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Partnership Test - 1

  • Remaining Timing :-

(1). A, B and C invested capital in the ratio 3 : 5 : 2; the timing of their investments being in the ratio 1 : 3 : 5. In what ratio would their profit be distributed?

  • (a). 15 : 2 : 1
  • (b). 1 : 2 : 10
  • (c). 3 : 15 :10
  • (d). Data inadequate
  • (e). None of these
Answer : 3 : 15 :10

Explanation:

(2). A, B and C invested capital in the ratio 1 : 2 : 3; the timing of their investments being in the ratio 3 : 2 : 1. In what ratio would their profit be distributed?

  • (a). 3 : 4 : 3
  • (b). 1 : 2 : 1
  • (c). 3 : 5 :1
  • (d). Data inadequate
  • (e). None of these
Answer : 3 : 4 : 3

Explanation:

(3). A, B and C invested capital in the ratio 4 : 3 : 12. At the end of the business term, they received the profits in the ratio 2 : 1 : 5. Find the ratio of time for which they contribute their capital?

  • (a). 4 : 3 : 2
  • (b). 6 : 4 : 5
  • (c). 2 : 1 :8
  • (d). Data inadequate
  • (e). None of these
Answer : 6 : 4 : 5

Explanation:

(4). A, B and C invested capital in the ratio 3 : 5 : 2 respectively. At the end of the business term, they received the profits in the ratio 4 : 7 : 5 respectively. Find the ratio of time for which they contribute their capital?

  • (a). 10 : 6 : 2
  • (b). 3 : 4 : 15
  • (c). 40 : 42 :75
  • (d). Data inadequate
  • (e). None of these
Answer : 40 : 42 :75

Explanation:

(5). A, B and C invest their capitals in a business. If the ratio of their periods of investments are 4 : 5 : 2 and their profits are in the ratio of 3 : 2 : 5 . Find the ratio in which the investments are made by A, B and C.

  • (a). 50 : 8 : 15
  • (b). 15 : 8 : 50
  • (c). 4 : 2 :7
  • (d). Data inadequate
  • (e). None of these
Answer : 15 : 8 : 50

Explanation:

(6). A, B and C started a business by investing Rs.40500, Rs. 45000 and Rs. 60000 respectively. After 6 months C withdrew Rs. 15000 while A invested Rs. 4500 more. In annual profit of Rs.56100, the share of C will exceed that of A by

  • (a). Rs. 900
  • (b). Rs.1100
  • (c). Rs. 3000
  • (d). Rs. 3900
  • (e). None of these
Answer : Rs. 3900

Explanation:

(7). A, B and C started a business with investment in the ratio 5 : 6 : 8 respectively. After one year C withdrew 50% of his capital and A increased his capital by 60% of his investment. After two years in what ratio should the earned profit be distributed among A, B and C respectively?

  • (a). 2:3:3
  • (b). 4:3:2
  • (c). 13:12:12
  • (d). Cannot be determined
  • (e). None of these
Answer : 13:12:12

Explanation:

(8). A started a business with a capital of Rs. 1,00,000. One year later, B joined him with a capital of Rs 2,00,000. At the end of 3 years from the start of the business, the profit earned was 84.000. The share of B in the profit exceeded the share of A by

  • (a). Rs. 10,000
  • (b). Rs. 12,000
  • (c). Rs. 14,000
  • (d). Rs. 15,000
  • (e). None of these
Answer : Rs. 12,000

Explanation:

(9). A, B, C enter into a partnership. A contributes Rs. 3,20,000 for 4 months, B contributes Rs. 5,10,000 for 3 months and C contributes Rs. 2,70,000 for 5 months. If the total profit be Rs.1,24,800, then A`s share in the profit is

  • (a). Rs. 38,400
  • (b). Rs. 45,900
  • (c). Rs. 40,500
  • (d). Rs. 41,500
  • (e). None of these
Answer : Rs. 38,400

Explanation:

(10). A began business with Rs. 45000 and was joined afterwards by B with Rs. 54000. After how many months did B join if the profits at the end of the year were divided in the ratio 2 : 1 ?

  • (a). 4
  • (b). 5
  • (c). 3
  • (d). 7
  • (e). None of these
Answer : 7

Explanation: