Partnerships Quiz Set 016


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Question 1

A, B and C hire a coffee vending machine. A uses it for 3 hours and prepares 19 cups, B uses it for 11 hours and prepares 6 cups and C uses it for 8 hours and prepares 7 cups. If the total rent is Rs. 358, how much should A pay?

 A

Rs. 114.

 B

Rs. 124.

 C

Rs. 104.

 D

Rs. 134.

Soln.
Ans: a

Sum of the cup-hours is 19 × 3 + 11 × 6 + 8 × 7 = 179. Share of A = ${19 × 3}/179$ × 358 = Rs. 114.


Question 2

A and B invest in a business in the ratio 2 : 9. If the total profit is Rs. 6600, what is the share of A?

 A

Rs. 1200.

 B

Rs. 1201.

 C

Rs. 1199.

 D

Rs. 1202.

Soln.
Ans: a

The profit is divided in the same ratio as their shares. So A's profit = $2/{2 + 9}$ × 6600 = Rs. 1200.


Question 3

X and Y start a venture with investments of Rs. 700 and Rs. 500. After 5 months Z joins with Rs. 600. What is Z's share in the annual profit of Rs. 18600?

 A

Rs. 4200.

 B

Rs. 4300.

 C

Rs. 4100.

 D

Rs. 4400.

Soln.
Ans: a

Sum of the money months is 700 × 12 + 500 × 12 + 600 × 7 = 18600. Share of Z = ${600 × 7}/18600$ × 18600 = Rs. 4200.


Question 4

A and B invest in a business in the ratio 7 : 16. If the total profit is Rs. 13800, what is the share of A?

 A

Rs. 4200.

 B

Rs. 4201.

 C

Rs. 4199.

 D

Rs. 4202.

Soln.
Ans: a

The profit is divided in the same ratio as their shares. So A's profit = $7/{7 + 16}$ × 13800 = Rs. 4200.


Question 5

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. 6000, and the time for which they invested was in the ratio 3:5:4?

 A

Rs. 2500.

 B

Rs. 2600.

 C

Rs. 2400.

 D

Rs. 2700.

Soln.
Ans: a

The amounts are same but times are different. So the share should be in the ratio of times. Share of B = $5/{3 + 5 + 4}$ × 6000 = Rs. 2500.


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This Blog Post/Article "Partnerships Quiz Set 016" 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

Posted by Parveen(Hoven),
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