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:
Rs. 1425
Rs. 1500
Rs. 1537.50
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.
Rs. 1900
Rs. 2660
Rs. 2800
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?
5 : 7 : 8
20 : 49 : 64
38 : 28 : 21
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:
Rs. 330
Rs. 360
Rs. 380
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?
3 : 5 : 2
3 : 5 : 5
6 : 10 : 5
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?
Rs. 45
Rs. 50
Rs. 55
Rs. 60
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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