Practice Partnership Practice Questions with Detailed Solutions – Level 2

Ramesh invests ₹24,000 for 8 months and Suresh invests ₹36,000 for 6 months in a business. Out of a total profit of ₹10,200, what is Suresh's share?

Anil starts a business with ₹50,000. After 4 months, Vikas joins him with ₹60,000. If the profit at the end of the year is ₹27,000, what is Vikas's share?

P, Q and R start a business with ₹40,000, ₹50,000 and ₹60,000 respectively. After 6 months, R withdraws his entire capital and leaves. Out of an annual profit of ₹36,000, what is R's share?

Meena and Kavita invest ₹60,000 and ₹40,000 respectively in a business. Meena, being the working partner, receives 10% of the total profit as salary, and the rest is shared in the ratio of their capitals. If the total profit is ₹50,000, how much does Meena receive in all?

Arjun starts a business with ₹30,000 and adds ₹10,000 more after 4 months. Bharat starts with ₹50,000 and withdraws ₹20,000 after 6 months. If the profit at the end of the year is ₹46,000, what is Arjun's share?

Deepak starts a business with ₹45,000. Some months later, Rohit joins with ₹60,000. At the end of the year, the profit is shared equally. After how many months from the start did Rohit join?

Sunita invests ₹72,000 for a year, and Pooja invests a certain sum for 8 months. Out of a total profit of ₹55,000, Pooja receives ₹25,000. How much did Pooja invest?

The capitals of X, Y and Z are in the ratio \(3 : 4 : 5\) and their profits are in the ratio \(9 : 8 : 5.\) What is the ratio of the periods for which they invested?

Kiran and Mohan invest ₹80,000 and ₹1,20,000 respectively. Kiran manages the business and gets ₹2,000 per month as salary; the remaining profit is divided in the ratio of their capitals. If the total profit for the year is ₹84,000, by how much does Kiran's total receipt exceed Mohan's?

The investments of Gopal and Harish are in the ratio \(5 : 7,\) and their profits are in the ratio \(10 : 21.\) If Gopal kept his money in the business for 8 months, for how many months did Harish keep his money?