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partnership MCQs

Practise focused partnership questions with marked answers for exam preparation and subject revision.

partnership Mcqs
1. A, B and C enter into partnership. A invests some money at the beginning, B invests double the amount after 6 months, and C invests thrice the amount after 8 months. If the annual gain be Rs.18000. As share is?
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A. Rs.7200

B. Rs.5750

C. Rs.6000

D. Rs.7500

2. 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 Saneenas share in the profit?
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A. Rs. 14,000

B. Rs. 10,250

C. Rs. 9423

D. None of these

E. Rs. 12,500

3. Two persons A and B take a field on rent. A puts on it 21 horses for 3 months and 15 cows for 2 months; B puts 15 cows for 6months and 40 sheep for 7 1/2 months. If one day, 3 horses eat as much as 5 cows and 6 cows as much as 10 sheep, what part of the rent should A pay?
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A. 1/3 rd

B. 2/5 th

C. 2/3 rd

D. 1/5 th

4. 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?
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A. 3: 4 : 7

B. 3:02:04

C. 2:03:04

D. 3:02:01

5. X and Y started a business with capitals Rs. 20000 and Rs. 25000. After few months Z joined them with a capital of Rs. 30000. If the share of Z in the annual profit of Rs. 50000 is Rs. 14000, then after how many months from the beginning did Z join?
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A. 6

B. 7

C. 3

D. None of these

E. 4

6. A, B and C rents a pasture for Rs.870. A put in 12 horses for 8 months, B 16 horses for 9 months and 18 horses for 6 months. How much should C pay?
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A. Rs.270

B. Rs.380

C. Rs.215

D. Rs.185

7. A, B and C are partners in a business. Their capitals are respectively, Rs.5000, Rs.6000 and Rs.4000. A gets 30% of the total profit for managing the business. The remaining profit is divided among three in the ratio of their capitals. In the end of the year, the profit of A is Rs.200 more than the sum of the profits of B and C. Find the total profit.
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A. Rs.3000

B. Rs.4500

C. Rs.5200

D. Rs.1800

8. A, B and C invests Rs.2000, Rs.3000 and Rs.4000 in a business. After one year A removed his money; B and C continued the business for one more year. If the net profit after 2 years be Rs.3200, then As share in the profit is?
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A. Rs.600

B. Rs.1000

C. Rs.800

D. Rs.400
9. 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?
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A. 4:05:09

B. 2:03:05

C. 3:4:7

D. None of these

10. The ratio of investments of two partners P and Q is 7:5 and the ratio of their profits is 7:10. If P invested the money for 5 months, find for how much time did Q invest the money?
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A. 10 months

B. 9 months

C. 7 months

D. 11 months

11. A, B and C invested Rs.6300, Rs.4200 and Rs.10500 respectively, in a partnership business. Find the share of A in profit of Rs.12100 after a year?
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A. Rs.2840

B. Rs.5600

C. Rs.3630

D. Rs.3200

12. A and B began business with Rs.3000 and Rs.4000 after 8 months, A withdraws Rs.1000 and B advances Rs.1000 more. At the end of the year, their profits amounted to Rs.630 find the share of A.
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A. Rs.340

B. Rs.240

C. Rs.350

D. Rs.390

13. 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?
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A. 42:45:56

B. None of these

C. 12:15:16

D. Cannot be determined

E. 7:06:10

14. A, B, C and D enter into partnership. A subscribes 1/3 of the capital B 1/4, C 1/5 and D the rest. How much share did A get in a profit of Rs.2460?
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A. Rs.615

B. Rs.740

C. Rs.820

D. Rs.480

15. A and B start a business with Rs.6000 and Rs.8000 respectively. Hoe should they share their profits at the end of one year?
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A. 3:4

B. 2:05

C. 1:02

D. 3:07

16. Anees and Raees started a business investing Rs. 22,500 and Rs. 35,000 respectively. Out of a total profit of Rs. 13,800, Raeess share is:________?
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A. Rs. 9600

B. Rs. 7200

C. Rs. 5400

D. Rs. 8400
17. A and B starts a business with Rs.8000 each, and after 4 months, B withdraws half of his capital . How should they share the profits at the end of the 18 months?
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A. 23:12

B. 22:13

C. 18:11

D. 11:09

18. 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:
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A. Rs. 11,000, Rs. 14,000, Rs. 15,500

B. Rs. 11,500, Rs. 13,000, Rs. 16,000

C. Rs. 10,500, Rs. 13,500, Rs. 16,500

D. Rs. 11,500, Rs. 12,500, Rs. 16,500

19. A, B and C are entered into a partnership. A invested Rs.6500 for 6 months, B invested Rs.8400 for 5 months and C invested for Rs.10000 for 3 months. A is a working partner and gets 5% of the total profit for the same. Find the share of C in a total profit of Rs.7400.
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A. 8600

B. 1900

C. 1750

D. 10300

20. 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 Bs share in the total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business?
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A. Rs. 9500

B. Rs. 7500

C. Rs. 9000

D. None of these

E. Rs. 10,000

21. P and Q started a business with respective investments of Rs. 4 lakhs and Rs. 10 lakhs. As P runs the business, his salary is Rs. 5000 per month. If they earned a profit of Rs. 2 lakhs at the end of the year, then find the ratio of their earnings?
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A. 2:05

B. 3:05

C. 1 : 1

D. 5:02

E. None of these

22. 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?
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A. 8 months

B. 6 months

C. 5 months

D. 4 months

23. A, B, C together started a business. A invested Rs.6000 for 5 months B invested Rs.3600 for 6 months and C Rs.7500 for 3 months. If they get a total profit of Rs.7410. Find the share of A?
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A. Rs.3000

B. Rs.2160

C. Rs.3200

D. Rs.3750

24. A and B start a business, with A investing the total capital of Rs.50000, on the condition that B pays A interest @ 10% per annum on his half of the capital. A is a working partner and receives Rs.1500 per month from the total profit and any profit remaining is equally shared by both of them. At the end of the year, it was found that the income of A is twice that of B. Find the total profit for the year?
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A. 50000

B. 59000

C. 58000

D. 53000

25. A began business with Rs.45000 and was joined afterwards by B with Rs.5400. When did B join if the profits at the end of the year were divided in the ratio of 2:1?
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A. 7 months

B. 4 months

C. 6 months

D. 9 months

26. A and B put in Rs.300 and Rs.400 respectively into a business. A reinvests into the business his share of the first years profit of Rs.210 where as B does not. In what ratio should they divide the second years profit?
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A. 39:40

B. 40:39:00

C. 4:03

D. 3:04

27. A and B enter into partnership with capital as 7:9. At the end of 8 months, A withdraws. If they receive the profits in the ratio of 8:9 find how long Bs capital was used?
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A. 6 months

B. 8 months

C. 10 months

D. 7 months
28. A and B start a business jointly. A invests Rs.16000 for 8 months and B remains in the business for 4 months. Out of the total profit B claims 2/7th share. How much money is contributed by B?
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A. Rs.12800

B. Rs.10000

C. Rs.6000

D. Rs.8000

29. 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?
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A. Rs. 3690

B. Rs. 1883.78

C. Rs. 3864

D. Rs. 2380
30. A is a working partner and B is a sleeping partner in the business. A puts in Rs.15000 and B Rs.25000, A receives 10% of the profit for managing the business the rest being divided in proportion of their capitals. Out of a total profit of Rs.9600, money received by A is?
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A. Rs.3800

B. Rs.3600

C. Rs.4200

D. Rs.3240

31. A started a business with an investment of Rs. 70000 and after 6 months B joined him investing Rs. 120000. If the profit at the end of a year is Rs. 52000, then the share of B is?
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A. Rs. 26000

B. None of these

C. Rs. 28000

D. Rs. 30000

E. Rs. 24000
32. A, B and C started a business with capitals of Rs. 8000, Rs. 10000 and Rs. 12000 respectively. At the end of the year, the profit share of B is Rs. 1500. The difference between the profit shares of A and C is?
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A. None of these

B. Rs. 400

C. Rs. 500

D. Rs. 300

E. Rs. 600
33. A and B invests Rs.10000 each, A investing for 8 months and B investing for all the 12 months in the year. If the total profit at the end of the year is Rs.25000, find their shares?
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A. Rs.8000, Rs.17000

B. Rs.18000, Rs.7000

C. Rs.9000, Rs.16000

D. Rs.10000, Rs.15000
34. 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?
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A. 17:23

B. 15:23

C. 3:04

D. None of these

E. 3:05

35. A and B invests Rs.3000 and Rs.4000 respectively in a business. If A doubles his capital after 6 months. In what ratio should A and B divide that years profit?
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A. 9:10

B. 9:8

C. 3:04

D. 39:49:00

36. A and B entered into a partnership investing Rs.25000 and Rs.30000 respectively. After 4 months C also joined the business with an investment of Rs.35000. What is the share of C in an annual profit of Rs.47000?
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A. Rs.14000

B. Rs.17000

C. Rs.18000

D. Rs.15000

37. Four car rental agencies A, B, C and D rented a plot for parking their cars during the night. A parked 15 cars for 12 days, B parked 12 cars for 20 days, C parked 18 cars for 18 days and D parked 16 cars for 15 days. If A paid Rs. 1125 as rent for parking his cars, what is the total rent paid by all the four agencies?
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A. Rs. 6150

B. Rs. 4500

C. Rs. 5250

D. Rs. 4800

E. None of these

38. A, B and C are partners. A receives 2/3 of profits, B and C dividing the remainder equally. As income is increased by Rs.200 when the rate to profit rises from 5 to 7 percent. Find the Capital of B?
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A. Rs.2450

B. Rs.3600

C. Rs.3100

D. Rs.2500
39. A and B rent a pasture for 10 months. A put in 80 cows for 7 months. How many can B put in for the remaining 3 months, if he pays half as much again as A?
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A. 180

B. 200

C. 280

D. 120

40. If 6 (As capital) = 8 (Bs capital) = 10 (Cs capital). Then the ratio of their capitals is:
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A. 3:04:05

B. 6:08:10

C. 12:15:20

D. 20:15:12
41. Three persons invested Rs.9000 in a joint business. The second person invested Rs.1000 more than the first and the third Rs.1000 more than second. After two years, they gained Rs.5400. How much third person will get?
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A. Rs.3600

B. Rs.2850

C. Rs.2000

D. Rs.2400
42. A and B invests Rs.8000 and Rs.9000 in a business. After 4 months, A withdraws half of his capital and 2 months later, B withdraws one-third of his capital. In what ratio should they share the profits at the end of the year?
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A. 20:23

B. 34:43:00

C. 32:45

D. 37:45:00

43. In a partnership between A, B and C. As capital is Rs.5000. If his share of a profit of Rs.800 is Rs.200 and Cs share is Rs.130, what is Bs capital?
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A. Rs.10250

B. Rs.6250

C. Rs.11750

D. Rs.3250

44. Kashif and Nadeem jointly started a business. Kashif invested three times as Nadeem did and invested his money for double time as compared to Nadeem. Nadeem earned Rs. 4000. If the gain is proportional to the money invested and the time for which the money is invested then the total gain was?
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A. Rs.24000

B. Rs.28000

C. Rs.20000

D. Rs.16000

45. A starts business with a capital of Rs.1200 B and C join with some investments after 3 and 6 months respectively. If the end of a year, the profit is divided in the ratio 2:3:5 respectively. What is Bs investment in the business?
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A. Rs.2400

B. Rs.6000

C. Rs.1800

D. Rs.3600