Thursday, May 2, 2019

Partnerships, MCQ (Free PDF)

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1. X and Y invest Rs.21000 and Rs.17500 respectively in a business. At the end of the year, they
make a profit of Rs.26400. What is the share of X in the profit?
A. Rs.14400
B. Rs.26400
C. Rs.12000
D. Rs.12500
Answer : Option A

2. X starts a business with Rs.45000. Y joins in the business after 3 months with Rs.30000. What will
be the ratio in which they should share the profit at the end of the year?
A. 1:2
B. 2:1
C. 1:3
D. 3:1
Answer : Option B

3. Suresh started a business with Rs.20,000. Kiran joined him after 4 months with Rs.30,000. After 2
months, Suresh withdrew Rs.5,000 of his capital and 2 more months later, Kiran brought in Rs.20,000 more. What should be the ratio in which they should share their profits at the end of the year?
A. 21:32
B. 32:21
C. 12:17
D. 17:12
Answer : Option A

4. Kamal started a business with Rs.25000 and after 4 months, Kiran joined him with Rs.60000. Kamal received Rs.58000 including 10% of profit as commission for managing the business. What amount did Kiran receive?
A. 75000
B. 70000
C. 72000
D. 78000
Answer : Option C

5. A and B started a partnership business investing Rs. 20,000 and Rs. 15,000 respectively. C joined
them with Rs. 20,000 After six months. Calculate B's share in total profit of Rs. 25,000 earned at the
end of 2 years from the starting of the business?
A. 7500
B. 8500
C. 9000
D. 8000
Answer : Option A

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