Partnership - Questions and Answers
Practice questions on Partnership.
Ready to test your skills?
Take a timed mock test specifically for Partnership.
11. A,B,C subscribe Rs. 47000 for a business. A subscribes Rs. 7000 more than B and B Rs. 5000 more than C. Out of a total profit of Rs.9400, B receives:
Explanation: ANSWER : Rs. 3000
12. A and B invest in business in the ratio 3 :2. If the 5% of the total profit goes to charity and A?s share is Rs. 855, total profit is:
Explanation: ANSWER : Rs. 1500
13. Three partners A,B,C invest Rs. 26000. Rs. 34000 and Rs. 10000 respectively in a business. Out of a profit of Rs. 3500, B�s share is :
Explanation: ANSWER : Rs.1700
14. If 6 (A�s capital) = 8 (B�s capital) =10 (C�s capital), then the ratio of their capital is:
Explanation: ANSWER : 20:15:42
15. 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. 18000, C� share is :
Explanation: ANSWER : Rs.6000