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Question 1
It was agreed that A would invest Rs. 6000 for 2 months and B would invest Rs. 10000 for 10 months. What will be the share of A in an annual profit of Rs. 5600?
Rs. 600.
Rs. 700.
Rs. 500.
Rs. 800.
Ans: a
The profits are shared in the ratio of money-months contributed by the partners. Money-months contributed by A are 6000 × 2 = 12000, whereas those by B are 10000 × 10 = 100000. The ratio of these money-months is 3:25. This is the ratio in which the profits would be divided. A's share = 5600 × $3/{3 + 25}$ = Rs. 600.
Question 2
X starts a business with a capital of Rs. 4200. Some months later Y joins him with a capital of Rs. 700. For how much period does Y join if the profits are shared in the ratio 18 : 1?
4.
5.
3.
6.
Ans: a
Money-months of X are 4200 × 12 = 50400. If money-months of X are 18 then money-months of Y are 1. So, if money-months of X are 50400, money-months of Y are $1/18 × 50400$, which gives months of Y = ${1 × 50400}/{18 × 700}$ = 4 months.
Question 3
X and Y start a venture with investments of Rs. 200 and Rs. 600. After 4 months Z joins with Rs. 600. What is Z's share in the annual profit of Rs. 14400?
Question 4
P, Q and R start a venture with investments of Rs. 400, Rs. 700 and Rs. 400. After 5 months R leaves the business. What is R's share in the annual profit of Rs. 15200?
Question 5
A starts a venture with Rs. 216. After 9 months B also joins him. At the end of the year, the profits were shared in the ratio 9 : 13. What was the investment of B?
This Blog Post/Article "Partnerships Quiz Set 012" 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
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