Partnership MCQs with answers PDF for Mathematics. Includes Partnership MCQs PDF download and Problems on Partnership MCQs. Basic Math MCQs for all competitive exams like PPSC, FPSC, CSS, OTS, SPSC, ETEA, and police constable past papers.
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 monthsB’s 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.
(1(x) / 4 * 15) / (3x) / 4 * y) = 1/2 <=> y = (15 * 2 / 3) = 10If 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.700Let 4A = 6B = 1OC = k. Then, A = k/4, B = k/6, and C =k/10
A : B :C = k/4 : k/6 : k/10 = 15 : 10 : 6
Hence, C’s share (4650 * 6/31) = Rs, 900.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 monthsSuppose B joined for x months . Then, ( 85000 * 12 )/(42500 * x) = 3. or x = (85000 * 12) / (42500 * 3) = 8.
So, B joined for 8 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. 45C’s rent = Rs.(175×9/35)
=Rs. 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. 235A : B : C = (6x * 2 + 3x * 10) : (4x * 12) : (3x * 12) = 42 : 48 : 36 = 7 : 8 : 6.
B’s share = Rs. (378 * 8/21) = Rs. 144.
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
After paying to charity, A’s share = (95*3/5) = Rs. 57.
If A’s share is Rs. 57, total profit = Rs. 100
If A’s share is Rs. 855, total profit = (100/57*855) = 1500When 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 withdrawnWhat is the responsibility of partners in a partnership organisation ?
A. Limited to the capital of business
B. Limited
C. Unlimited
D. No LiabilityA 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 monthsA 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. 180Explanation:
80* 7: x* 3 = 1:1 1/2
560: 3x = 2: 3
x = 280