Partnership - Data Intensity 1 Multiple Questions and Answers.




16.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 Find the total profit for the year?
A. 53000
B. 58000
C. 50000
D. 59000

17.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. 34:43:00
C. 32:45:00
D. 37:45:00

18.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

19.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. 11:09

20.A and B start a business with Rs.6000 and Rs.8000 respectively. Hoe should they share their profits at the end of one year?
A. 1:02
B. 3:04
C. 2:05
D. 3:07

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