20 + Mcqs in Partnership Level 1 Page 1 McqOptions

1.	A, B and C are partners of a company. During a particular year A received one-third of the profit, B received one-fourth of the profit and C received the remaining Rs. 5,000. How much did A receive ?
A.	Rs. 5,000
B.	Rs. 4,000
C.	Rs. 3,000
D.	Rs. 1,000
E.	None of these
Answer» C. Rs. 3,000

Discussion

2.	P, Q and R invested Rs. 45k, Rs. 70k and 90k respectively to start a business. At the end of two years, they earned a profit of Rs. 164k. What will be the Q’s share in the profit?
A.	Rs. 56k
B.	Rs. 35k
C.	Rs. 72k
D.	Rs. 72k
E.	None of these
Answer» B. Rs. 35k

Discussion

3.	In a business A and C invested amounts in the ratio 2 : 1 whereas A and B invested amounts in the ratio 3 : 2. If their annual profit be Rs. 157300, then B’s share in the profit is
A.	Rs. 24200
B.	Rs. 24200
C.	Rs. 48000
D.	Rs. 48400
E.	None of these
Answer» E. None of these

Discussion

4.	At the beginning of a partnership business, the capital of B was 3/2 times that of A. after 8 months B withdrew 1/2 of his capital and after 10 months A withdrew 1/4th of his capital. At the end of the year. if the profit incurred is Rs. 53,000. Find the amount received by A.
A.	Rs. 30,800
B.	Rs. 32,000
C.	Rs. 30,000
D.	Rs. 23,000
E.	None of these
Answer» E. None of these

Discussion

5.	A and B entered into a partnership investing Rs. 16,000 and Rs. 12,000 respectively. After 3 months, A withdrew Rs. 5000 while B invested Rs. 5000 more. After 3 more months, C joins the business with a capital of Rs. 21,000. The share of B exceeds that of C, out of a total profit Rs. 26,400 after one year by :
A.	Rs. 2400
B.	Rs. 3000
C.	Rs. 3600
D.	Rs. 4800
E.	None of these
Answer» D. Rs. 4800

Discussion

6.	P & Q entered in to partenership P investingRs 8000andRs 6000respectively. After 3 months P withdrewRs 2000while Q investedRs 2000more. After 3 more months, R joins the business with a capital ofRs 11000. The share of Q exceeds that of R. Out of the a total profit ofRs 35,100after one year by.
A.	Rs 2300
B.	Rs 3600
C.	Rs 3800
D.	Rs 4200
E.	None of these
Answer» C. Rs 3800

Discussion

7.	P, Q, R hired Taxi for Rs. 680 and used it for 3, 5, 9 hours. respectively hire charges paid by Q are:
A.	Rs 100
B.	Rs 200
C.	Rs 300
D.	Rs 350
E.	None of these
Answer» C. Rs 300

Discussion

8.	P and Q enter into partnership. P invests some money at beginning, Q invests double the amount after 4 months and R invests thrice the amount after 8 months. If the annual profit beRs.32000, R's share is?
A.	Rs 12,000
B.	Rs 15,000
C.	Rs 32,000
D.	Rs 35,000
E.	None of these
Answer» F.

Discussion

9.	P and Q started a retail store with initial investments in the ratio 5 : 6 and their annual profits were in the ratio 2 : 3. If P invested the money for 8 months. For how many months did Q invest his money?
A.	5
B.	6
C.	8
D.	10
E.	None of these
Answer» E. None of these

Discussion

10.	P starts business withRs.4500 and after 9 months, Q joins with P as his partner. After a year, the profit divided in the 3 : 5. What is Q's contribution in the capital?
A.	Rs. 5,000
B.	Rs. 10,000
C.	Rs. 20,000
D.	Rs.30,000
E.	None of these
Answer» E. None of these

Discussion

11.	Ananya, Dhairya and Chintu started a business investing Rs. 10000, 15000, 18000 respectively. Ananya kept the money for whole year, Dhairya kept his entire amount for 9 months and Chintu kept his money for 7 months. If after a year, Chintu earned Rs. 2100, find the difference between the profit of Ananya and Dhairya.
A.	Rs 200
B.	Rs 250
C.	Rs 160
D.	Rs 300
E.	None of these
Answer» C. Rs 160

Discussion

12.	Saurabh, Sanjay and Shubham started a business by investing some money for equal time. Saurabh invested Rs. x, Sanjay invested 75% of Saurabh’s investment and 80% of the Shubham’s investment. Shubham earned Rs. 10500 of the total profit, Find the total profit.
A.	Rs. 35400
B.	Rs. 36200
C.	Rs. 32500
D.	Rs. 30100
E.	None of these
Answer» E. None of these

Discussion

13.	Puneet, Sumit and Amit started a business jointly investing Rs. 11 lakh, 16.5 lakh and 8.25 lakh respectively. The profit earned by them in the business at the end of three years was Rs. 19.5 lakh. What will be the half of Amit’s share in the profit?
A.	Rs 4.5 lakh
B.	Rs 2.25 lakh
C.	Rs 2.5 lakh
D.	Rs 3.75 lakh
E.	None of these
Answer» C. Rs 2.5 lakh

Discussion

14.	Pradeep invested 20% more than Manu, Manu invested 10% less than Ram. If the total sum of their investments is ₹ 14,900, how much amount did Ram invest?
A.	Rs 4950
B.	Rs 4900
C.	Rs 5000
D.	Rs 5050
Answer» D. Rs 5050

Discussion

15.	Gita started a business investing Rs. 60000. After six months Kanchan joined her with Rs. 90000. After another six months Rekha also joined them with Rs. 1.35 lakh. The profit earned at the end of 3 years when Gita started the business should be distributed among Gita, Kanchan and Rekha in the ratio of
A.	4 : 5 : 6
B.	6 : 7 : 8
C.	6 : 8 : 7
D.	6 : 5 : 4
E.	None of these
Answer» B. 6 : 7 : 8

Discussion

16.	Suresh starts a business with Rs. 36000. After a certain period of time he is joind by Deepak, who invests Rs. 27000. At the end of the year they divide the profit in the ratio of 8 : 3. For what period did Deepak join Suresh ?
A.	7 months
B.	8 months
C.	11 months
D.	10 months
E.	6 months
Answer» F.

Discussion

17.	Shubham invested Rs. 2250 in a business and after some time Shivam also join him and invested Rs. 2500. At the end of year Shivam received Rs. 2750 profit out of Rs. 6050. After how much time did he join the business?
A.	9
B.	6
C.	4
D.	8
E.	None of these
Answer» F.

Discussion

18.	X and Y invested the amount for a year in the ratio of 3:5. If the next year X invested 10% more money and Y took back 12% of his investment and X gets Rs. 3450 of the profit incurred in 2nd year. Find the total profit incurred in 2nd year.
A.	Rs. 8000
B.	Rs. 8250
C.	Rs. 8350
D.	Rs. 8050
E.	None of these
Answer» E. None of these

Discussion

19.	Mukul, Atul and Rahul started a business. Mukul invested 2/7th of the total investment and the total investment of Mukul and Atul is equals to the investment of Rahul. If they distributed profit in the capital ratio and Atul received Rs 1530, find the total profit.
A.	Rs 6550
B.	Rs 6920
C.	Rs 7140
D.	Rs 7350
E.	Rs 7560
Answer» D. Rs 7350

Discussion

20.	Azad invested Rs 55000 in a cosmetic shop for the whole year. After 4 months of Azad, Hind joined him and invested Rs 70000. Next year Azad invested Rs 10000 more and Hind withdrew Rs 10000 and at the end of two years profit earned by Azad is Rs 32375. Find the total profit if they distributed half of the total profit equally and rest in the capital ratio.
A.	Rs 89600
B.	Rs 75600
C.	Rs 52800
D.	Rs 62900
E.	None of these
Answer» E. None of these

Discussion

Explore topic-wise MCQs in Arithmetic.

A, B and C are partners of a company. During a particular year A received one-third of the profit, B received one-fourth of the profit and C received the remaining Rs. 5,000. How much did A receive ?

P, Q and R invested Rs. 45k, Rs. 70k and 90k respectively to start a business. At the end of two years, they earned a profit of Rs. 164k. What will be the Q’s share in the profit?

In a business A and C invested amounts in the ratio 2 : 1 whereas A and B invested amounts in the ratio 3 : 2. If their annual profit be Rs. 157300, then B’s share in the profit is

At the beginning of a partnership business, the capital of B was 3/2 times that of A. after 8 months B withdrew 1/2 of his capital and after 10 months A withdrew 1/4th of his capital. At the end of the year. if the profit incurred is Rs. 53,000. Find the amount received by A.

P &amp; Q entered in to partenership P investingRs 8000andRs 6000respectively. After 3 months P withdrewRs 2000while Q investedRs 2000more. After 3 more months, R joins the business with a capital ofRs 11000. The share of Q exceeds that of R. Out of the a total profit ofRs 35,100after one year by.

P, Q, R hired Taxi for Rs. 680 and used it for 3, 5, 9 hours. respectively hire charges paid by Q are:

P and Q enter into partnership. P invests some money at beginning, Q invests double the amount after 4 months and R invests thrice the amount after 8 months. If the annual profit beRs.32000, R's share is?

P and Q started a retail store with initial investments in the ratio 5 : 6 and their annual profits were in the ratio 2 : 3. If P invested the money for 8 months. For how many months did Q invest his money?

P starts business withRs.4500 and after 9 months, Q joins with P as his partner. After a year, the profit divided in the 3 : 5. What is Q's contribution in the capital?

Saurabh, Sanjay and Shubham started a business by investing some money for equal time. Saurabh invested Rs. x, Sanjay invested 75% of Saurabh’s investment and 80% of the Shubham’s investment. Shubham earned Rs. 10500 of the total profit, Find the total profit.

Puneet, Sumit and Amit started a business jointly investing Rs. 11 lakh, 16.5 lakh and 8.25 lakh respectively. The profit earned by them in the business at the end of three years was Rs. 19.5 lakh. What will be the half of Amit’s share in the profit?

Pradeep invested 20% more than Manu, Manu invested 10% less than Ram. If the total sum of their investments is ₹ 14,900, how much amount did Ram invest?

Suresh starts a business with Rs. 36000. After a certain period of time he is joind by Deepak, who invests Rs. 27000. At the end of the year they divide the profit in the ratio of 8 : 3. For what period did Deepak join Suresh ?

Shubham invested Rs. 2250 in a business and after some time Shivam also join him and invested Rs. 2500. At the end of year Shivam received Rs. 2750 profit out of Rs. 6050. After how much time did he join the business?

X and Y invested the amount for a year in the ratio of 3:5. If the next year X invested 10% more money and Y took back 12% of his investment and X gets Rs. 3450 of the profit incurred in 2nd year. Find the total profit incurred in 2nd year.

Mukul, Atul and Rahul started a business. Mukul invested 2/7th of the total investment and the total investment of Mukul and Atul is equals to the investment of Rahul. If they distributed profit in the capital ratio and Atul received Rs 1530, find the total profit.

P & Q entered in to partenership P investingRs 8000andRs 6000respectively. After 3 months P withdrewRs 2000while Q investedRs 2000more. After 3 more months, R joins the business with a capital ofRs 11000. The share of Q exceeds that of R. Out of the a total profit ofRs 35,100after one year by.