Concept review · Arithmetic - Ratio, Proportion & Variation · 15 questions

CRE 4 - Partnership

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Q1 MULTIPLE CHOICE

Ankush and Vishal started a business by investing Rs. 3000 and Rs. 5000 respectively. At the end of the year they earned a profit of Rs. 1600. Find the share of Vishal in the total profit.

Q2 MULTIPLE CHOICE

Ankush and Vishal started a business by investing Rs. 3000 each. Ankush left the business after 7 months and withdrew his entire investment while Vishal stayed in the business till the end. At the end of the year they earned a profit of Rs. 3800. Find the share of Ankush in the total profit.

Q3 MULTIPLE CHOICE

Ankush and Vishal started a business by investing Rs. 3000 and Rs. 5000 respectively. Ankush left the business after 7 months and withdrew his entire investment while Vishal stayed in the business till the end. At the end of the year they earned a profit of Rs. 5400. Find the difference between the profit received by the two.

Q4 MULTIPLE CHOICE

Three partners shared the profit in a business in the ratio 5 : 8 : 7. They had partnered for 14 months, 7 months and 8 months respectively. What was the ratio of their investments?

Q5 MULTIPLE CHOICE

Ankush starts business with Rs. 10,500 and after 5 months, Vishal joins with Ankush as his partner. After a year, the profit is divided in the ratio 2 : 3. What is B's contribution in the capital?

Q6 MULTIPLE CHOICE

A and B invest in a business in the ratio 3 : 2. If 5% of the total profit goes to charity and A's share is Rs. 1710, the total profit is:

Q7 MULTIPLE CHOICE

A, B and C jointly engaged themselves in a business venture. It was agreed that A would invest Rs. 13,000 for 6 months, B, Rs. 16,800 for 5 months and C, Rs. 20,000 for 3 months. A wants to be the working member for which, he was to receive 5% of the profits. The profit earned was Rs. 14,800. Calculate the share of B in the profit.

Q8 MULTIPLE CHOICE

A, B and C enter into a partnership in the ratio 72:43:65. After 4 months, A increases his share 50%. If the total profit at the end of one year be Rs. 43,200, then B's share in the profit is:

Q9 MULTIPLE CHOICE

A, B, C subscribe Rs. 1,00,000 for a business. A subscribes Rs. 8,000 more than B and B Rs. 10,000 more than C. Out of a total profit of Rs. 1,05,000, A receives:

Q10 MULTIPLE CHOICE

Ankush and Vishal entered into partnership with capitals in the ratio 4 : 5. After 3 months, Ankush withdrew 1/4th of his capital and Vishal withdrew 1/5th of his capital. The gain at the end of 10 months was Rs. 1520. Ankush's share in this profit is:

Q11 MULTIPLE CHOICE

Ankush and Vishal started a partnership business investing some amount in the ratio of 3 : 5. Dinesh joined them after nine months with an amount equal to twice that of Vishal. In what proportion should the profit at the end of one year be distributed among Ankush, Vishal and Dinesh?

Q12 MULTIPLE CHOICE

Ankush, Vishal, Dinesh rent a pasture. Ankush puts 10 cows for 7 months, Vishal puts 12 cows for 5 months and Dinesh puts 15 cows for 3 months for grazing. If the rent of the pasture is Rs. 1050, how much must Dinesh pay as his share of rent?

Q13 MULTIPLE CHOICE

Ankush and Vishal started a business in partnership investing Rs. 40,000 and Rs. 30,000 respectively. After six months, Dinesh joined them with Rs. 40,000. What will be Vishal's share in total profit of Rs. 50,000 earned at the end of 2 years from the starting of the business?

Q14 MULTIPLE CHOICE

A began business with Rs. 1,250 and is joined afterwards by B with Rs. 3,750. When did B join if the profits at the end of the year are divided equally.

Q15 MULTIPLE CHOICE

Nirmal and Kapil started a business investing Rs. 9,000 and Rs. 12,000 respectively. After 6 months, Kapil withdrew half of his investment. If after a year, the total profit was Rs. 4,600 what was Kapil’s share in it?