Partnership MCQs | StudySprintX

P and Q started a business with respective investments of Rs. 4 lakhs and Rs. 10 lakhs. As P runs the business, his salary is Rs. 5000 per month. If they earned a profit of Rs. 2 lakhs at the end of the year, then find the ratio of their earnings?

A. 2 : 5

B. 5 : 2

C. 3 : 5

D. 1 : 1

E. None of these

Partnership · Easy · 3 weeks ago

Four car rental agencies A, B, C and D rented a plot for parking their cars during the night. A parked 15 cars for 12 days, B parked 12 cars for 20 days, C parked 18 cars for 18 days and D parked 16 cars for 15 days. If A paid Rs. 1125 as rent for parking his cars, what is the total rent paid by all the four agencies?

A. Rs. 4500

B. Rs. 4800

C. Rs. 5250

D. Rs. 6150

E. None of these

Partnership · Easy · 3 weeks ago

A started a business with an investment of Rs. 70000 and after 6 months B joined him investing Rs. 120000. If the profit at the end of a year is Rs. 52000, then the share of B is?

A. Rs. 28000

B. Rs. 24000

C. Rs. 30000

D. Rs. 26000

E. None of these

Partnership · Easy · 3 weeks ago

A, B and C started a business with capitals of Rs. 8000, Rs. 10000 and Rs. 12000 respectively. At the end of the year, the profit share of B is Rs. 1500. The difference between the profit shares of A and C is?

A. Rs. 300

B. Rs. 400

C. Rs. 500

D. Rs. 600

E. None of these

Partnership · Easy · 3 weeks ago

A and B start a business, with A investing the total capital of Rs.50000, on the condition that B pays A interest @ 10% per annum on his half of the capital. A is a working partner and receives Rs.1500 per month from the total profit and any profit remaining is equally shared by both of them. At the end of the year, it was found that the income of A is twice that of B. Find the total profit for the year?

A. 53000

B. 58000

C. 50000

D. 59000

Partnership · Easy · 3 weeks ago

A and B invests Rs.8000 and Rs.9000 in a business. After 4 months, A withdraws half of his capital and 2 months later, B withdraws one-third of his capital. In what ratio should they share the profits at the end of the year?

A. 20:23

B. 34:43

C. 32:45

D. 37:45

Partnership · Easy · 3 weeks ago

A and B invests Rs.10000 each, A investing for 8 months and B investing for all the 12 months in the year. If the total profit at the end of the year is Rs.25000, find their shares?

A. Rs.8000, Rs.17000

B. Rs.9000, Rs.16000

C. Rs.18000, Rs.7000

D. Rs.10000, Rs.15000

Partnership · Easy · 3 weeks ago

A and B starts a business with Rs.8000 each, and after 4 months, B withdraws half of his capital . How should they share the profits at the end of the 18 months?

A. 18:11

B. 22:13

C. 23:12

D. 11:9

Partnership · Easy · 3 weeks ago