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Sunday 15 June 2014

PROBLEMS ON PARTERNERSHIP

1. 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. 1425
B. Rs. 1500
C. Rs. 1537.50
D. Rs. 1576
Ans - B

2.  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. 1900
B. Rs. 2660
C. Rs. 2800
D. Rs. 2840
Ans - B

3. A, B and C enter into a partnership in the ratio 7/2 : 4/3 : 6/5. 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:
A. Rs. 2100
B. Rs. 2400
C. Rs. 3600
D. Rs. 4000
Ans - D

4. 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:
A. Rs. 8400
B. Rs. 11,900
C. Rs. 13,600
D. Rs. 14,700
Ans - D

5. 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. 5 : 7 : 8
B. 20 : 49 : 64
C. 38 : 28 : 21
D. None of these
Ans - B

6. A starts business with Rs. 3500 and after 5 months, B joins with A as his partner. After a year, the profit is divided in the ratio 2 : 3. What is B's contribution in the capital?
A. Rs. 7500
B. Rs. 8000
C. Rs. 8500
D. Rs. 9000
Ans - D

7. A and B entered into partnership with capitals in the ratio 4 : 5. After 3 months, A withdrew 1/4  of his capital and B withdrew 1/5 of his capital. The gain at the end of 10 months was Rs. 760. A's share in this profit is:
A. Rs. 330
B. Rs. 360
C. Rs. 380
D. Rs. 430
Ans - A

8. 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. 3 : 5 : 2
B. 3 : 5 : 5
C. 6 : 10 : 5
D. Data inadequate
Ans - C

9.  A, B, C rent a pasture. A puts 10 oxen for 7 months, B puts 12 oxen for 5 months and C puts 15 oxen for 3 months for grazing. If the rent of the pasture is Rs. 175, how much must C pay as his share of rent?
A. Rs. 45
B. Rs. 50
C. Rs. 55
D. Rs. 60
Ans - A

10. 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. 9000
C. Rs. 9500
D. Rs. 10,000
Ans - A

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