Partnership Questions for Banking Exams

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8 Questions

Rs. 33000

None of these

In a partnership, Sonu initially invested Rs 120000 and Titu initially invested Rs 70000. If the profit for the year was 12.5% of 1572000, what is the share of Sonu and Titu?

Rs 78420, Rs. 48645

5 months

Rs. 13000

Rs. 54000

Rs. 27500

Rs. 32000

Study Notes

Partnership and Profit Sharing

• Shyam and Ram invested in a partnership in the ratio of 3:2, with Ram being the working partner and receiving 10% of the profit.
• If the total profit is Rs. 75000 and 5% goes to charity, Ram's share of the profit can be calculated.

Sachin and Virat's Company

• Sachin and Virat started a company with investments of Rs. 700000 and Rs. 800000 respectively.
• The company made a revenue of Rs. 3500000 with a profit of 30%.
• The difference between the amount earned by Sachin and Virat at the end of the first year can be calculated.

Sonu and Titu's Partnership

• Sonu and Titu invested Rs. 120000 and Rs. 70000 respectively in a partnership.
• The profit for the year was 12.5% of Rs. 1572000.
• The share of Sonu and Titu in the profit can be calculated.

Ram, Shayam, and Mohan's Partnership

• Ram started a business with Rs. 3900, followed by Shayam's investment of Rs. 4200 after 3 months, and Mohan's investment of Rs. 6500 after some months.
• The total profit of one year was Rs.2900, but Mohan withdrew Rs. 100 per month from his profit.
• The remaining profit was divided in the ratio of 6:6:1 respectively for Ram, Shayam, and Mohan.
• Mohan joined for a certain number of months, which can be calculated.

P, Q, and R's Business

• P, Q, and R started a business by investing Rs.900, Rs.1300, and Rs.2000 respectively.
• After two years, they invested additional amounts in the ratio of 3:1:5.
• After another year, P, Q, and R withdrew Rs.200, Rs.400, and Rs.1000 from the business respectively.
• The profit earned from the business after 4 years from the start of the business is in the ratio of 4:5:a, where 'a' is the share of R.
• P's share in the profit is Rs.1200, and the total profit earned from the business can be calculated.

• Mahesh and Madhav started a business with initial investments of Rs. 40000 and Rs. 50000 respectively.
• After 1 year, Mahesh withdrew capital equal to 3/5th of the initial capital of Madhav.
• After 2 years, Madhav added capital equal to half of the initial capital of Mahesh.
• The profit earned at the end of the third year is Rs. 230000.
• The difference between the profit share of Mahesh and Madhav can be calculated.

Dholak and Tabla's Partnership

• Dholak and Tabla entered into a partnership business, with Tabla investing Rs. 50,000.
• Tabla withdrew Rs. 7500 at the end of 4 months and Rs. 9000 at the end of another 5 months.
• Dholak's investment remained intact throughout the year.
• At the end of one year, Dholak received 40% of the total profit.
• Dholak's investment can be calculated.

Ram, Shyam, and Vinod's Business

• Ram, Shyam, and Vinod started a business with initial investments of Rs. 15000, Rs. 20000, and Rs. 5000 respectively.
• The partners followed a pattern of monthly withdrawals and additions for a year.
• The total profit earned at the end of the year can be calculated.

Test your understanding of partnership concepts with these questions designed for SBI PO Pre, IBPS PO Pre, SBI Clerk Mains, IBPS Clerk Mains & LIC AAO Exams. Practice solving problems involving partnership investment ratios, profit sharing, and calculating individual shares in the profit.

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