Partnerships in Business

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Partnerships in Business: Overview

This topic covers concepts, such as Partnerships in Business, Definition of Partnership, Types of Partnerships, Ratio of Divisions of Gains & Partnerships in Time and Work etc.

Important Questions on Partnerships in Business

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A, B and C invested ₹ 500 , ₹  630 And ₹  700. If A gets ₹  75 As profit, what will C get ?

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A and B enter into partnership. A supplies whole of the capital amounting to Rs. 45,000 with the condition that the profits are to be equally divided and that B pays A interest on half of the capital at 10% per annum but receives Rs. 120 per month for carrying on the concern. Find total yearly profit, when B's income is one half of A's income.

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When a partnership is not registered, a partnership firm is _____.

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In the absence of agreement between the partners, on the death of a partner, his legal representatives are entitled to _____.

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Three partners A, B and C shared the profit in a business in the ratio 5:7:8. They had partnered for 14 months, 8 months and 7 months respectively. Find the ratio of their investments.

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On which of the following grounds, court may dissolve a firm at the suit of a partner?

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“A', 'B' and 'C' enter into a partnership with a capital in which A' contribution is 10000. If out of a profit of 1000. 'A' gets 500 and 'B' gels 300,then the contribution of C to the capital is?

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Sohan and Rohan started a business and invested Rs. 160000 and Rs. 240000 respectively. After 3 months Rohan left and after 6 months Kapil joined by investing Rs. 200000 . At the end of the year, they realized a profit of Rs. 120000 . What was Sohan's share ?

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P and Q invest in a business in the ratio 5: 3. If 10% of the total profit goes to charity and P's share is 270 , the total profit is :

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If 68000 is divided in the ratio of 12:14:516, find the difference of the smallest and largest part.

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A,B and C started a business by investing Rs.250000,Rs.300000 and Rs.350000 respectively. Find the share of B, out of an annual profit of Rs.187200.

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Ram invested 5000 in a business for a 1 yr and Rani invested 6000 in the same business for 2 yrs,ratio of Ram's and Rani's profit after 2 yrs

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Smith and Kate started a business investing 84000 and 28000 respectively. what is the ratio of the profit earned after 2yrs be divided between Smith and Kate respectively

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A and B invest Rs. 3000 and Rs. 4000, respectively. in a business. A receives Rs. 10 per month Out of the profit as a remuneration for running the business and the rest of the profit is divided in proportion to the investments. If in a year A totally receives Rs. 390, what does B receive?

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A starts a business with Rs. 4000 . B joins him after 3 months with Rs. 8000. C puts a sum of Rs. 20000 in the business for 2 months only. At the end of year, the business gives a profit of Rs. 16800. How should the profit be divided amongst them?

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In a partnership business, B' s capital was half of A' s. If after 8 months, B withdrew half of his capital and after 2 months more A withdrew one-fourth of his capital, then the profit ratio of A and B will be

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A sum of money is divided among A, B and C in the ratio 2:3:7, respectively. If the share of B is 15000, then what will be the difference in the shares of B and C?

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A, B and C shared the profit in a business in the ratio 5:7:8 and partnered for 14 months, 8 months and 7 months. Ratio of their investment is:

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In a business A and C invested amounts in the ratio 2:1, whereas the ratio between amounts invested by A and B was 3:2. If Rs. 261300 was their profit how much amount did B receive?

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A start business with Rs. 4000 and after 6 months B joins with A as his partner. After a year, the profit is divided in the ratio 2:7. What is B's contribution in the capital?