Explore topic-wise MCQs in Partnership Quiz.

This section includes 5 Mcqs, each offering curated multiple-choice questions to sharpen your Partnership Quiz knowledge and support exam preparation. Choose a topic below to get started.

1.

Rocky, Molly and Monty invest Rs. 20,000, 20,000 and 30,000 respectively for a business at the start of a year. They continued with same investment till 6 months. In the remaining months Rocky keeps on removing Rs. 2000, Molly keeps on adding Rs. 1000 while Monty keeps on removing Rs. 3000 every month. If the total profit is Rs. 336000, then what is the share of Molly?

A. Rs. 160000
B. Rs. 116000
C. Rs. 126000
D. Rs. 166000
E. Rs. 168000
Answer» C. Rs. 126000
Discussion
2.

Sudhir and Tushar invested Rs. x and Rs. 3x respectively in a business. The time periods of Sudhir and Tushar is in the ratio 2:3. If the profit share of Tushar is Rs. 270000, then find the total profit if they continue the business for 3 more years?

A. Rs. 330000
B. Rs. 660000
C. Rs. 1320000
D. Rs. 1640000
E. Rs. 1240000
Answer» D. Rs. 1640000
Discussion
3.

Two friends A and B invest in a business in partnership. B borrows 20% of A’s salary, combines it with 60% of his salary and invests with A, who puts all of his remaining salary. One year later the ratio of profit of A and B is 5 : 3 respectively and B returns Rs. 21000 to A which he borrowed from him. What is the difference between salary of A and B?

A. Rs. 33000
B. Rs. 56000
C. Rs. 60000
D. Rs. 28000
E. None of these
Answer» C. Rs. 60000
Discussion
4.

Amit and Aarnav invest Rs. 30,000 and Rs. 20,000 respectively for a business at the start of a year. In each of the next six months after the first month Amit keeps on adding Rs. 1000 while Aarnav keeps on removing Rs. 1000. In the remaining months Amit keeps on removing Rs. 1000 while Aarnav keeps on adding Rs. 1000 every month. Akhil joined them with Rs. 55,000 three months after the start and continued till the end of the year. What will be the difference in the shares of Akhil and Amit after a year if the total profit at the end of the year is Rs. 219000?

A. Rs. 18800
B. Rs. 19800
C. Rs. 19100
D. Rs. 16800
E. Rs. 17600
Answer» C. Rs. 19100
Discussion
5.

Dholak and Tabla entered in a partnership business in which Tabla invested Rs. 50,000. At the end of 4 months Tabla withdrew Rs. 7500 and at the end of another 5 months he again withdrew Rs. 9000. Dholak had left his investment intact, then what was his investment if at the end of one – year he received 40% of the total profit?

A. Rs. 27500
B. Rs. 32000
C. Rs. 28500
D. Rs. 31500
E. None of these
Answer» D. Rs. 31500
Discussion