Partnership test 2

1. Three partners started a business by investing Rs. 60,000, Rs. 80,000 and Rs. 1,20,000 respectively. First partner left the business after 4 months, second after 9 months and third remained in the business for the whole year. At the end of year the total profit earned is 1,60,480 , then find their shares of profit.

2. A, B and C started a business by investing 24,000, 32000 and 18000 respectively. A and B are active partner and get 15% and 12% of total profit and remaining profit is to be distributed among them in the ratio of their investments. If C got total 65700 as a profit,what was the total amount of profit ?

3. A started a business with a capital of 500. After 2 months B joined A with 400. 6 months after the business started C joined with 800. If the total profit earned at the end of the year is 444. Find the share of their profit.

4. A, B and C are partners in a business. A invested ` 4000 for whole year. B invested ` 6000 intially but increased this investment upto ` 8000 at the end of 4 months, while C invested 8000 intially, but withdraw 2000 at the end of 9 months, At the end of year total earned profit is 16950, find their share of profit.

5. Out of total capital required to start a business A invested 30%, B invested 2/5 th and C invested the remaining capital. At the end of one year sum of ` 4000 is earned as a profit which is 20% of the capital given by B, then find how much C invested in the business?

6. Three partners invested ` 42000, ` 48000 and ` 32000 respectively. Partnership condition is that, each will get interest on his capital at the rate of 7% annual and the remaining profit will be divided in the ratio of their capitals. If at the end of the year the total profit is ` 32940, then find the share of A in the profit.

7. A and B invest 20,000 and 30,000. After 2 months A invests Rs. 20,000 more and B also invests 20,000 more. After one year the total profit was Rs. 75,000. Find the share of B :

8. The ratio of capitals of A : B : C is 3 : 4 : 2 and the ratio of their profit is 1 : 2 : 3. Find the ratio of their time :

9. A and B started a business with A capital of Rs. 29X and Rs. 82,000. If A gets 2 0 % profit in salary & share of A is more than B. Had the entire profit being divided in the ratio they invested, B would have received Rs. 5200 more than A’s share. If the earning of A & B are Rs. 16,800 & 11,200. Find X:

10. A, B and C started a business with a capital of Rs. 8 lac, 12 lac & 15 lac. A is a working partner & got 1/8 part in form of salary. If the total earning of A is Rs. 5200 then find the value of total profit.

11. A and B started a business with a capital of Rs. 20,000 & Rs. 35000 respectively and decided to share their profit according to their capital. but C joined the business on the condition that they will share their profit equally in ratio (1 : 1 : 1) and for that C gives 2,20,000 to A & B. Then find the share of A that is given by C.

12. A, B, C pasture in the same field. A has in it 10 oxen for 7 months, B has 12 oxen for 5 months and C has 15 oxen for 3 months. The rent is Rs 17.50. How much of the rent should each pay ?

13. A and B entered into a partnership investing Rs. 16000 and Rs. 12000 respectively. After 3 months, A withdrew Rs. 5000 while B invested Rs. 5000 more. After 3 more months. C joins the business with a capital of Rs. 21000. The share of B exceeds that of C, out of a total profit of Rs. 26400 after one year, by

14. Kishan and Nandan started a joint firm. Kishan’s investment was thrice the invesment of Nandan and the period of his investment was two times the period of investment of Nandan. Nandan got Rs. 4000 as profit for his investment. Their total profit if the distribution of profit is directly proportional to the period and amount, is :

15. A and B enter into a partnership with Rs. 50,000 and Rs. 60,000 respectively. C joins them after x months contributing Rs. 70,000 and B leaves x months before the end of the year. If they share the profit in the ratio of 20 : 18 : 21, then find the value of x :

16. A & B start a business with ` 1500 and ` 2000 respectively. After 4 months C also joins the business with ` 2250. If B withdraw his capital after 9 months, then find the share of B in a total profit of ` 900.

17. A & B start a business with ` 16000 and 15000. After 3 months, A withdraws ` 5000 and B invests ` 5000 more. C joined the business with ` . 21000 after 3 months. If the total profit is ` 24,900, then find the share of C.

18. A & B start A business, A invests 1/4 capital for 1/4th time and B invests 1/5th capital for 1/2 time and C invests the remaining capital for full time. How should they divide the profit of Rs. 1140?

19. A, B, C start a business, A invests money for 4 months & claims 1/ 8 of the total profit & B invests money for 6 months & claim 1/3 of the profit while C invests Rs. 1560 for 8 months. Find ratio of money invested.

20. A & B are two partners with capitals ` 50,000 & ` 70,000 and agreed that 70% of the total profit should be divided equally among them and the remaining profit in the ratio of their capital. If one partner gets ` 90 more than other. find the total profit.