Partnership Questions and Answers

This Article consist of most important ” Partnership Questions and Answers ” that are mostly asked in all competitive exams. We collected these questions from the students who appeared in exams. Now try to solve these questions.

Partnership Questions and Answers

 

Question : 1    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. 6000
B. 9000
C. 9500
D. 11000

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Correct Answer :   B
Explanation :
Let B’s capital be Rs. x. Then, 3500 * 12 / 7x = 2/3 ⇔ 14 x = 126000 ⇔ x = 9000.

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Question : 2    A and B started a business with initial investments in the ratio 14 : 15 and their annual profits were in the ratio 7 : 6. If A invested the money for 10 months, for how many months did B invest his money?

A. 2
B. 4
C. 10
D. 8

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Correct Answer :   D
Explanation :
Suppose A invested Rs. 14x for 10 months and B invested Rs. 15x for y months. Then,
14x * 10 / 15x * y = 7/6 ⇒ y = 840 / 105 = 8
Hence, B invested the money for 8 months

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Question : 3    A and B are partners in a business. A contributes 1/4 of the capital for 15 months and B received 2/3 of the profit. For how long B’s money was used?

A. 4 months
B. 6 months
C. 8 months
D. 10 months

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Correct Answer :   D
Explanation :
Let the total profit be Rs. z. Then,
B’ share = Rs. 2z/3, A’s share = Rs. [z – 2z/3] = Rs. z/3
∴ A : B = z/3 : 2z/3 = 1 : 2.
Let the total capital be Rs. x and suppose B’s money was used for x months. Then,
[1/4 x * 15] / [3/4 x * y] = 1/2 ⇔ y = [15 * 2 / 3] = 10.
Thus, B’s money was used for 10 months

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Question : 4    Albert started a business investing Rs. 45,000. After 3 months, peter joined him with a capital of Rs. 60,000. After another 6 months, Ronald joined them with a capital of Rs. 90,000. At the end of the year, they made a profit of Rs. 16,500. Find the share of each.

A. 3300
B. 4400
C. 5500
D. 6600

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Correct Answer :   A
Explanation :
Clearly, Albert invested his capital for 12 months, Peter for 9 months and Ronald for 3 months.
So, ratio of their capitals = (45000 * 12) : (60000 * 9) : (90000 * 3)
= 540000 : 540000 : 270000 = 2:2:1.
∴ Alfred’s share = Rs. [16500 * 2/5] = Rs. 6600;
Peter’s share = Rs. [16500 * 2/5] = Rs. 6600;
Ronald’s share = Rs. [16500 * 1/5] = Rs. 3300.

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Question : 5    surface area of cuboid 22 cm. by 12 cm by 7.5 cm.is

A. 1980 cm^2
B. 2076 cm^2
C. 1038 cm^2
D. none of these

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Correct Answer :   C
Explanation :
Surface area = 2( 22 * 12 8 7.5 + 22 * 7.5 ) = 1038 cm^2

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