Asad invests Rs. 30,000 for 12 months and Nadia invests Rs. 45,000 for 8 months. Out of a total profit of Rs. 18,400, what is Asad’s share?
Correct answer B. Rs. 9,200
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Partnership MCQs
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A starts a business with Rs. 50,000. After 5 months B joins with Rs. 75,000. Out of a profit of Rs. 30,000 at the end of the year, what is B’s share?
Correct answer D. Rs. 14,000
Three friends invest Rs. 20,000, Rs. 30,000 and Rs. 50,000 in a shop. If the profit is Rs. 25,000, what is the share of the third friend?
Correct answer A. Rs. 12,500
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The capitals of P, Q and R are in the ratio 3 : 4 : 5 and they are invested for 4, 3 and 2 months respectively. Out of a profit of Rs. 51,000, what is R’s share?
Correct answer B. Rs. 15,000
A and B invest in the ratio 2 : 3. A, the working partner, first receives 10% of the profit as salary, and the rest is shared in the capital ratio. Out of a profit of Rs. 40,000, how much does A receive in total?
Correct answer A. Rs. 18,400
A is a sleeping partner with Rs. 60,000 and B is a working partner with Rs. 40,000. B gets 5% of the profit for managing, and the rest is shared in the capital ratio. Out of Rs. 50,000 profit, what is B’s total?
Correct answer C. Rs. 21,500
Three partners invest in the ratio 5 : 6 : 8 and their profits are in the ratio 5 : 4 : 2. What is the ratio of the periods of their investments?
Correct answer B. 12 : 8 : 3
A starts a business with Rs. 80,000. B joins after 3 months with Rs. 60,000 and C joins 3 months after B with Rs. 1,00,000. Out of a year-end profit of Rs. 63,000, what is C’s share?
Correct answer A. Rs. 18,000
A invests Rs. 40,000 and B invests Rs. 50,000. After 4 months, A adds Rs. 20,000 more. Out of a year-end profit of Rs. 31,000, what is A’s share?
Correct answer C. Rs. 16,000
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A and B share profit in the ratio 5 : 3. A invested for 10 months and B invested Rs. 45,000 for 12 months. How much did A invest?
Correct answer C. Rs. 90,000
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
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
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
Three partners shared the profit in a business in the ratio 5: 7: 8. They had partnered for 14 months, 8 months and 7 months respectively. What was the ratio of their investments?
Correct answer B. 20 : 49 : 64
A, B, C subscribe Rs. 50,000 for a business. A subscribes Rs. 4000 more than B and B Rs. 5000 more than C. Out of a total profit of Rs. 35,000, A receives:
Correct answer D. Rs. 14,700
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A, B and C enter into a partnership in the ratio:: . After 4 months, A increases his share 50%. If the total profit at the end of one year be Rs. 21,600, then B’s share in the profit is:
Correct answer D. Rs. 4000