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Question 1
A, B and C start a partnership business. A invests Rs. 900 and C invests Rs. 600. What should B have invested if it wanted to earn a share of Rs. 400 in the annual profit of Rs. 800?
Question 2
A, B and C start a partnership business by investing equal amounts of money. What would be the share of B if the annual profit is Rs. 3600, and the time for which they invested are in an AP?
Rs. 1200.
Rs. 1300.
Rs. 1100.
Rs. 1400.
Ans: a
Let the times be a - d, a and a + d. The amounts are same but times are different. So the share should be in the ratio of times. Share of B = $(time of B)/(sum of times)$ × 3600 = $a/{3a}$ × 3600 = Rs. 1200.
Question 3
A and B invest in a business in the ratio 9 : 19. It was decided that any loss would be shared in the inverse ratio of the investments. If the total loss is Rs. 16800, what is the burden on A?
Question 4
A, B and C start a partnership business by investing in the ratio 4:5:3. It was agreed that (1/3)rd of the profit would be divided equally, and the remaining proportionately. What is B's share in a profit of Rs. 18000?
Question 5
It was agreed that A would invest Rs. 7000 for 1 months and B would invest Rs. 10000 for 11 months. What will be the share of A in an annual profit of Rs. 46800?
Rs. 2800.
Rs. 2900.
Rs. 2700.
Rs. 3000.
Ans: a
The profits are shared in the ratio of money-months contributed by the partners. Money-months contributed by A are 7000 × 1 = 7000, whereas those by B are 10000 × 11 = 110000. The ratio of these money-months is 7:110. This is the ratio in which the profits would be divided. A's share = 46800 × $7/{7 + 110}$ = Rs. 2800.
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This Blog Post/Article "Partnerships Quiz Set 001" by Parveen (Hoven) is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Updated on 2020-02-07. Published on: 2016-04-26