Partnership - Data Intensity 1 Multiple Questions and Answers.




21.A, B and C invests Rs.2000, Rs.3000 and Rs.4000 in a business. After one year A removed his money; B and C continued the business for one more year. If the net profit after 2 years be Rs.3200, then A’s share in the profit is?
A. Rs.1000
B. Rs.600
C. Rs.800
D. Rs.400

22.Kashif and Nadeem jointly started a business. Kashif invested three times as Nadeem did and invested his money for double time as compared to Nadeem. Nadeem earned Rs. 4000. If the gain is proportional to the money invested and the time for which the money is invested then the total gain was?
A. Rs.16000
B. Rs.20000
C. Rs.24000
D. Rs.28000

23.A is a working partner and B is a sleeping partner in the business. A puts in Rs.15000 and B Rs.25000, A receives 10% of the profit for managing the business the rest being divided in proportion of their capitals. Out of a total profit of Rs.9600, money received by A is?
A. Rs.3240
B. Rs.3600
C. Rs.3800
D. Rs.4200

24.The ratio of investments of two partners P and Q is 7:5 and the ratio of their profits is 7:10. If P invested the money for 5 months, find for how much time did Q invest the money?
A. 7 months
B. 10 months
C. 9 months
D. 11 months

25.A and B start a business jointly. A invests Rs.16000 for 8 months and B remains in the business for 4 months. Out of the total profit B claims 2/7th share. How much money is contributed by B?
A. Rs.10000
B. Rs.12800
C. Rs.6000
D. Rs.8000

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