Partnership Questions
Partnership questions deal with sharing business profits among people who invest different amounts of money for different periods. Learn capital-time ratios and profit distribution methods through exam-oriented questions and solutions.
10 questions
- X, Y, and Z are three partners whose profit-sharing ratio is 5:7:8. Had they invested their capital for 14 months, 8 months, and 7 months, respectively, what would their initial…
- A, B, and C enter into a partnership in which A's capital is used for 5 months, and he claims 1/7 of the profit. B's capital is used for 7…
- In a partnership, P, Q and R invested ₹50,000, ₹60,000 and ₹70,000 respectively. If the total profit is ₹24,000, how much will Q receive?
- A started a business with ₹30,000. B joined after 6 months with ₹40,000. At the end of the year, what is the profit-sharing ratio?
- A, B, and C start a business. A invests ₹5000 for 12 months, B ₹4000 for 9 months, and C ₹3000 for 6 months. If the total profit is ₹380000,…
- A started a business with ₹30,000. B joined after 5 months with ₹40,000. At the end of the year, the total profit was ₹80,000. What is the share of A?
- A and B started a business with investments of ₹5000 and ₹4000, respectively. After 6 months, A added ₹1000 and B added ₹x. If the profit ratio is 11:18, find…
- In a partnership, A invested Rs. 75,000, B invested Rs. 1,00,000, and C invested Rs. 1,50,000. After 1 year, B withdrew Rs. 20,000 from his capital. At the end of…
- A, B, and C started a business. A contributed Rs. 12,000, B contributed Rs. 15,000, and C contributed Rs. 18,000. After 6 months, B withdrew Rs. 5,000, while C added…
- A, B, and C invest in a business with their capitals in the ratio 2:3:4. After 6 months, A increases his capital by 50%. At the end of 2 years,…