Partnership – Aptitude MCQ Questions – 02 Posted on July 2, 2020July 5, 2020 by admin Question 1Three partners shared the profit in a business in the ratio 5 : 7 : 8. They had partnered for 14 months, 8 months and 7 months respectively. What was the ratio of their investments? A. 5 : 7 : 8 B. 20 : 49 : 64 C. 38 : 28 : 21 D. None of these Question 2A starts business with Rs. 3500 and after 5 months, B joins with A as his partner. After a year, the profit is divided in the ratio 2 : 3. What is B's contribution in the capital? A. Rs. 7500 B. Rs. 8000 C. Rs. 8500 D. Rs. 9000 Question 3A, B and C jointly thought of engaging themselves in a business venture. It was agreed that A would invest Rs. 6500 for 6 months, B, Rs. 8400 for 5 months and C, Rs. 10,000 for 3 months. A wants to be the working member for which, he was to receive 5% of the profits. The profit earned was Rs. 7400. Calculate the share of B in the profit. A. Rs. 1900 B. Rs. 2660 C. Rs. 2800 D. Rs. 2840 Question 4A and B entered into partnership with capitals in the ratio 4 : 5. After 3 months, A withdrew 1/4 of his capital and B withdrew 1/5 of his capital. The gain at the end of 10 months was Rs. 760. A's share in this profit is: A. Rs. 330 B. Rs. 360 C. Rs. 380 D. Rs. 430 Question 5A, B, C rent a pasture. A puts 10 oxen for 7 months, B puts 12 oxen for 5 months and C puts 15 oxen for 3 months for grazing. If the rent of the pasture is Rs. 175, how much must C pay as his share of rent? A. Rs. 45 B. Rs. 50 C. Rs. 55 D. Rs. 60 Question 6A and B invest in a business in the ratio 3 : 2. If 5% of the total profit goes to charity and A's share is Rs. 855, the total profit is: A. Rs. 1425 B. Rs. 1500 C. Rs. 1537.50 D. Rs. 1576 Question 7A, B and C enter into a partnership in the ratio 7/2:4/3:6/5. After 4 months, A increases his share 50%. If the total profit at the end of one year be Rs. 21,600, then B's share in the profit is: A. Rs. 2100 B. Rs. 2400 B. Rs. 2400 D. Rs. 4000 Question 8A, B, C subscribe Rs. 5,00,000 for a business. A subscribes Rs. 40,000 more than B and B Rs. 50,000 more than C. Out of a total profit of Rs. 3,50,000 A receives: A. Rs. 84,000 B. Rs. 1,19,000 C. Rs. 1,36,000 D. Rs. 1,47,000 Question 9A and B started a 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 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 Question 10A and B started a partnership business investing some amount in the ratio of 3 : 5. C joined then after six months with an amount equal to that of B. In what proportion should the profit at the end of one year be distributed among A, B and C? A. 3 : 5 : 2 B. 3 : 5 : 5 C. 6 : 10 : 5 D. Data inadequate