Partnership(Quantitative Aptitude ) Questions and answers for exam Preparation

Quantitative Aptitude

PARTNERSHIP MCQs

Partnership Business, Partnerships

Total Questions : 369 | Page 9 of 37 pages

Question 81. A, B and C share the profit in the ratio of 2 : 3 : 7. If the average gain is Rs. 8000, then B's share is ?

Rs. 2000
Rs. 1000
Rs. 1500
Rs. 6000

Discuss Question

Answer: Option D. -> Rs. 6000

Question 82. A and B enter into a partnership with Rs. 50000 and Rs. 60000 respectively. C joins them after x months, contributing Rs. 70000 and B leaves x months before the end of the year. If they share the profit in the ratio of 20 : 18 : 21, then the value of x is = ?

Discuss Question

Answer: Option A. -> 3

Question 83. Two friends P and Q started a business investing in the ratio 5 : 6. R joined them after six months investing an amount equal to that of Q's. At the end of the year, 20% profit was earned which was equal to Rs. 98000. What was the amount invested by R?

Rs. 105000
Rs. 175000
Rs. 210000
Data inadequate
None of these

Discuss Question

Answer: Option C. -> Rs. 210000

Question 84. A, B and C invested their capitals in the ratio 3 : 4 : 6. However their share of profit are equal. The duration of their investments must be in the ratio ?

4 : 3 : 2
6 : 4 : 3
3 : 4 : 6
1 : 1 : 1

Discuss Question

Answer: Option A. -> 4 : 3 : 2

Question 85. Swati and Rajni enter into a partnership with their capitals in the ratio 5 : 6. At the end of 7 months Swati withdraws her capital. If they receive the profit in the ratio of 5 : 9, find how long was Rajni's capital used ?

10 months
12 months
14 months
None of these

Discuss Question

Answer: Option D. -> None of these

Question 86. X and Y are partners in a business. X contributed $$\frac{1}{3}$$ of the capital for 9 months and Y received $$\frac{2}{5}$$ of the profit. For how long was Y's money used in the business ?

2 months
3 months
4 months
5 months

Discuss Question

Answer: Option B. -> 3 months

Question 87. M, P and Q together started a business. M invested Rs. 6500 for 6 months, P invested Rs. 8400 for 5 months and Q invested Rs. 10000 for 3 months. M is working member for which he gets 5% of total profit extra. If the total gain is Rs. 7400, then Q's share is ?

Rs. 1900
Rs. 2100
Rs. 3200
Data are incomplete

Discuss Question

Answer: Option A. -> Rs. 1900

Question 88. A started a business by investing Rs. 50000. After 6 months B joined her by investing Rs. 75000. After its 6 months C joined with Rs. 125000. What is the ratio of profit share after 2 year among A, B and C ?

4 : 5 : 6
8 : 9 : 10
8 : 9 : 12
4 : 5 : 8

Discuss Question

Answer: Option B. -> 8 : 9 : 10

Question 89. A and B started a business with initial investments in the respective ratio of 18 : 7. After 4 months from the start of the business, A invested Rs. 2000 more and B invested Rs. 7000 more. At the end of one year, if the profit was distributed among them in the ratio of 2 : 1 respectively, what was the total initial investment with which A and B started the business ?

Rs. 50000
Rs. 25000
Rs. 150000
Rs. 75000

Discuss Question

Answer: Option A. -> Rs. 50000

Question 90. A starts a business by investing Rs. 28000. After 2 months, B joins with Rs. 20000 and after another 2 months C joins with Rs. 18000. At the end of 10 months from the start of the business, if B withdraws Rs. 2000 and C withdraws Rs. 2000, in what ratio should the profit be distributed among A, B and C at the end of the year ?

12 : 7 : 5
12 : 9 : 5
12 : 6 : 3
14 : 7 : 5

Discuss Question

Answer: Option A. -> 12 : 7 : 5