Practice test

Partnership - Test Set 2

Review 5 exam-focused questions with detailed explanations, then start the interactive test when you are ready.

5 questions

Questions and explanations

  1. Question 1

    A, B and C invested capitals in the ratio 3 : 4 : 8. At the end of the business period, they received profits in the ratio 2 : 3 : 5. What is the ratio of their time invested?
    1. 16 : 18 : 15
    2. 13 : 18 : 15
    3. 16 : 21 : 18
    4. 15 : 16 : 13
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  2. Question 2

    A starts a business with Rs. 75,000 and B joins the business 5 months later with an investment of Rs. 80,000. After 1 year, they earn a profit of Rs. 4,08,800. Find the share of A and B?
    1. 2,52,000 and 1,56,800
    2. 2,50,000 and 1,58,800
    3. 2,48,000 and 1,60,800
    4. 2,49,500 and 1,59,300
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  3. Question 3

    A and B start a business. A invests 3313% of the total capital and B invests the remaining. If the total profit at the end of the year is Rs. 1,62,000, then B's share is:
    1. 1,08,000
    2. 1,12,000
    3. 1,20,000
    4. 54,000
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  4. Question 4

    Three partners shared the profit in a business in the proportion of 9 : 8 : 11. They invested their capitals for 4 months, 6 months and 18 months, respectively. What was the ratio of their capitals?
    1. 81 : 16 : 66
    2. 27 : 16 : 66
    3. 81 : 48 : 22
    4. 27 : 48 : 22
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  5. Question 5

    Ram starts a business with Rs. 700. After 5 months Amit and Patel joined him with Rs. 300 and Rs. 400 respectively. At the end of the year, the business gave a profit of Rs. 627. Find the share of Patel in the profit.
    1. Rs. 132
    2. Rs. 127
    3. Rs. 145
    4. Rs. 156
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