Partnership Mcqs for Preparation

A, B and C enter into a partnership. They invest Rs. 40,000, Rs. 80,000 and Rs. 1,20,000 respectively. At the end of the first year, B withdraws Rs. 40,000, while at the end of the second year, C withdraws Rs. 80,000. In what ratio will the profit be shared at the end of 3 years?

A. 2 : 3 : 4
B. 3 : 2 : 4
C. 3: 2 : 1
D. 3: 4 : 7

A began a business with Rs. 85,000. He was joined afterwards by B with Rs. 42,500. For how much period does B join, if the profits at the end of the year are divided in the ratio of 3 : 1?

A. 4 months
B. 5 months
C. 6 months
D. 8 months

A, B and C enter into a partnership. They invest Rs. 40,000, Rs. 80,000 and Rs. 1,20,000 respectively. At the end of the first year, B withdraws Rs. 40,000, while at the end of the second year, C withdraws Rs. 80,000. IN what ratio will the profit be shared at the end of 3 years?

A. 2:3:5
B. 3:4:7
C. 4:5:9
D. None of these
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Ameen started a business investing Rs. 70,000. Rahim joined him after six months with an amount of Rs. 1,05,000 and sameer joined them with Rs. 1.4 lakhs after another six months. The amount of profit earned should be distributed in what ratio among Ameen, Rahim and Sameer respectively, 3 years after Ameen started the business?

A. 7:6:10
B. 12:15:16
C. 42:45:56
D. Cannot be determined
E. None of these
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A and B started business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, C joined them with Rs. 20,000. What will be B’s share in the total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business?

A. Rs. 7500
B. Rs. 9000
C. Rs. 9500
D. Rs. 10,000
E. None of these
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Sameena started a software business by investing Rs. 50,000. After six months, Nida joined her with a capital of Rs. 80,000. After 3 years, they earned a profit of Rs. 24,500. What was Saneena’s share in the profit?

A. Rs. 9423
B. Rs. 10,250
C. Rs. 12,500
D. Rs. 14,000
E. None of these
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Kamal started a business investing Rs. 9000. After five months, Sameer joined with a capital of Rs. 8000. If at the end of the year, they earn a profit of Rs. 6970, then what will be the share of Sameer in the profit?

A. Rs. 1883.78
B. Rs. 2380
C. Rs. 3690
D. Rs. 3864
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A, B, C enter into a partnership investing Rs. 35,000, Rs. 45,000 and Rs. 55,000 respectively. The respective shares of A, B, C in annual profit of Rs. 40,500 are:

A. Rs. 10,500, Rs. 13,500, Rs. 16,500
B. Rs. 11,500, Rs. 13,000, Rs. 16,000
C. Rs. 11,000, Rs. 14,000, Rs. 15,500
D. Rs. 11,500, Rs. 12,500, Rs. 16,500
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Anees and Raees started a business investing Rs. 22,500 and Rs. 35,000 respectively. Out of a total profit of Rs. 13,800, Raees’s share is:________?

A. Rs. 5400
B. Rs. 7200
C. Rs. 8400
D. Rs. 9600
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P and Q started a business investing Rs. 85,000 and Rs. 15,000 respectively. In what ratio the profit earned after 2 years be divided between P and Q respectively?

A. 3:4
B. 3:5
C. 15:23
D. 17:23
E. None of these
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