Maths Mcqs Practice Test

Question 1

A and B started business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, C joined them with Rs. 20,000. What will be B’s share in the total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business?

Accepted Answer

A. Rs. 7500

Question 2

Sameena started a software business by investing Rs. 50,000. After six months, Nida joined her with a capital of Rs. 80,000. After 3 years, they earned a profit of Rs. 24,500. What was Saneena’s share in the profit?

Accepted Answer

E. None of these

Question 3

Kamal started a business investing Rs. 9000. After five months, Sameer joined with a capital of Rs. 8000. If at the end of the year, they earn a profit of Rs. 6970, then what will be the share of Sameer in the profit?

Accepted Answer

B. Rs. 2380

Question 4

A, B, C enter into a partnership investing Rs. 35,000, Rs. 45,000 and Rs. 55,000 respectively. The respective shares of A, B, C in annual profit of Rs. 40,500 are:

Accepted Answer

A. Rs. 10,500, Rs. 13,500, Rs. 16,500

Question 5

Anees and Raees started a business investing Rs. 22,500 and Rs. 35,000 respectively. Out of a total profit of Rs. 13,800, Raees’s share is:________?

Accepted Answer

C. Rs. 8400

Question 6

P and Q started a business investing Rs. 85,000 and Rs. 15,000 respectively. In what ratio the profit earned after 2 years be divided between P and Q respectively?

Accepted Answer

E. None of these

Question 7

X and Y started a business with capitals Rs. 20000 and Rs. 25000. After few months Z joined them with a capital of Rs. 30000. If the share of Z in the annual profit of Rs. 50000 is Rs. 14000, then after how many months from the beginning did Z join?

Accepted Answer

E. None of these

Question 8

P and Q started a business with respective investments of Rs. 4 lakhs and Rs. 10 lakhs. As P runs the business, his salary is Rs. 5000 per month. If they earned a profit of Rs. 2 lakhs at the end of the year, then find the ratio of their earnings?

Accepted Answer

D. 1 : 1

Question 9

Four car rental agencies A, B, C and D rented a plot for parking their cars during the night. 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 A paid Rs. 1125 as rent for parking his cars, what is the total rent paid by all the four agencies?

Accepted Answer

D. Rs. 6150

Question 10

A started a business with an investment of Rs. 70000 and after 6 months B joined him investing Rs. 120000. If the profit at the end of a year is Rs. 52000, then the share of B is?

Accepted Answer

B. Rs. 24000

Question 11

A, B and C started a business with capitals of Rs. 8000, Rs. 10000 and Rs. 12000 respectively. At the end of the year, the profit share of B is Rs. 1500. The difference between the profit shares of A and C is?

Accepted Answer

D. Rs. 600

Question 12

A and B start a business, with A investing the total capital of Rs.50000, on the condition that B pays A interest @ 10% per annum on his half of the capital. A is a working partner and receives Rs.1500 per month from the total profit and any profit remaining is equally shared by both of them. At the end of the year, it was found that the income of A is twice that of B. Find the total profit for the year?

Accepted Answer

D. 59000

Question 13

A and B invests Rs.8000 and Rs.9000 in a business. After 4 months, A withdraws half of his capital and 2 months later, B withdraws one-third of his capital. In what ratio should they share the profits at the end of the year?

Accepted Answer

C. 32:45

Question 14

A and B invests Rs.10000 each, A investing for 8 months and B investing for all the 12 months in the year. If the total profit at the end of the year is Rs.25000, find their shares?

Accepted Answer

D. Rs.10000, Rs.15000

Question 15

A and B starts a business with Rs.8000 each, and after 4 months, B withdraws half of his capital . How should they share the profits at the end of the 18 months?

Accepted Answer

A. 18:11

Question 16

A and B start a business with Rs.6000 and Rs.8000 respectively. Hoe should they share their profits at the end of one year?

Accepted Answer

B. 3:4

Question 17

A, B and C invests Rs.2000, Rs.3000 and Rs.4000 in a business. After one year A removed his money; B and C continued the business for one more year. If the net profit after 2 years be Rs.3200, then A’s share in the profit is?

Accepted Answer

D. Rs.400

Question 18

Kashif and Nadeem jointly started a business. Kashif invested three times as Nadeem did and invested his money for double time as compared to Nadeem. Nadeem earned Rs. 4000. If the gain is proportional to the money invested and the time for which the money is invested then the total gain was?

Accepted Answer

D. Rs.28000

Question 19

A is a working partner and B is a sleeping partner in the business. A puts in Rs.15000 and B Rs.25000, A receives 10% of the profit for managing the business the rest being divided in proportion of their capitals. Out of a total profit of Rs.9600, money received by A is?

Accepted Answer

D. Rs.4200

Question 20

The ratio of investments of two partners P and Q is 7:5 and the ratio of their profits is 7:10. If P invested the money for 5 months, find for how much time did Q invest the money?

Accepted Answer

B. 10 months