Partnership – Questions and Answers – Quiz 2

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?

Rs. 7500
Rs. 8000
Rs. 8500
Rs. 9000

2. 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:

Rs. 330
Rs. 360
Rs. 380
Rs. 430

3. 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?

3 : 5 : 2
3 : 5 : 5
6 : 10 : 5
6 : 10 : 5

4. 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?

Rs. 45
Rs. 50
Rs. 55
Rs. 60

5. 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?

Rs. 7500
Rs. 9000
Rs. 9500
Rs. 10,000

Score =
Correct answers:

Leave a Reply

Your email address will not be published. Required fields are marked *