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A and B enter into a business partnership where A contributes the entire capital of Rs. 50,000. B agrees to pay A interest at 10% per annum on half of the capital. A also works actively in the business and earns Rs. 1,500 monthly from the total profit. The remaining profit is divided equally between A and B. At the end of the year, A's total earnings are twice that of B's. What is the total profit earned during the year?

Partnership MCQs for PPSC, FPSC, NTS, and Pakistan government job tests. Select an option below, then read the explanation.

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Subject
Partnershipmathematics-mcqs › partnership
Published
3 Feb 2020
Last updated
28 May 2026

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Explanation

A receives interest from B equal to 10% of half the capital, which is 10% of Rs. 25,000 = Rs. 2,500. A also earns Rs. 1,500 per month as a working partner, totaling Rs. 18,000 annually. Let the remaining profit share of A be P. Since the leftover profit is split equally, B's share is also P. Given that A's total income is double B's, we have: 2,500 + 18,000 + P = 2P, which simplifies to P = Rs. 20,500. Therefore, the total profit is the sum of both shares plus A's working partner remuneration: 2 * 20,500 + 18,000 = Rs. 59,000.

More Partnership MCQs

Practice related questions from the same subject.

  1. 1.Three partners A, B, and C invest Rs. 40,000, Rs. 80,000, and Rs. 1,20,000 respectively in a business. At the end of the first year, B withdraws Rs. 40,000, and at the end of the second year, C withdraws Rs. 80,000. What will be the ratio of their profit sharing after 3 years?
  2. 2.A started a business by investing Rs. 85,000. Later, B joined with an investment of Rs. 42,500. For how many months did B invest if the profit sharing ratio at the end of the year is 3:1 in favor of A and B respectively?
  3. 3.Three partners A, B, and C invest Rs. 40,000, Rs. 80,000, and Rs. 1,20,000 respectively in a business. After one year, B withdraws Rs. 40,000, and after two years, C withdraws Rs. 80,000. What will be the profit-sharing ratio among A, B, and C at the end of three years?
  4. 4.Ameen invested Rs. 70,000 to start a business. After six months, Rahim joined with Rs. 1,05,000, and another six months later, Sameer entered the business with Rs. 1,40,000. After three years from Ameen's initial investment, in what ratio should the profit be divided among Ameen, Rahim, and Sameer?
  5. 5.A and B started a business partnership by investing Rs. 20,000 and Rs. 15,000 respectively. After six months, C joined the partnership with an investment of Rs. 20,000. If the business earns a total profit of Rs. 25,000 at the end of 2 years from the start, what amount will B receive as his share of the profit?
  6. 6.Sameena launched a software company by investing Rs. 50,000. After half a year, Nida joined the business with an investment of Rs. 80,000. After 3 years, the business made a total profit of Rs. 24,500. What amount of the profit belongs to Sameena?
  7. 7.Kamal invested Rs. 9000 to start a business. After five months, Sameer joined by investing Rs. 8000. If the total profit at the end of one year is Rs. 6970, what amount of profit will Sameer receive?
  8. 8.A, B, and C form a partnership by investing Rs. 35,000, Rs. 45,000, and Rs. 55,000 respectively. If the total annual profit is Rs. 40,500, what are the individual profit shares of A, B, and C?
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