Partnerships MCQs

Welcome to our comprehensive collection of Multiple Choice Questions (MCQs) on Partnerships, a fundamental topic in the field of Aptitude. Whether you're preparing for competitive exams, honing your problem-solving skills, or simply looking to enhance your abilities in this field, our Partnerships MCQs are designed to help you grasp the core concepts and excel in solving problems.

In this section, you'll find a wide range of Partnerships mcq questions that explore various aspects of Partnerships problems. Each MCQ is crafted to challenge your understanding of Partnerships principles, enabling you to refine your problem-solving techniques. Whether you're a student aiming to ace Aptitude tests, a job seeker preparing for interviews, or someone simply interested in sharpening their skills, our Partnerships MCQs are your pathway to success in mastering this essential Aptitude topic.

Note: Each of the following question comes with multiple answer choices. Select the most appropriate option and test your understanding of Partnerships. You can click on an option to test your knowledge before viewing the solution for a MCQ. Happy learning!

So, are you ready to put your Partnerships knowledge to the test? Let's get started with our carefully curated MCQs!

Partnerships MCQs | Page 1 of 2

Discover more Topics under Aptitude

Q1.
A 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

Discuss
Answer: (b).Rs. 1500
Q2.
A, 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

Discuss
Answer: (b).Rs. 2660
Q3.
A, 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

c.

Rs. 3600

d.

Rs. 4000

Discuss
Answer: (d).Rs. 4000
Q4.
A, B, C subscribe Rs. 50,000 for a business. A subscribes Rs. 4000 more than B and B Rs. 5000 more than C. Out of a total profit of Rs. 35,000, A receives:

a.

Rs. 8400

b.

Rs. 11,900

c.

Rs. 13,600

d.

Rs. 14,700

Discuss
Answer: (d).Rs. 14,700
Q5.
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 investments?

a.

5 : 7 : 8

b.

20 : 49 : 64

c.

38 : 28 : 21

d.

None of these

Discuss
Answer: (b).20 : 49 : 64
Q6.
A 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

Discuss
Answer: (d).Rs. 9000
Q7.
A 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

Discuss
Answer: (a).Rs. 330
Q8.
A 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

Discuss
Answer: (c).6 : 10 : 5
Q9.
A, 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

Discuss
Answer: (a).Rs. 45
Q10.
A 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

Discuss
Answer: (a).Rs. 7500
Page 1 of 2