PakQuizHub

Partnership MCQs

Free 45+ Partnership MCQs for PPSC, FPSC, NTS, and Pakistan government job tests. Practise below with answers and explanations.

45 MCQs available← Back to Partnership

45 questions in this list. Select an option to practice, or open a question for the full page with explanation.

Partnership — MCQs for Pakistan government job tests

About this subject

Partnership

Correct options are highlighted when revealed.

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.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.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.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.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.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.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.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?

9.Anees and Raees invested Rs. 22,500 and Rs. 35,000 respectively to start a business. If the total profit earned is Rs. 13,800, what amount does Raees receive as his share?

10.P and Q invested Rs. 85,000 and Rs. 15,000 respectively to start a business. After two years, in what ratio should the profit be shared between P and Q?

11.X and Y commenced a business with investments of Rs. 20,000 and Rs. 25,000 respectively. After several months, Z invested Rs. 30,000 into the business. If the total profit for the year is Rs. 50,000 and Z's portion of the profit is Rs. 14,000, how many months after the start did Z become a partner?

12.P and Q invested Rs. 4 lakhs and Rs. 10 lakhs respectively to start a business. P manages the business and receives a monthly salary of Rs. 5,000. If the total profit at the end of the year amounts to Rs. 2 lakhs, what is the ratio of their final earnings?

13.Four car rental companies A, B, C, and D rented a parking area for their vehicles overnight. Company 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 company A paid Rs. 1125 as the rent for parking, what is the combined rent paid by all four companies?

14.A began a business by investing Rs. 70,000. After six months, B joined with an investment of Rs. 1,20,000. If the total profit at the end of one year amounts to Rs. 52,000, what is B's portion of the profit?

15.A, B, and C invested Rs. 8,000, Rs. 10,000, and Rs. 12,000 respectively in a business. If B's profit share at the end of the year is Rs. 1,500, what is the difference between the profit shares of A and C?

16.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?

17.A and B invest Rs. 8000 and Rs. 9000 respectively in a venture. After 4 months, A reduces his investment by half, and after another 2 months, B decreases his investment by one-third. What is the ratio in which they should divide the profits at the end of the 12-month period?

18.A and B each invest Rs. 10,000, with A's investment lasting 8 months and B's investment continuing for the entire 12 months. If the total profit after one year is Rs. 25,000, what are their respective profit shares?

19.A and B each invest Rs. 8000 to start a business. After 4 months, B reduces his investment by half. How should the profits be divided between them after 18 months?

20.A and B invest Rs. 6000 and Rs. 8000 respectively to start a business. How should they divide the profits after one year?

More on PakQuizHub