Partnership: Test 2

10 questions · 15 minutes · scoring and calculator rules shown before you begin

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Partnership Test 2: questions and answers

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  1. 1. A and B invest Rs. 40,000 and Rs. 30,000 in a business. If the total profit at the end of the year is Rs. 10,500, find A's share.
    1. Rs. 4,500
    2. Rs. 6,525
    3. Rs. 6,000
    4. Rs. 5,475

    Reference: q-92618864-130 · Report this question

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    Answer: C. Rs. 6,000

    Profit is shared in the ratio 4 : 3. A's share = 4/7 × 10,500 = Rs. 6,000.
  2. 2. A, B and C share a profit of Rs. 44,400 in the ratio 3 : 4 : 5. Find C's share.
    1. Rs. 16,280
    2. Rs. 14,800
    3. Rs. 18,500
    4. Rs. 11,100

    Reference: q-c5a9fd2-80 · Report this question

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    Answer: C. Rs. 18,500

    Sum of ratio terms = 12. C's share = 5/12 × 44,400 = Rs. 18,500.
  3. 3. A starts a business with Rs. 60,000. After 8 months B joins with Rs. 70,000. If the profit at the end of the year is Rs. 35,000, find B's share.
    1. Rs. 25,200
    2. Rs. 11,550
    3. Rs. 15,050
    4. Rs. 9,800

    Reference: q-117b0568-145 · Report this question

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    Answer: D. Rs. 9,800

    A's money was used for 12 months and B's for 4 months. Ratio = 6 × 12 : 7 × 4 = 18 : 7. B's share = Rs. 9,800.
  4. 4. A invests Rs. 8,000 for 9 months and B invests Rs. 8,000 for 8 months. In what ratio should they share the profit?
    1. 17 : 16
    2. 8 : 9
    3. 9 : 8
    4. 1 : 1

    Reference: q-7f1f6b0c-115 · Report this question

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    Answer: C. 9 : 8

    Profit ratio = (8 × 9) : (8 × 8) = 72 : 64 = 9 : 8.
  5. 5. A and B invest Rs. 30,000 and Rs. 70,000 in a business. If the total profit at the end of the year is Rs. 29,000, find A's share.
    1. Rs. 20,300
    2. Rs. 5,800
    3. Rs. 8,700
    4. Rs. 10,150

    Reference: q-21aa011e-130 · Report this question

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    Answer: C. Rs. 8,700

    Profit is shared in the ratio 3 : 7. A's share = 3/10 × 29,000 = Rs. 8,700.
  6. 6. A, B and C share a profit of Rs. 26,000 in the ratio 2 : 3 : 5. Find C's share.
    1. Rs. 5,200
    2. Rs. 13,000
    3. Rs. 15,600
    4. Rs. 7,800

    Reference: q-8367110c-80 · Report this question

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    Answer: B. Rs. 13,000

    Sum of ratio terms = 10. C's share = 5/10 × 26,000 = Rs. 13,000.
  7. 7. A starts a business with Rs. 70,000. After 3 months B joins with Rs. 50,000. If the profit at the end of the year is Rs. 47,300, find B's share.
    1. Rs. 21,230
    2. Rs. 30,800
    3. Rs. 23,595
    4. Rs. 16,500

    Reference: q-ce247b88-145 · Report this question

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    Answer: D. Rs. 16,500

    A's money was used for 12 months and B's for 9 months. Ratio = 7 × 12 : 5 × 9 = 28 : 15. B's share = Rs. 16,500.
  8. 8. A invests Rs. 9,000 for 12 months and B invests Rs. 3,000 for 8 months. In what ratio should they share the profit?
    1. 9 : 2
    2. 3 : 2
    3. 3 : 1
    4. 2 : 9

    Reference: q-9800b306-116 · Report this question

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    Answer: A. 9 : 2

    Profit ratio = (9 × 12) : (3 × 8) = 108 : 24 = 9 : 2.
  9. 9. A and B invest Rs. 40,000 and Rs. 80,000 in a business. If the total profit at the end of the year is Rs. 10,500, find A's share.
    1. Rs. 7,000
    2. Rs. 3,500
    3. Rs. 2,975
    4. Rs. 4,550

    Reference: q-7adc28c5-130 · Report this question

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    Answer: B. Rs. 3,500

    Profit is shared in the ratio 1 : 2. A's share = 4/12 × 10,500 = Rs. 3,500.
  10. 10. A, B and C share a profit of Rs. 14,400 in the ratio 3 : 4 : 5. Find C's share.
    1. Rs. 3,600
    2. Rs. 6,000
    3. Rs. 6,720
    4. Rs. 4,800

    Reference: q-a27fc317-80 · Report this question

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    Answer: B. Rs. 6,000

    Sum of ratio terms = 12. C's share = 5/12 × 14,400 = Rs. 6,000.

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