Partnership - Questions and Answers
Practice questions on Partnership.
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21. A and B started a joint firm. 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 got Rs. 4000 as profit, the their total profit is:
Explanation: ANSWER : Rs.28000
22. A, B and c invest Rs. 2000, Rs.3000 and Rs. 4000 in a business, After one year, A removed his money but B and C continued for one more year. If the net profit after 2 years be Rs.3200, them A?s share in the Profit is:
Explanation: ANSWER : Rs. 400
23. A�s capital is equal to twice B�s capital and B�s capital is three times C�s capital. The ratio of the capital is:
Explanation: ANSWER : 6:3:1
24. karim invests Rs. 3000 for one year in a shop. How much his partner Raunaq should invest in order that the profit after one year may be in the ratio 2:3 ?
Explanation: ANSWER : Rs.45000
25. A, B and C contract a work for Rs. 550. Together A and B are to do of the work. The share of C should be:
Explanation: ANSWER : Rs.200