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Directions: Study the following questions carefully and choose the right answer

  • 1.
    A and B entered into a partnership investing Rs. 16,000 and Rs. 12,000 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. 21,000. The share of B exceeds that of C, out of a total profit Rs. 26,400 after one year by :
    A. Rs. 24000 B. Rs. 30000
    C. Rs. 36000 D. Rs. 48000
    E. None of these

  • 2.
    At the beginning of a partnership business, the capital of B was 3/2 times that of A. after 8 months B withdrew 1/2 of his capital and after 10 months A withdrew 1/4th of his capital. At the end of the year. if the profit incurred is Rs. 53,000. Find the amount received by A.
    A. Rs. 30,800 B. Rs. 32,000
    C. Rs. 30,000 D. Rs. 23,000
    E. None of these

  • 3.
    In a business A and C invested amounts in the ratio 2 : 1 whereas A and B invested amounts in the ratio 3 : 2. If their annual profit be Rs. 157300, then B’s share in the profit is
    A. Rs. 24200 B. Rs. 24200
    C. Rs. 48000 D. Rs. 48400
    E. None of these

  • 4.
    P, Q and R invested Rs. 45k, Rs. 70k and 90k respectively to start a business. At the end of two years, they earned a profit of Rs. 164k. What will be the Q’s share in the profit?
    A. Rs. 56k B. Rs. 35k
    C. Rs. 72k D. Rs. 72k
    E. None of these 

  • 5.
    A, B and C are partners of a company. During a particular year A received one-third of the profit, B received one-fourth of the profit and C received the remaining Rs. 5,000. How much did A receive ?
    A. Rs. 5,000 B. Rs. 4,000
    C. Rs. 3,000 D. Rs. 1,000
    E. None of these