Partnership

Partnership Worksheet-1

1. 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?

(a) 3 : 4              (b) 3 : 5              (c) 15 : 23          (d) 17 : 23

(e) None of these

2. Anand and Deepak started a business investing Rs. 22,500 and Rs. 35,000 respectively. Out of a total profit of Rs. 13,800, Deepak's share is:

(a) Rs. 5400      (b) Rs. 7200     (c) Rs. 8400     (d) Rs. 9600

Partnership Worksheet-2

1. A, B and C enter into a partnership. A initially invests Rs. 25 lakhs and adds another Rs. 10 lakhs after one year. B initially invests Rs. 35 lakhs and withdraws Rs. 10 lakhs after 2 years and C invests Rs. 30 lakhs. In what ratio should the profits be divided at the end of 3 years?

(a) 10 : 10 : 9                                 (b) 20 : 20 : 19

(c) 20 : 19 : 18                               (d) None of these

Partnership Worksheet-3

1. In a business, A and C invested amounts in the ratio 2 : 1, whereas the ratio between amounts invested by A and B was 3 : 2. If Rs. 1,57,300 was their profit, how much amount did B receive?

(a) Rs. 24,200                               (b) Rs. 36,300

(c) Rs. 48,400                               (d) Rs. 72,600

2. A and B started a partnership business investing some amount in the ratio of 3 : 5. C joined them after six months with an amount equal to that of B. In what proportion should the profit at the end of one year be distributed among A, B and C?

(a) 3 : 5 : 2                                     (b) 3 : 5 : 5