(Study Material) Combined Graduate Level Exam - Tier - II : Partnership

Partnership (MCQ )

1. A, B and C started a business. A invests 1/2 capital for 1/4 time, B invests 1/8 of capital for 1/2 time and C invests the remaining capital for whole time. Find the share of B in the total profit of  Rs.9900.
(a) Rs.2200
(b) Rs.1100
(c) Rs.6600
(d) Rs.4400

2. A, B and C enter into a partnership with investment in the ratio 4 : 3 : 2. After 4 months A and B withdraw half of their capital and after 7 months C added 2/5 of his capital. Find the share of B in the total profit of  Rs.12600 at the end of the year.
(a) Rs.3600
(b) Rs.4800
(c) Rs.4200
(d) Rs.3900

3. A and B invest in a business in a ratio 2 : 3. If 10% of the total profit goes for donations and if, A’s share is Rs.1080, then find the total profit.
(a) Rs.3000
(b) Rs.2400
(c) Rs.2800
(d) Rs.3200

4. Four transport companies A, B, C and D rented a parking place A kept 12 cars for 5 months, B kept 20 cars for 6 months, C kept 15 cars for 5 months and D kept 30 cars for 6 months in the parking place. If As share of rent is Rs.2400 the total rent of the parking place is
(a) Rs.17400
(b) Rs.18600
(c) Rs.16500
(d) Rs.19200

5. A, B and C start a business with investments of  Rs.90000, Rs.60000 and Rs.45000 respectively. A and B leave the business after a few months at the same time. At the end of the year, they share the profits in the ratio of 6 : 4 : 9. After how many months did A and B leave the business ?
(a) 6 months (b) 2 months
(c) 3 months (d) 4 months