Partnership Questions And Answers.


1.A, B and C enter into a partnership. They invest Rs. 40,000, Rs. 80,000 and Rs. 1,20,000 respectively. At the end of the first year, B withdraws Rs. 40,000, while at the end of the second year, C withdraws Rs. 80,000. In what ratio will the profit be shared at the end of 3 years?
A. 2:03:04
B. 3:02:04
C. 3:02:01
D. 3:04:07

2.A began a business with Rs. 85,000. He was joined afterwards by B with Rs. 42,500. For how much period does B join, if the profits at the end of the year are divided in the ratio of 3 : 1?
A. 4 months
B. 5 months
C. 6 months
D. 8 months

3.A, B and C enter into a partnership. They invest Rs. 40,000, Rs. 80,000 and Rs. 1,20,000 respectively. At the end of the first year, B withdraws Rs. 40,000, while at the end of the second year, C withdraws Rs. 80,000. IN what ratio will the profit be shared at the end of 3 years?
A. 2:03:05
B. 3:04:07
C. 4:05:09
D. None of these

4.Ameen started a business investing Rs. 70,000. Rahim joined him after six months with an amount of Rs. 1,05,000 and sameer joined them with Rs. 1.4 lakhs after another six months. The amount of profit earned should be distributed in what ratio among Ameen, Rahim and Sameer respectively, 3 years after Ameen started the business?
A. 7:06:10
B. 12:15:16
C. 42:45:56
D. Cannot be determined

5.A and B started business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, C joined them with Rs. 20,000. What will be B’s share in the total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business?
A. Rs. 7500
B. Rs. 9000
C. Rs. 9500
D. Rs. 10,000