Maths Partnership Test 7: Profit Sharing & Investments

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Maths Partnership Test 7: Understanding Profit Sharing and Investments

Partnership mathematics plays a crucial role in solving real-world financial problems, especially in business and investment scenarios. Maths Partnership Test 7 at Nokryan.com is designed to help learners understand and apply key partnership concepts effectively. Whether you’re a student preparing for Class 11 Maths or an aspirant for competitive exams, mastering these calculations will enhance your problem-solving skills and boost your confidence in handling complex financial distributions.

Key Concepts Covered

This test focuses on essential partnership topics, including:

Basic Partnership Principles – Understand how investments are shared among partners and the importance of capital contribution.
Profit and Loss Distribution – Learn to allocate profits and losses based on both the capital invested and the duration of the partnership.
Ratio and Proportion in Partnership – Discover how to determine each partner’s share using proportional calculations and weighted averages.
Types of Partnerships – Differentiate between simple and compound partnerships and their applications in real-life scenarios.
Investment Period Calculation – Analyze the impact of varying investment durations on profit distribution and how to fairly compensate each partner.
Real-Life Applications – Apply partnership concepts to business models, joint ventures, financial agreements, and investment strategies.
Adjustments in Partnership – Understand changes in profit-sharing ratios when partners withdraw or reinvest capital during different financial periods.
Dissolution and Settlement – Learn how to handle situations where partnerships dissolve and assets need to be fairly distributed among partners.

Why Take Maths Partnership Test 7?

Step-by-Step Explanations – Gain clarity with well-structured, easy-to-understand solutions and breakdowns of partnership problems.
Diverse Question Types – Practice fundamental, intermediate, and advanced problems to cover all possible question patterns.
Shortcut Methods & Formulas – Learn quick techniques and formulas to solve partnership problems efficiently within a short time.
Comprehensive Resources – Access detailed explanations, solved examples, formula sheets, and practical exercises to reinforce learning.
Mock Test & Performance Tracking – Test your knowledge with mock exams and track your performance for gradual improvement.

Who Should Take This Test?

Competitive Exam Candidates – Prepare for banking, finance, and government exams where partnership questions are frequently included.
Business and Finance Enthusiasts – Understand financial distributions in partnership-based businesses and investment strategies.
Students and Academic Learners – Strengthen mathematical foundations, particularly for commerce and finance-related academic courses.
Entrepreneurs and Investors – Learn how to fairly distribute profits and losses when investing in partnerships or joint ventures.

Get Started Today!

Nokryan.com offers an extensive and user-friendly learning platform to help you master Maths Partnership Test 7. Whether you’re just starting or looking to refine your skills, our well-structured test will guide you through every concept with precision.

Take the test now and enhance your understanding of partnership mathematics with confidence. Unlock your potential today with Nokryan.com!

Maths Partnership Test.7

Quiz Instructions:

There will be 20 multiple choice question in this online test.
Answer of the questions will change randomly each time you start this test.
Practice this test at least 3 times if you want to secure High Marks.
At the End of the Test you can see your Test score and Rating.

1 / 20

A, B and C enter into a partnership. They invest Rs. 40,000, Rs. 80,000 and Rs. 1,20,000 respectively. At the end of the first year, B withdraws Rs. 40,000, while at the end of the second year, C withdraws Rs. 80,000. In what ratio will the profit be shared at the end of 3 years?

A. 2 : 3 : 4

B. 3 : 2 : 4

C. 3: 2 : 1

D. 3: 4 : 7

2 / 20

A began a business with Rs. 85,000. He was joined afterwards by B with Rs. 42,500. For how much period does B join, if the profits at the end of the year are divided in the ratio of 3 : 1?

A. 4 months

B. 5 months

C. 6 months

D. 8 months

3 / 20

A, B and C enter into a partnership. They invest Rs. 40,000, Rs. 80,000 and Rs. 1,20,000 respectively. At the end of the first year, B withdraws Rs. 40,000, while at the end of the second year, C withdraws Rs. 80,000. IN what ratio will the profit be shared at the end of 3 years?

A. 2:3:5

B. 3:4:7

C. 4:5:9

D. None of these

4 / 20

Ameen started a business investing Rs. 70,000. Rahim joined him after six months with an amount of Rs. 1,05,000 and sameer joined them with Rs. 1.4 lakhs after another six months. The amount of profit earned should be distributed in what ratio among Ameen, Rahim and Sameer respectively, 3 years after Ameen started the business?

A. 7:6:10

B. 12:15:16

C. 42:45:56

D. Cannot be determined

5 / 20

A and B started business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, C joined them with Rs. 20,000. What will be B’s share in the total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business?

A. Rs. 7500

B. Rs. 9000

C. Rs. 9500

D. Rs. 10,000

6 / 20

Sameena started a software business by investing Rs. 50,000. After six months, Nida joined her with a capital of Rs. 80,000. After 3 years, they earned a profit of Rs. 24,500. What was Saneena’s share in the profit?

A. Rs. 9423

B. Rs. 10,250

C. Rs. 12,500

D. Rs. 14,000

E. None of these

7 / 20

Kamal started a business investing Rs. 9000. After five months, Sameer joined with a capital of Rs. 8000. If at the end of the year, they earn a profit of Rs. 6970, then what will be the share of Sameer in the profit?

A. Rs. 1883.78

B. Rs. 2380

C. Rs. 3690

D. Rs. 3864

8 / 20

A, B, C enter into a partnership investing Rs. 35,000, Rs. 45,000 and Rs. 55,000 respectively. The respective shares of A, B, C in annual profit of Rs. 40,500 are:

A. Rs. 10,500, Rs. 13,500, Rs. 16,500

B. Rs. 11,500, Rs. 13,000, Rs. 16,000

C. Rs. 11,000, Rs. 14,000, Rs. 15,500

D. Rs. 11,500, Rs. 12,500, Rs. 16,500

9 / 20

Anees and Raees started a business investing Rs. 22,500 and Rs. 35,000 respectively. Out of a total profit of Rs. 13,800, Raees’s share is:________?

A. Rs. 5400

B. Rs. 7200

C. Rs. 8400

D. Rs. 9600

10 / 20

P and Q started a business investing Rs. 85,000 and Rs. 15,000 respectively. In what ratio the profit earned after 2 years be divided between P and Q respectively?

A. 3:4

B. 3:5

C. 15:23

D. 17:23

E. None of these

11 / 20

X and Y started a business with capitals Rs. 20000 and Rs. 25000. After few months Z joined them with a capital of Rs. 30000. If the share of Z in the annual profit of Rs. 50000 is Rs. 14000, then after how many months from the beginning did Z join?

A. 7

B. 6

C. 3

D. 4

E. None of these

12 / 20

Four car rental agencies A, B, C and D rented a plot for parking their cars during the night. A parked 15 cars for 12 days, B parked 12 cars for 20 days, C parked 18 cars for 18 days and D parked 16 cars for 15 days. If A paid Rs. 1125 as rent for parking his cars, what is the total rent paid by all the four agencies?

A. Rs. 4500

B. Rs. 4800

C. Rs. 5250

D. Rs. 6150

13 / 20

P and Q started a business with respective investments of Rs. 4 lakhs and Rs. 10 lakhs. As P runs the business, his salary is Rs. 5000 per month. If they earned a profit of Rs. 2 lakhs at the end of the year, then find the ratio of their earnings?

A. 2 : 5

B. 5 : 2

C. 3 : 5

D. 1 : 1

14 / 20

A started a business with an investment of Rs. 70000 and after 6 months B joined him investing Rs. 120000. If the profit at the end of a year is Rs. 52000, then the share of B is?

A. Rs. 28000

B. Rs. 24000

C. Rs. 30000

D. Rs. 26000

15 / 20

A, B and C started a business with capitals of Rs. 8000, Rs. 10000 and Rs. 12000 respectively. At the end of the year, the profit share of B is Rs. 1500. The difference between the profit shares of A and C is?

A. Rs. 300

B. Rs. 400

C. Rs. 500

D. Rs. 600

16 / 20

A and B start a business, with A investing the total capital of Rs.50000, on the condition that B pays A interest @ 10% per annum on his half of the capital. A is a working partner and receives Rs.1500 per month from the total profit and any profit remaining is equally shared by both of them. At the end of the year, it was found that the income of A is twice that of B. Find the total profit for the year?

A. 53000

B. 58000

C. 50000

D. 59000

17 / 20

A and B invests Rs.8000 and Rs.9000 in a business. After 4 months, A withdraws half of his capital and 2 months later, B withdraws one-third of his capital. In what ratio should they share the profits at the end of the year?

A. 20:23

B. 34:43

C. 32:45

18 / 20

A and B invests Rs.10000 each, A investing for 8 months and B investing for all the 12 months in the year. If the total profit at the end of the year is Rs.25000, find their shares?

A. Rs.8000, Rs.17000

B. Rs.9000, Rs.16000

C. Rs.18000, Rs.7000

D. Rs.10000, Rs.15000

19 / 20

A and B starts a business with Rs.8000 each, and after 4 months, B withdraws half of his capital . How should they share the profits at the end of the 18 months?

A. 18:11

B. 22:13

C. 23:12

20 / 20

A and B start a business with Rs.6000 and Rs.8000 respectively. Hoe should they share their profits at the end of one year?

A. 1:2

B. 3:4

C. 2:5

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Maths Partnership Test 7: Profit Sharing & Investments

Maths Partnership Test 7: Understanding Profit Sharing and Investments

Key Concepts Covered

Why Take Maths Partnership Test 7?

Who Should Take This Test?

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