(3 x. Y and Z starts a partnership business with a total capital of 247,000. X's investment is 27.000
more than Y and Y's is 5,000 more than Z. Find the share of each out of an annual profit of
29.400.
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Quantitative Aptitude > Partnerships > Partnership Practice Questions
Partnerships
Partnership Practice Questions
We have covered the partnership topic in our earlier articles. But in any competitive exam, you are asked questions and one needs to have enough practice to solve the questions. And that is why we are giving you enough questions for practice. Today our topic will be on partnership practice question.
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In good faith and based on the contract between partners, a partner may be expelled from the firm by __________
Directions: In this section, you are given the amount of investment and along with this the total profits are given. You are required to find the share of each investor.
1. Sonu, Monu, and Harish decided to start a new business by investing Rs. 1,20,000, Rs. 1,35,000, and Rs 1,50,000 respectively. If the total yearly profit of the business is Rs. 56,700 than what will be the share of each person?
2. Abhay and Ajay started a business by investing Rs. 85000 and Rs 15000 each. What be will the ratio of profit earned after 2 years between Abhay and Ajay respectively?
A. 3:4 B. 15:23 C. 17:23 D. None of the above
3. If X, Y, and Z enter into a business partnership by investing an amount of Rs. 35,000, Rs. 45,000, and Rs. 55,000 each. If the annual profit of the business is Rs. 40,500 each, they will be the share of each person?
4. Sanjay and Vijay invested Rs. 22,500 and Rs. 35,000 in a new car company. The total profit made by them was Rs. 13,800, then what was Vijay’s share in the profit?
A. Rs. 9600 B. Rs. 7200 C. Rs. 5400 D. Rs. 8400
5. In a particular business, X and Z invested the amounts in the ratio of 2:1, while the amount invested X and Y is 3:2. If the total profit was Rs. 1,57,300, then find the amount that Y received.
A. Rs. 36,300 B. Rs. 24,200 C. Rs. 48,400 D. Rs. 72,600
Partnership practice question
Answers:
1. Rs. 16,800, Rs. 18,900, Rs. 21,000
2. D. None of the above
3. Rs. 10,500, Rs. 13,500, Rs. 16,500
4. D. Rs. 8400
5. C. Rs. 48,400