profit is shared in the ratio of each partner's capital multiplied by the time it was invested. If A invests Rs. 10,000 for 12 months and B invests Rs. 15,000 for 8 months, both products equal 120,000, so they share the profit equally.

What is the difference between a simple and compound partnership?

In a simple partnership, all partners invest for the same period, so profit is shared in the ratio of capital alone. In a compound partnership, capital or time differs, so the ratio uses capital multiplied by time for each partner.

How many Partnership MCQs are on MCQs360?

MCQs360 has 6 Partnership MCQs in this category, free to practise with no sign-up and with answers shown instantly. They are a short set for testing the capital-times-time method before an aptitude test. Calculate each partner's capital-months product before you check the answer.

Last reviewed October 2026