MCQs on Partnership for Bank, Railway, Staff Selection, MPSC, Talathi and other Recruitment Exams
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. 1400
(b) Rs. 1500
(c) Rs. 1600
(d) Rs. 1700
Ans- (b)
A, B and C jointly thought of engaging themselves in a business venture. It was agreed that A would invest Rs. 6500 for 6 months, B, Rs. 8400 for 5 months and C, Rs. 10,000 for 3 months. A wants to be the working member for which, he was to receive 5% of the profits. The profit earned was Rs. 7400. Calculate the share of B in the profit.
(a) Rs. 2660
(b) Rs. 2460
(c) Rs. 2360
(d) Rs. 2760
Ans-(a)
A and B started a business by investing money in ratio of 5:6. C joined them after few months by sharing an amount equal to B’s share. At the end of year 20% profit was earned which was equal equal to Rs 98,000. How much money was invested by C ?
(a) Rs. 1,10,000
(b) Rs. 3,10,000
(c) Rs. 2,10,000
(d) Rs. 4,10,000
Ans-(c)
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?
(a) 20:49:64
(b) 20:64:49
(c) 64:20:49
(d) 64:49:20
Ans-(a)
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. What is the share of B in the profit f Rs. 4600.
(a) Rs. 1200
(b) Rs. 800
(c) Rs. 1000
(c) Rs. 900
Ans-(b)
A , B , C contract a work for Rs .1100.A and B together are to do 7/11 of the work . What is C’s share ?
(a) Rs. 500
(b) Rs. 600
(c) Rs. 400
(d) Rs. 700
Ans-(c)
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) 5:6:8
(b) 5:6:7
(c) 6:9:11
(d) 5:6:10
Ans-(d)
A and B are partners in a business. A contributes 1/4 of the capital for 15 months and B received 2/3 of the profit. For how long B’s money was used ?
(a) 4 months
(b) 10 months
(c) 9 months
(d) 11 months
Ans-(b)
A and B started a partnership business investing some amount in the ratio of 3 : 5. C joined then after six months with an amount equal to that of B. In what proportion should the profit at the end of one year be distributed among A, B and C?
(a) 5:2:3
(b) 5:5:3
(c) 6:10:5
(d) 5:4:3
Ans-(c)
A and B started a business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, C joined them with Rs. 20,000. What will be B’s share in total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business?
(a) Rs. 7500
(b) Rs. 8500
(c) Rs. 6500
(d) Rs. 9500
Ans- (a)
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