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Partnership Worksheet-1

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

 

  1. 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

 

  1. 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 an annual profit of Rs. 40,500 are:

(a) Rs. 10,500, Rs. 13,500, Rs. 16,500

(b) Rs. 11,500, Rs. 13,000, Rs. 16,000

(c) Rs. 11,000, Rs. 14,000, Rs. 15,500

(d) Rs. 11,500, Rs. 12,500, Rs. 16,500

 

  1. Reena and Shaloo are partners in a business. Reena invests Rs. 35,000 for 8 months and 5hatal invests Rs. 42,000 for 10 months. Out of a profit of Rs. 31,570, Reena's share is

(a) Rs. 9471                                   (b) Rs. 12,628

(c) Rs. 18,040                               (d) Rs. 18,942

 

  1. 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?

(a) Rs. 1883.78                             (b) Rs. 2380

(c) Rs. 3690                                  (d) Rs. 3864

 

  1. Simran started a software business by investing Rs. 50,000. After six months, Nanda joined her with a capital of Rs. 80,000. After 3 years, they earned a profit of Rs. 24,500. What was Simran's share in the profit?

(a) Rs. 9423      (b) Rs. 10250    (c) Rs. 12,500   (d) Rs. 14,000

(e) None of these

 

  1. A and B started a 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 B's share in the total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business?

(a) Rs. 7500      (b) Rs. 9000     (c) Rs. 9500      (d) Rs.  10,000

(e) None of these

 

  1. Aman started a business investing Rs. 70,000. Rakhi joined him after six months with an amount of Rs. 1,05,000 and Sagar joined them with Rs. 1.4 lakhs after another six months. The amount of profit earned should be distributed in what ratio among Aman, Rakhi and Sagar respectively, 3 years after Aman started the business?

(a) 7 : 6 : 10                                   (b) 12 : 15 : 16

(c) 42 : 45 : 56                               (d) Cannot be determined

(e) None of these

 

  1. Arun, Kamal and Vinay invested Rs. 8000, Rs. 4000 and Rs. 8000 respectively in a business. Arun left after six months. If after eight months, there was a gain of Rs. 4005, then what will be the share of Kamal?

(a) Rs. 890        (b) Rs. 1335      (c) Rs. 1602      (d) Rs. 1780

 

  1. 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?

(a) 2 : 3 : 5         (b) 3 : 4 : 7        (c) 4 : 5 : 9         (d) None of these

 

Answer Key:

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