Partnership MCQ Question with Answer
Partnership MCQ with detailed explanation for interview, entrance and competitive exams. Explanation are given for understanding.
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Question No : 1
1. A, B and C started a business by investing Rs. 1,20,000, Rs. 1,35,000 and ,Rs.1,50,000 respectively. Find the share of each, out of an annual profit of Rs. 56,700.
Question No : 2
Alfred started a business investing Rs. 45,000. After 3 months, Peter joined him with a capital of Rs. 60,000. After another 6 months, Ronald joined them with a capital of Rs. 90,000. At the end of the year, they made a profit of Rs. 16,500. Find the lire of each.
Question No : 3
A, B and C start a business each investing Rs. 20,000. After 5 months A withdrew Rs.6000 B withdrew Rs. 4000 and C invests Rs. 6000 more. At the end of the year, a total profit of Rs. 69,900 was recorded. Find the share of each.
Question No : 4
A, B and C enter into partnership. A invests 3 times as much as Band B invests two-third of what C invests. At the end of the year, the profit earned is Rs. 6600. What is the hare of B ?
Question No : 5
Four milkmen rented a pasture. A grazed 24 cows for 3 months; B 10 for 5 months; C 35 cows for 4 months and D 21 cows for 3 months. If A's share of rent is Rs. 720, find the total rent of the field.
Question No : 6
A invested Rs. 76,000 in a business. After few months, B joined him Rs. 57,000. At the end of the year, the total profit was divided between them in ratio 2 : 1. After bow many months did B join?
Question No : 7
A , B and C enter into a partnership by investing in the ratio of 3: 2: 4. After 1 year, B invests another Rs. 2,70,000 and C, at the end of 2 years, also invests Rs.2,70,000. At the end of three years, profits are shared in the ratio of 3: 4 : 5. Find initial investment of each.