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. 10 months
B. 12 months
C. 3 months
D. 6 months
PartnerShip Mcqs
Math MCQs for all competitive exams like PPSC, FPSC, CSS, OTS, SPSC, ETEA, and police Constable past papers are available on Dkpoint.com, which is the best website for Partnership MCQs.
If 4 (A’s capital) = 6 (B’s capital) = 10 (C’s capital), then out of a profit of Rs. 4650, C will receive ?
A. Rs.1100
B. Rs.200
C. Rs.900
D. Rs.700
A began a business with Rs. 85,000. He was joined afterwards by B with Ks. 42,500. For how much period does B join, if the profits at the end of the year are divided in the ratio of 3 : 1 _____ ?
A. 8 months
B. 6 months
C. 4 months
D. 2 months
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. 23
B. 17
C. 76
D. 45
A, B and C enter into a partnership and their shares are in the ratio 1/2 : 1/3 : 1/4. After 2 months, A withdraws half of his capital and after 10 months, a profit of Rs. 378 is divided among them. What is B’s share ______ ?
A. 112
B. 144
C. 178
D. 235
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. 2000
B. 500
C. 1000
D. 1500
When does the direct debit to partner’s capital a/c entry made in accounts ?
A. Drawings are made
B. Interest on Drawings is charged.
C. Investment is made
D. Capital is withdrawn
What is the responsibility of partners in a partnership organisation ?
A. Limited to the capital of business
B. Limited
C. Unlimited
D. No Liability
A began a business with Rs. 85,000. He was joined afterwards by B with Rs. 42,500. For how much period does B join, if the profits at the end of the year are divided in the ratio of 3 : 1 ?
A. 8 months
B. 6 months
C. 4 months
D. 5 months
A and B rent a pasture for 10 months. A put in 80 cows for 7 months. How many can B put in for the remaining 3 months, if he pays half as much again as A ?
A. 200
B. 280
C. 120
D. 180