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# free Online Test Partnership Questions and Answers Quiz 3

Description: Free Online Test questions and answers on Partnership with explanation for various competitive exams,entrance test. Solved examples with detailed answer test 3

Exercise

 "No one is as deaf as the man who will not listen." - (Proverb)
1 . Three partners shared the profit in a business in the ratio 5 : 7 : 8. They had partnered for 14 months, 8 months and 7 months respectively. What was the ratio of their investments?
 5 : 7 : 8 20 : 49 : 64 38 : 28 : 21 None of these
2 . A and B entered into partnership with capitals in the ratio 4 : 5. After 3 months, A withdrew of his capital and B withdrew 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 . In a business, A and C invested amounts in the ratio 2 : 1, whereas the ratio between amounts invested by A and B was 3 : 2. If Rs.1,57,300 was their profit, how much amount did B receive?
 Rs. 24,200 Rs.36,300 Rs.48,400 None of the above
4 . Anand and Deepak started a business investing Rs.22,500 and Rs.35,000 respectively. Out of a total profit of Rs.13,800, Deepak’s share is :
 Rs. 5400 Rs.7200 Rs.8400 Rs.9600
5 . A, B and C enter into a partnership. A initially invests Rs.25 lakhs and adds another Rs.10 lakhs after one year. B initially invests Rs.35 lakhs and withdraws Rs.10 lakhs after 2 years and C invests Rs.30 lakhs. In what ratio should the profits be divided at the end of 3 years?
 10 : 10 : 9 20 : 20 : 19 20 : 19 : 18 None
6 . A and B started a business jointly. A’s investment was thrice the investment of B and the perkod of his investment was two times the period of investment of B. If B received Rs.4000 as profit, then their total profit is :
 Rs.16,000 Rs.20,000 Rs.24,000 Rs.28,000
8 . A and B are partners in a business. A contributes $1 \over 4$ of the capital for 15 months and B received $2 \over 3$ of the profit. For how long B’s money was used?