Quant Quiz-10 Based on Partnership

QUANT QUIZ-10 BASED ON PARTNERSHIP

1. A , B and C enter into a partnership. A invests Rs 4000 for the whole year, B puts in Rs 6000 at the first and increasing to Rs 8000 at the end of 4 months, while C puts in at first Rs 8000 but withdraw Rs 2000 at the end of 9 months. Find the profit of A at the end of year, if the total profit is Rs 16950.

a. Rs 3600             

b. Rs 6600                         

c. Rs 6750                         

d. Rs 6300

2. Three men A, B and C subscribe Rs 4700 for a business. A subscribes Rs 700 more than B and B Rs 500 more than C. How much will C receive out of a profit of Rs 423:

a. 135                                  

b. 198                                              

c. 90                                     

d. 190

3. A is a working and B is a sleeping partner in a business .A puts in Rs 5000 and B puts in Rs 6000. A receives of the profits for managing the business, and the rest is divided in proportion to their capitals. What does each get out of a profit of Rs 880      .

a. Rs. 350, Rs 420                      

b. Rs 460 , Rs 350                      

c. Rs 110, Rs. 420                      

d. Rs 460 , Rs 420

4. A and B entered into partnership with Rs 700 and Rs 600 respectively. After 3 months A withdrew 2/7 of his stock but after 3 months more he put back 3/5 of what he had withdrawn. The profits at the end of the year are Rs 726, How much of this should A receive:

a. 633                                  

b. 336                                              

c. 663                                               

d. 366

5. A , B , C pasture in the same field. A has in it 10 oxen for 7 months, B has 12 oxen for 5 months and C has 15 oxen for 3 months. The rent is Rs 17.50 .How much of the rent should each pay:

a. Rs 7, Rs 6, Rs. 4.50   

b. Rs 6,Rs. 8,Rs 3.50                 

c. Rs 7,Rs. 5,Rs 5.50                  

d. Rs 8,Rs 5,Rs 4.50

6. A and B enter into partnership investing Rs 12000 and Rs 16000 respectively. After 8 months, C also joins the business with a capital of Rs 15000. The share of C in a profit of Rs 45600 after 2 years will be:

a.  12000                            

b. 14400                             

c. 19200                             

d. 21200

7. A and B started a joint firm. A’s investment was thrice the investment of B and the period of his investment was two times the period of investment of B.B got Rs 4000 as profit for his investment. Their total profit if the distribution of profit is directly proportional to the period and amount, is:

a. Rs 24000                      

b. Rs 16000                                  

c. Rs 28000                                   

d. Rs 20000

8. Three 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 investment;

a. 5:7:8                                

b. 28:49:64                                   

c. 38:28:21                        

d. none of these

9. A invested Rs 81000 in a business. After few months, B joined him with Rs 90000. At the end of the year, the total profit was divided between them in the ratio 6:5. After how many months did B join:

a. 3 month                        

b. 4 month                        

c. 5 month                         

d. none of these

10. Reena started a software business by investing Rs 20,000.After six months, Renu joined her with a capital of Rs 40000. After 3 years, they earned a profit of Rs 24,500.what was Simran’s share in the profit:

a. 10500                             

b. 5145                                           

c. 14000                             

d. none of these

ANSWERS

1.A, 2.C, 3.D, 4.D, 5.A, 6.A, 7.C, 8.D, 9.A, 10.A,

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