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Partnership Questions & Answers

Practice Probability questions affirmed by students and crafted by domain experts. Probability questions and answers have a medium weightage and are essential to achieving a high score.

Q1

Q1 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

Q2

Q2 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

Q3

Q3 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

Q4

Q4 A and B entered into partnership with capitals in the ratio 4 : 5. After 3 months, A withdrew ¼ of his capital and B withdrew ⅕ 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

Q5

Q5 A and B started a partnership business investing some amount in the ratio of 3 : 5. C joined them 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

Q6

Q6 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

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Practice Partnership Questions & Answers

The more questions a candidate answers, the better their understanding of the Partnership concepts and their ability to answer quickly and accurately.

Importance: Medium

Difficulty level: 3 out of 5 (Normal)

Examination- SSC, Banking, GMAT, GRE, SAT, CAT, etc.

Parent section: Quantitative Aptitude

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