Partnership test 1

1. Four milkmen rented a pasture. M puts to graze 16 cows for 3 months and N puts 20 cows for 4 months, O puts 18 cows for 6 months and P puts 42 cows for 2 months. If M's share in rent be ` 2400, the rent paid by O is.

2. X starts a business with ` 25,000. After 4 months Y joins him with ` 20,000. What will be the ratio of their profit at the end of the year.

3. A starts a business with 21,000/ - and later on B joins him with 36,000/- After how many months did B join if the profit is distributed in equal ratio?

4. A and B started a boutique investing amounts of ` 35,000 and ` 56,000 respectively. If A's share in the profit earned by them is ` 45,000, then what is the total profit earned?

5. Mr. Ramesh Rao opened a workshop investing ` 40,000. He invested additional amount of ` 10,000 every year. After two years his Student Bhuvnesh joined him with an amount of ` 85,000. Thereafter Bhuvnesh did not invest any additional amount. On completion of four year from the opening of workshop they earned an amount of `1,95,000. What will be Ramesh Rao's share in the earning.

6. Two partners invest ` 125,000 and ` 85000 respectively in a business and agree that 60% of the profit should be divided equally between them and the remaining profit is to be divided into ratio of their capitals. If one partner gets ` 300 more than the other, Find the total profit made in the business.

7. A, B and C enter into a partnership with capitals in the ratio 5 : 6 : 8, At the end of the business term, they received the profit in the ratio 5 : 3 : 12. Find the ratio of time for which they contributed their capitals?

8. X and Y entered into a partnership, investing ` 16,000 and ` 12,000 respectively. After 3 months X withdrew ` 5000, while Y invested 5000 more. After 3 months more Z joins the business with a capital of ` 21,000. After a year they obtained a profit of ` 26,400. By what amount does the share of Y exceeds the share of Z.

9. X, Y and Z are partner in a business. If X's capital is twice of Y's capital and Y's capital is three times to that of Z's capital then find the ratio of their investments.

10. X and Z invest capital in the ratio 2 : 1 while X and Y invest capital in the ratio 3 : 2. If their annual profit is ` 1,57,300 then what is Y's share?

11. Rajesh and Bhuvnesh started a business investing amounts in the ratio of 2 : 3. If Ramesh Rao has an additional amount of `10,000, their ratio of investment would have been 3 : 2, The amount invested by Ramesh Rao was :

12. Bhuvnesh and Ankur enter into a partnership. At the end of 9 months Ankur withdraws but Bhuvnesh’s capitals is used for one month more . If they receive profit in the ratio 5 : 6, then the ratio of their capital is:

13. In a business A and B gained some amount in a certain ratio. B and C received the profit in the ratio as that of A and B. If A received `6,400 and C received ` 10,000. Find the share of B

14 . The capital of A and B are `20,000 and `4,000 respectively. A is entitled to be paid a salary of `1,200 per annum being a working partner. If the gross profit for one year is `1,800, their shares in the profit are respectively :

15. A and B share profits and losses in a firm in the ratio of 3 : 2. C entered in this firm as a new partner and his profit sharing ratio is 1 4 of total profit. If C has taken his share of profit from A and B in equal ratio, then the new profit sharing ratio will be :

16. A, B and C enter into a partnership. A puts in `1200 for 6 months, B `800 for 7 months and C `600 for 8 months . The share of A out of a profit of `396 is:

17. M,P and Q together started a business. M invested `6,500 for 6 months, P invested `8,400 for 5 months and Q invested `10,000 for 3 months. M is working member for which he gets 5% of total profit extra. If the total gain is `7,400, then Q’s share is :

18. A ,B and C jointly start a business A puts in `15,000 for 8 months, B puts in `12,000 for 9 months and C puts in `8,000, for the whole year. At the end of the year there is a profit of `10,800. The difference between A’s share and C's share in the profit will be :

19. A starts a business with `45,000. After 6 months B enters in this business with `80,000. After one year C invests `1,20,000. In what ratio the profit will be divided among A, B and C after two years?

20 . Three partners A, B and C started a business by investing. 48000 each. After 6 months, A left the business, after 10 months B left the business and after 12 months C left the business. If total earned profit is . 5250, then find the share of A, B and C?