Partnerships
Hand Out - 2
1.
A and B enter into a partnership and together
start a toy business with contributions of Rs 25,000 and Rs 30,000
respectively. After 5 months C joins them with a capital
of Rs 60,000. After 8 months B withdraws his capital.
Find the share of C in the annual profit of Rs 28,800.
a) Rs
7,200 b) Rs 6,500
c) Rs
12,600 d) Rs 9,000
2.
A and B invest in the ratio 5:6
respectively.After 7 months C enters the business with the
investment of the capital equal to double that of B. What will be the ratio of profits
of A,B, and C at the end of the year?
a) 5:6:5 b) 6:7:4
c) 8:5:3 d) 7:5:8
3.
A, B, and C started a business with
investments of Rs 9,800, Rs 4,900, and Rs 6,300 respectively. At the end of the
year, there was a profit of Rs 36,000. C invested 58% of his share in the
business. The remaining profit with C is
a) Rs
6,264 b) Rs 3,528
c) Rs
7,056 d) Rs 4,536
4.
A and B started a business with Rs
48000 and Rs 60000 respectively. Investments done by both A and B
are for different periods. If the total profit is Rs 72000, what is the profit
of A?
A) Rs
32000 b) Rs 64000
c) Rs
18000 d) Data inadequate
5.
The capitals of P and Q are in the ratio of
3:4 and the periods of their investments are in the ratio of 5:6. In which
ratio should the profit be shared?
a) 8:5 b) 5:8
c) 3:5 d) 2:3
6.
6) The investments of
P and Q in business are in the ratio of 7:3. They shared the profit in the
ratio of 7:9. Find the ratio of periods of their investments.
a) 3:5 b) 1:1
c) 3:1 d) 1:3
7.
7) A,B and C invest in
a partnership business in the ratio of 5:7:2 and the ratio of their shares in
the profit is 10:21:8. What is the ratio of their periods of investments?
a) 1:4:2 b) 2:3:4
c) 3:2:2 d) 4:1:2
8.
Sharma and Varma started a partnership business.
Sharma invested 2/3 of the total capital for 15 months, and Varma got 2/5th of
the total profit. For how long Varma’s capital was used?
a) 12
months b) 14 months
c) 18
months d) 20 months
9.
A and B jointly invested money in the ratio
of 5:8 in a business. After 8 months, A withdrew his investment. If the profit
is distributed in the ratio of 5:12, then for how much time has B invested his
money?
a) 1 year b) 9 months
c) 8
months d) 6 months
10.
P started a business with Rs 90,000 and was
joined afterward by Q with Rs 1,08,000. When did Q join, if the profit at the
year-end was shared in the ratio 10:9?
a) After
4 months b) After 9
months
c) After
3 months d) After 7 months
11.
A started a business with Rs 56,000 and after
4 months B joined the business. What was the capital of B, if the profits at
the end of the year were divided equally?
a) Rs
84,000 b) Rs 90,000
c) Rs
72,000 d) Rs 70,000
12.
A started a business with Rs 48,000 and was
joined afterward by B with Rs 72,000. At the end of the year, B got 1/3 of the
total profit. For how much time has B invested his money?
a) 2
months b) 3 months
c) 4
months d) 9 months
13.
P received Rs 2,400 as his share out of the
total annual profit of Rs 3,600. If P invested Rs 24,000 for 6 months, whereas
Q invested his amount for the whole year, what was the amount invested by Q?
a) Rs
9,000 b) Rs 18,000
c) Rs
14,000 d) Rs 6,000
14.
A and B start a business jointly. A invests
Rs 18,000 for 7 months and
B remains in the business for 6 months. Out of the total profit, B claims 8/15
of the profit. How much money was contributed by B?
a) Rs.
10,000 b) Rs. 12,600
c) Rs.
24,000 d) Rs 18,000
15.
A and B invest in a business in the ratio of
5:3. If 20% of the total profit goes to charity and A's share is Rs. 4,000,
then the total profit is :
a) Rs.
10,000 b) Rs. 8,000
c) Rs.
7,500 d) Rs. 6,400
16.
A and B invested Rs 49,000 and Rs 21,000
respectively in a business. If 25% of the total profit goes to charity and B’s
share is Rs 2,700, the total profit is
a) Rs
14,000 b) Rs 13,400
c) Rs
12,000 d) Rs 12,500
17.
A is working and B is a sleeping partner in a
business. A puts in Rs 49,000 and B invests Rs 70,000. A receives 15% of the
profits for management, the rest is being divided proportionally to their
capital. Out of a total profit of Rs 20,000, the money received by A is :
a) Rs.
10,000 b) Rs. 9,600
c) Rs.
10,500 d) Rs 11,500
18.
P and Q started a business with a capital of
Rs 57,000 and Rs 95,000 respectively. P was a working partner. At the end of
the year, they got Rs 93,000 and Rs 55,000 respectively. Find the salary of P
per month.
a) Rs
7,500 b) Rs 6,000
c) Rs
5,000 d) Rs 4,000
19.
The capital of A and B in business are Rs
72,000 and Rs 1,08,000 respectively. A was a sleeping partner. At the end of
the year, they got Rs 36,000 and Rs 1,50,000 respectively. Find the salary of B
per month.
a) Rs
8,000 b) Rs 7,500
c) Rs
5,000 d) Rs 6,000
20.
A, B, and C invest their capital into a
partnership business in the following manner: A invests 1/3rd of the
capital for 5/6th of the time. B invests 1/5th of the capital for 3/4th of
the time and C invests the remaining capital for the whole time. If the profit
earned is Rs 48,300, how much should A get?
a) Rs
15,000 b) Rs 25,200
c) Rs
8,100 d) Rs 10,800
21.
Sudheer, Ravi, and Ram started a partnership
business with investments in the ratio 5:6:8. Ram is a working partner. So Ram
gets remuneration in the profit for running the business. The total profit
obtained was Rs 44,000. Sudheer gets Rs 10,000 in the remaining profit. What is
the remuneration of Ram?
a) Rs
8,500 b) Rs 12,000
c) Rs
6,000 d) Rs 9,000
22.
Ram and Venkat entered into a partnership
business with a capital of Rs 8,000 and Rs 12,000 respectively. After 8 months,
they both invested Rs 4,000 each. Find the difference between their shares in
the annual profit of Rs 10,200.
a) Rs
1,200 b) Rs 1,800
c) Rs
1,200 d) Rs 3,600
23.
A,B, and C invested Rs 27,000. Rs 18,000 and
Rs 45,000 respectively. In the total profit, each of them takes an amount equal
to 10% of their capital from the profit, and the remaining profit is shared
among them in proportion to their capital. Find the total share of B and C
together in the total profit of Rs 57,000.
a) Rs
42,150 b) Rs 35,300
c) Rs
33,600 d) Rs 39,900
24.
P, Q, and R are partners of a company. During
a particular year, P received 1/4th of the profit, B received 1/5th of
the profit and R received the remaining Rs 22,000. How much did P receive?
a) Rs
8,000 b) Rs 10,000
c) Rs
12,000 d) Rs 18,000
25.
A started a business with an investment of Rs
25,000. After 6 months from the start of the business B and C joined with Rs
40,000 and Rs 20,000 respectively and after 2 more months A invested Rs 5000
more. If the difference between the shares of A and C in the annual profit was
Rs 30,000, then what would be the total profit earned?
a) Rs
56000 b) Rs 1,02,000
c) Rs
84000 d) Rs 90000
