Practice test

Partnership - Test Set 1

Review 20 exam-focused questions with detailed explanations, then start the interactive test when you are ready.

20 questions

Questions and explanations

  1. Question 1

    Giri and Kamal invested capital in a business in the ratio 5:7 respectively. If a total amount of Rs 1,728 was invested in the business, what was Giri's share in the business?
    1. Rs. 702
    2. Rs. 720
    3. Rs. 1,008
    4. Rs. 1,080
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  2. Question 2

    P & Q invested in a business in the ratio 5:13. Q withdrew his capital after 6 months. If they shared their profits in the ratio 25:26, then for how long was P's amount used?
    1. 15 months
    2. 12 months
    3. 18 months
    4. 8 months
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  3. Question 3

    A starts a business with a capital of Rs. 7250, and after 3 months B joins A as partner. One year after A started the business, the profits are between A and B in the ratio 8:9. Find the contribution of B in the capital?
    1. Rs. 10,250
    2. Rs. 10,500
    3. Rs. 10,000
    4. Rs. 10,875
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  4. Question 4

    'A' and 'B' invested sum of Rs. 30,000 and Rs. 24,000 respectively for one year. If they make a profit of Rs. 13,500, then find B's share in the profit?
    1. Rs. 6,000
    2. Rs. 9,450
    3. Rs. 9,000
    4. Rs. 7,500
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  5. Question 5

    Three men entered a business into partnership for 14 months, 8 months and 7 months. If the ratio of their profits is 5:7:8, what is the ratio of their investments?
    1. 20:49:64
    2. 5:4:4
    3. 28:49:64
    4. 5:7:8
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  6. Question 6

    A & B invested Rs. 42,000 and Rs. 56,000 respectively in a business. At the end of the year they earn a profit of Rs. 87,220. Then find B's share in profit?
    1. Rs. 47,240
    2. Rs. 49,840
    3. Rs. 48.480
    4. Rs. 45,620
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  7. Question 7

    In a business P invests half as much as Q and Q invests half as much as R. If Rs. 7000 monthly profit is shared between them, what will be the share of R?
    1. Rs. 2,000
    2. Rs. 3,000
    3. Rs. 1,000
    4. Rs. 4,000
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  8. Question 8

    P, Q and R jointly started a business. If each agreed that P will invest Rs. 25,000 for 6 months, Q will invest Rs. 44,000 for 5 months and R will invest Rs. 50,000 for 3 months. Out of the total profit of Rs. 1,04,000, how much amount will P receive?
    1. Rs. 30,000
    2. Rs. 27,900
    3. Rs. 40,920
    4. Rs. 33,000
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  9. Question 9

    Three partners shared the profit in a business in the ratio 8:7:5. They invested their capitals for 7 months, 8 months and 14 months respectively. What was the ratio of their capitals?
    1. 49:64:20
    2. 20:49:64
    3. 20:64:49
    4. 64:49:20
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  10. Question 10

    A and B invested sum amount in a business in the ratio 3:5. After 6 months C joins the business by investing an amount equal to B. In what ratio should the annual profit be shared among A, B and C?
    1. 3:5:6
    2. 6:10:5
    3. 6:7:5
    4. 3:5:4
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  11. Question 11

    A, B and C entered into a partnership by investing in the ratio of 5:5:8. After 1 year A additionally invests Rs. 4,900 and B withdraws Rs. 3,700. Now, the ratio of investment changes to 5:4:7. What amount did A invest initially? (In Rs.)
    1. Rs. 38,100
    2. Rs. 38,300
    3. Rs. 38,200
    4. Rs. 38,400
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  12. Question 12

    Mohan, Meena and Madhav enter into a partnership by investing Rs. 3,000, Rs. 2,000 and Rs. 5,000 respectively. Find the share of the given names in the order given in the annual profit of Rs. 5,600.
    1. Rs. 1,752, Rs. 1,168, Rs. 2,680
    2. Rs. 1,680, Rs. 1,120, Rs. 2,800
    3. Rs. 1,480, Rs. 1,320, Rs. 2,800
    4. Rs. 1,680, Rs. 1,240, Rs. 2,680
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  13. Question 13

    A, B and C shared a business. They entered into partnership of 6 months, 12 months and 14 months respectively. If their profits are in the ratio 5:4:7 respectively, then the ratio of their respective investments is
    1. 5:2:3
    2. 2:3:5
    3. 2:3:7
    4. 1:5:3
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  14. Question 14

    Ren and Martin started a company on 1st March, 2019. The ratio of their investments was 5:4. Martin left the company after 15 months in what ratio should the profit be divided at the end of 2 years?
    1. 2:1
    2. 29:19
    3. 24:15
    4. 1:3
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  15. Question 15

    A started a business with a capital of Rs. 4,50,000. After 3 months B joins him with a certain capital amount. At the end of one year after A started the business profits were shared in the ratio 3:2. How much did B invest? (in Rs.)
    1. 3,20,000
    2. 4,20,000
    3. 3,60,000
    4. 4,00,000
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  16. Question 16

    P, Q and R invested in a business in the ratio of 7 : 8 : 5. They get an annual profit of Rs. 83600. If P and R have withdrawn their money in 3 months and 7 months respectively, then find the difference between the profit shares of P and R.
    1. Rs. 7700
    2. Rs. 8800
    3. Rs. 7500
    4. Rs. 8400
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  17. Question 17

    Shayam started a business by investing Rs. 50,000. Six months later, Raju joined him and invested an amount of Rs. 1,00,000. In one year of Shayam 's investment, he made a profit of Rs. 63,000, what is Raju's share in the profit?
    1. Rs. 32,500
    2. Rs. 31,000
    3. Rs. 32,000
    4. Rs. 31,500
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  18. Question 18

    X, Y and Z enter into a partnership. X contributes one-third of the whole capital while Y contributes as much as X and Z together contribute. If the investment is Rs. 93,000, how much would Z receive? (in Rs.)
    1. 16,000
    2. 15,500
    3. 42,000
    4. 15,000
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  19. Question 19

    A and B invested their money in a business in the ratio of 9 : 5. If 10% of the total profit goes for charity and A's share in Rs. 29,840, what is the total profit (in Rs.)
    1. Rs. 51,745
    2. Rs. 55,715
    3. Rs. 57,545
    4. Rs. 51,575
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  20. Question 20

    A, B and c did certain investments and the ratio of their time periods is 3 : 2 : 7 respectively. Ratio of the profits of A, B and C is 4 : 3 : 14 respectively. What is the ratio of the investments of A, B and C?
    1. 1 : 3 : 4
    2. 7 : 9 : 11
    3. 8 : 9 : 12
    4. 2 : 3 : 11
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