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Partnership Worksheet-2

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

 

  1. Shekhar started a business investing Rs. 25,000 in 1999. In 2000, he invested an additional amount of Rs. 10,000 and Rajeev joined him with an amount of Rs. 35,000. In 2001, Shekhar invested another additional amount of Rs. 10,000 and Jatin joined them with an amount of Rs. 35,000. What will be Rajeev's share in the profit of Rs. 1,50,000 earned at the end of 3 years from the start of the business in 1999?

(a) Rs. 45,000                               (b) Rs. 50,000

(c) Rs. 70,000                               (d) Rs. 75,000

(e) None of these

 

  1. 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 of Rs. 26,400 after one year by:

(a) Rs. 2400     (b) Rs. 3000     (c) Rs. 3600      (d) Rs. 4800

 

  1. A and B start a business with investments of Rs. 5000 and Rs. 4500 respectively. After 4 months, A takes out half of his capital. After two more months, B takes out one-third of his capital while C joins them with a capital of Rs. 7000. At the end of a year, they earn a profit of Rs. 5080. Find the share of each member in the profit.

(a) A - Rs. 1400, B - Rs. 1900, C - Rs. 1780

(b) A - Rs. 1600, B - Rs. 1800, C - Rs. 1680

(c) A - Rs. 1800, B - Rs. 1500, C - Rs. 1780

(d) A - Rs. 1680, B - Rs. 1600, C - Rs. 1800

(e) None of these

 

  1. A, B, C subscribe Rs. 50,000 for a business. A subscribes Rs. 4000 more than B and B Rs. 5000 more than C. Out of a total profit of Rs. 35,000, A receives:

(a) Rs. 8400     (b) Rs. 11,900   (c) Rs. 13,600   (d) Rs. 14,700

 

  1. Three partners A, B, C start a business. Twice A's capital is equal to thrice B's capital and B's capital is four times C's capital. Out of a total profit of Rs. 16,500 at the end of the year, B's share is:

(a) Rs. 4000     (b) Rs. 6000     (c) Rs. 7500      (d) Rs. 6600

 

  1. If 4 (A's capital) = 6 (B's capital) = 10 (C's capital), then out of a profit of Rs. 4650, C will receive :

(a) Rs. 465        (b) Rs. 900        (c) Rs. 1550       (d) Rs. 2250

 

  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 profit be Rs. 27,000, C's share is:

(a) Rs. 8625      (b) Rs. 9000     (c) Rs.  10,800 (d) Rs. 11,250

 

  1. A, B, C hired a car for Rs. 520 and used it for 7, 8 and 11 hours respectively. Hire charges paid by B were:

(a) Rs. 140         (b) Rs. 160        (c) Rs. 180         (d) Rs. 220

 

  1. A, B and C rent a pasture. A puts 10 oxen for 7 months, B puts 12 oxen for 5 months and C puts 15 oxen for 3 months for grazing. If the rent of the pasture is Rs. 175, how much must C pay as his share of rent?

(a) Rs. 45           (b) Rs. 50          (c) Rs. 55           (d) Rs. 60

 

Answer Key:

(1)-d; (2)-b; (3)-c; (4)-b; (5)-d; (6)-b; (7)-b; (8)-b; (9)-b; (10)-a