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Home › Grade8 › OLYMPIAD › Math Olympiad-Grade-8 › Partnership › Partnership Worksheet-4

Partnership Worksheet-4

Partnership Worksheet-4

 

  1. A and B started a business jointly. A's investment was thrice the investment of B and the period of his investment was two times the period of investment of B. If B received Rs. 4000 as profit, then their total profit is:

(a) Rs. 16,000  (b) Rs. 20,000 (c) Rs. 24,000  (d) Rs. 28,000

 

  1. A started a business with Rs. 21,000 and is joined afterwards by B with Rs. 36,000. After how many months did B join if the profits at the end of the year are divided equally?

(a) 3                    (b) 4                    (c) 5                    (d) 6

 

  1. 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?

(a) 4 months     (b) 5 months     (c) 6 months     (d) 8 months

 

  1. A starts business with Rs. 3500 and after 5 months, B joins with A as his partner. After a year, the profit is divided in the ratio 2 : 3. What is B's contribution in the capital?

(a) Rs. 7500      (b) Rs. 8000     (c) Rs. 8500      (d) Rs. 9000

 

  1. A and B start a business jointly. A invests Rs. 16,000 for 8 months and B remains  in the business for 4 months. Out of total profit, B claims of the profit. How much money was contributed by B?

(a) Rs. 10,500  (b) Rs. 11,900   (c) Rs. 12,800  (d) Rs. 13,600

 

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

(a) 5 : 7 : 8                                     (b) 28 : 49 : 64

(c) 38 : 28 : 21                              (d) None of these

 

  1. 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. 855, the total profit is:

(a) Rs. 1425                                   (b) Rs. 1500

(c) Rs. 1537.50                              (d) Rs. 1576

 

  1. A and B started a business with initial investments in the ratio 14 : 15 and their annual profits were in the ratio 7 : 6. If A invested the money for 10 months, for how many months did B invest his money?

(a) 6                    (b) 7                    (c) 8                    (d) 9

 

  1. A and B are partners in a business. A contributes of the capital for 15 months and  B received of the profit. For how long B's money was used?

(a) 6 months     (b) 9 months     (c) 10 months   (d) 1 year

 

Answer Key:

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