Partnership

JKSSB Class-IV & MTS · Mathematics · 11 practice questions with answers and explanations: 2 Easy, 4 Medium, 5 Hard.

Sample questions

Sample Easy question 1

A and B start a business with ₹7,000 and ₹5,000 for the same period. In what ratio will they share the profit?

  1. 12 : 7
  2. 5 : 7
  3. 7 : 5
  4. 7 : 12
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Answer: C. For equal periods, profit is shared in the ratio of investments: 7,000 : 5,000 = 7 : 5.

Sample Medium question 2

A and B invest ₹12,000 and ₹18,000 for a year and earn a profit of ₹7,500. What is the difference between their shares?

  1. 2000
  2. 1500
  3. 3000
  4. 1000
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Answer: B. Ratio 2 : 3 gives ₹3,000 and ₹4,500. Difference = ₹1,500.

Sample Hard question 3

A invests ₹8,000 and B invests ₹12,000 for a year. B, as the working partner, gets 10% of the profit as salary, and the rest is shared in proportion to capital. If the profit is ₹20,000, find A's total share.

  1. 8000
  2. 7200
  3. 9000
  4. 6400
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Answer: B. Salary to B = ₹2,000. Remaining ₹18,000 is shared 8,000 : 12,000 = 2 : 3, so A = 2/5 × 18,000 = ₹7,200.

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