Accountancy MCQs

Partnership Questions with solutions MCQs

1. G is active partner with 5000, H inactive with 6000. G gets 15% for managing, rest divided. G?s share out of 880?

A

Rs.472

B

Rs.486

C

Rs.500

D

Rs.512

Partnership Data Entry Operator 2025
Correct Answer : A
Explanation :

Correct calculation gives Rs.472.

Correct Answered :

Wrong Answered :

2. If A and B invest in a business in the ratio 7:6. If 9% of profit goes to fund and A`s share is Rs.1421, then the total profit is:

A

Rs.2200

B

Rs.2900

C

Rs.2700

D

Rs.2920

Partnership Data Entry Operator 2023
Correct Answer : D
Explanation :

After deducting 9%, remaining distributed in ratio 7:6. Solving gives total profit=2920.

Correct Answered :

Wrong Answered :

3. A, B and C enter into a partnership with a capital in which A`s contribution is Rs. 10,000. If out of a total profit of Rs. 1000, A gets Rs. 500 and B gets Rs. 300, then C`s capital is:

A

4000

B

5000

C

6000

D

7000

Partnership Data Entry Operator 2023
Correct Answer : B
Explanation :

Profit ratio = 500:300:200 = 5:3:2. If A=10000 ? C=5000.

Correct Answered :

Wrong Answered :

CONTACT US

  • J & K

  • admin@prepmart.in

    • QUICK LINKS

    LIKE AND SHARE YOUR EXPERIENCE

    Like Us on Facebook Join Us on Telegram
    VISITORS COUNT 1 1 3 1 7 2 2
    PrepMart 2022. All Rights Reserved | Terms & Conditions | Privacy Policy | Refund & Cancellation Policy
    Developed By : PrepMart