Explore topic-wise MCQs in Partnership.

This section includes 10 Mcqs, each offering curated multiple-choice questions to sharpen your Partnership knowledge and support exam preparation. Choose a topic below to get started.

1.

Rupam and Ankita invest in a business in the ratio (3 : 2. ) If (5 )% of the total profit goes to charity and Rupam's share is (Rs. 855, ) the total profit is:

A. Rs. 1425
B. Rs. 1500
C. Rs. 1537.50
D. Rs. 1576
Answer» C. Rs. 1537.50
Discussion
2.

P and Q invested in a business. They earned some profit which they divided in the ratio of 2:3. If P invested Rs.30000, the amount invested by Q is

A. Rs 40000
B. Rs 35000
C. Rs 45000
D. Rs 50000
E. E.
Answer» D. Rs 50000
Discussion
3.

A & B partner in a business , A contribute 1/4 of the capital for 15 months & B received 2/3 of the profit . For how long B s money was used

A. 8
B. 6
C. 10
D. 7
E. None
Answer» D. 7
Discussion
4.

X, Y and Z enter into a partnership and theirs shares are in the ratio 1/2 : 1/3 : 1/4. After two months, X withdraws half of his capital and after 10 months, a profit of Rs.420 is divided among them. What is Y s share?

A. Rs 180
B. Rs 165
C. Rs 160
D. Rs 195
E. None
Answer» D. Rs 195
Discussion
5.

Naveen and Kannan jointly started a business. Naveen invested four times as Kannan did and invested his money for double time as compared to Kannan. Kannan earned Rs. 5400. Then the total gain was ?

A. Rs 45000
B. Rs 48600
C. Rs 52000
D. Rs 55500
E. None
Answer» C. Rs 52000
Discussion
6.

M and N are partners in a firm out of which M is sleeping partner and N is working partner. M invests Rs. 1,80,000 and N invests Rs. 90,000. N receives 14.5% of profit for managing the business and the rest is shared between both in ratio of their investments. M s share in the profit of Rs. 24000 is ?

A. Rs 10100
B. Rs 11500
C. Rs 12520
D. Rs 13680
E. None
Answer» E. None
Discussion
7.

P start a business with Rs. 10000, Q joins him after 2 month with 20% more investment than P, after 2 month R joins him with 40% less than Q. If the profit earned by them at the end of the year is equal to the twice of the difference between investment of P and ten times the investment of R. Find the profit of Q ?

A. Rs 35500
B. Rs 42000
C. Rs 38000
D. Rs 41100
E. None
Answer» D. Rs 41100
Discussion
8.

A, B and C started a business where their initial capital was in the ratio of 4:5:6. At the end of 8 months, A invested an amount such that his total capital became half to C s initial capital investment. If the annual profit of B is Rs. 7500 then what is the total profit ?

A. Rs 22000
B. Rs 18000
C. Rs 20000
D. Rs 19500
E. None
Answer» D. Rs 19500
Discussion
9.

The investment of A is twice as that of B and thrice as that of C. B invested for twice the months than A and thrice the months than C. Who will earn the highest profit?

A. B
B. C
C. A
D. Both A and B
E. Both B and C
Answer» E. Both B and C
Discussion
10.

A, B and C start a business and their investments are in the ratio 4 : 3 : 6. Both A and B starts the business and C joins them after 6 months. It was decided that C will get a monthly salary of Rs 600 from the annual profits. C s total salary came out to be 10% of the annual profit after a year. What is the share of B in the total profits?

A. Rs 8500
B. Rs 9720
C. Rs 9650
D. Rs 10100
E. None
Answer» C. Rs 9650
Discussion