Practice Partnership Practice Questions with Detailed Solutions – Level 3

Raghav and Sameer start a business with ₹40,000 and ₹60,000 respectively. After 4 months, Raghav adds ₹20,000 and Sameer withdraws ₹20,000. Out of an annual profit of ₹45,000, what is Raghav's share?

Anil starts a business with ₹75,000. Three months later Bharat joins him with ₹60,000, and six months after the start Chetan joins with ₹90,000. Out of a profit of ₹66,000 at the end of the year, what is Anil's share?

Kavita and Meena invest ₹50,000 and ₹30,000 in a business. Kavita, the working partner, receives 10% of the profit for managing the business, and the rest is divided in the ratio of their capitals. If Kavita receives ₹13,000 more than Meena, what is the total profit?

P invests ₹36,000 for 12 months, Q invests a certain sum for 8 months and R invests ₹48,000 for 6 months. Out of a total profit of ₹26,000, Q's share is ₹8,000. How much did Q invest?

The capitals of A, B and C are in the ratio \(3 : 4 : 6\) and their profits are in the ratio \(2 : 3 : 5.\) If B's capital was in the business for 9 months, for how many months was C's capital in the business?

Imran and Joseph start a business with ₹30,000 and ₹45,000 respectively. After 4 months, Imran withdraws his entire capital and leaves, and at the same time Karan joins with ₹40,000. Out of an annual profit of ₹98,000, what is Karan's share?

X, Y and Z start a business with capitals in the ratio \(2 : 3 : 4.\) After 6 months, X doubles his capital and Y withdraws half of his capital, while Z's capital remains unchanged. Out of an annual profit of ₹74,000, what is Y's share?

Deepak starts a business with ₹45,000. Some months later, Farhan joins him with ₹60,000. At the end of the year, the profit is divided between Deepak and Farhan in the ratio \(9 : 4.\) After how many months from the start did Farhan join?

Nisha and Pooja invest ₹80,000 and ₹1,20,000 in a business. Nisha manages the business and draws a salary of ₹2,000 per month from the profit. The rest of the profit is shared in the ratio of their capitals. If the annual profit is ₹84,000, what is Nisha's total income from the business?

Gopal and Harish start a business with ₹24,000 and ₹32,000 respectively. After how many months from the start should Gopal add ₹12,000 more so that the annual profit is shared equally?