WorksheetsPartnership
Total questions: 50
Worksheet time: 38mins
Partnership is an agreement between two or more persons to share
Capital
Profit and loss
Profit only
Loss only
The share of profit in a partnership depends on
Age
Capital invested and time
Experience
Salary
If two partners invest equal capital for equal time, profits are shared in the ratio
2:1
Depends on profit
1:1
1:2
A invests ₹10,000 for 1 year and B invests ₹20,000 for 1 year. Profit ratio is
1:2
3:1
2:1
1:1
If capitals are in the ratio 3:5 and time is same, profit ratio is
15:1
1:1
5:3
3:5
A invests ₹12,000 for 6 months and B ₹8,000 for 9 months. Ratio is
2:3
1:2
1:1
3:4
If profit is ₹6,000 and ratio is 2:1, smaller share is
₹4,000
₹1,000
₹2,000
₹3,000
If three partners share profit equally, what is the investment ratio among them?
1:2:3
3:3:3
2:2:2
1:1:1
If A’s share is ₹3,000 out of a total profit of ₹9,000, what is A’s ratio in the partnership?
1:4
1:3
1:2
2:3
A and B invest in the ratio 4:5. If total profit is ₹9,000, what is A’s share?
₹5,000
₹4,000
₹3,600
₹4,500
Time is measured usually in which units for partnership calculations?
Days
Hours only
Months or years
Weeks only
If capital is the same but time differs, what does profit primarily depend on?
Capital
Time
Profit
Loss
A invests ₹10,000 for 8 months and B invests ₹10,000 for 4 months. What is the profit-sharing ratio?
1:1
2:1
3:1
1:2
For partners with equal capitals but different investment durations, how should profits be apportioned?
By capital only
By time only
By capital-time product
By average rate
Which expression defines a partner’s effective investment for profit sharing?
Capital plus time
Capital minus time
Capital × time
Capital ÷ time
Total profit is always divided in
Agreed ratio
Capital ratio
Equal parts
Randomly
If a partner joins later, his profit is calculated based on
Total capital
Time of investment
Agreement date
Age
Which is NOT required in partnership problems?
Profit
Capital
Speed
Time
A invests ₹6,000 for full year, B invests ₹6,000 for half year. Ratio is
1:1
2:1
1:2
3:1
If A gets 40% profit, B gets
40%
50%
60%
20%
Capital ratio 2:3, time ratio 3:4. Profit ratio is
2:3
6:12
8:9
6:9
If profit is zero, partners get
Capital
Equal share
Nothing
Loss
Partnership problems are based on
Ratio and proportion
Percentage
Average
Speed
A invests thrice B’s capital for the same time. What is the investment ratio of A to B?
3:1
1:3
1:2
2:1
If total profit is ₹15,000 and A:B ratio is 3:2, how much does B receive?
₹5,000
₹9,000
₹6,000
₹7,500
A invests ₹2,000 monthly for 10 months. What is the total investment?
₹2,000
₹10,000
₹12,000
₹20,000
Profit ratio in a partnership depends on which factor?
Sum of capitals
Product of capital and time
Difference of capitals
Profit amount
If B’s profit is double that of A, what is the ratio A:B?
1:2
2:1
1:1
3:2
A invests ₹10,000 for 12 months and B invests ₹15,000 for 8 months. What is the profit-sharing ratio A:B?
2:3
1:1
4:5
5:4
Profit sharing in partnership is always proportional to which expression?
Capital × Time
Capital only
Time only
Loss
A and B invest in the ratio 1:2. If the profit is ₹9,000, how much does A get?
₹2,000
₹4,500
₹3,000
₹6,000
Partnership is a topic of which broader area?
Algebra
Calculus
Geometry
Trigonometry
Which statement best describes how time affects profit-sharing in partnerships when capitals differ?
Time has no effect on share
Share is proportional to time
Higher time always reduces share
Time overrides capital entirely
If three partners invest equal amounts, what is the profit-sharing ratio among them?
2:2:1 weighted to two
3:2:1 descending shares
1:1:1 equal for all
1:2:3 among all three
When the investment time for a partner is doubled while capital stays the same, how does the profit share change?
Becomes effectively zero
Remains exactly the same
Becomes double of previous
Becomes half of previous
A invests ₹8,000 for 6 months and B invests ₹12,000 for 4 months. What is the correct ratio of their profit shares?
2:3 proportional outcome
3:2 favoring A over B
4:3 favoring B over A
1:1 equal contributions
In solving profit-sharing problems, which representation is most appropriate?
Fractions for each partner
Percentage of total
Decimals for precision
Ratio of capital-time
If partner B contributes no capital or time, what is B’s share of the profit?
Recorded as a loss
Zero share of profit
Half of total profit
Full profit allocation
What is the minimum number of persons required to form a partnership?
Four persons minimum
Three persons minimum
Two persons minimum
One person minimum
Which factor primarily determines each partner’s profit share in a typical partnership?
Market demand trends
Fixed monthly salary
Capital invested and time
Written agreement terms
Given a fixed total profit, explain how a 5:7 ratio between A and B affects individual shares.
A receives five of twelve parts
Each receives half of profit
B receives five of twelve parts
Both receive seven of twelve parts
If capitals are equal but the investment periods differ, what primarily causes the profit difference?
Initial agreement terms
Time of investment
Capital amount invested
Occurrence of loss
Partnership problems are most commonly asked in which setting?
Statistics seminars
Geometry courses
Competitive exams
Probability classes
A invests ₹9,000 for a full year and B invests ₹3,000 for a full year. What is the ratio of their capital contributions?
1:3
3:1
2:1
1:2
If the total profit is ₹12,000 and the agreed sharing ratio is 1:3, what is the larger share?
₹6,000
₹9,000
₹4,000
₹3,000
In which unit is capital typically expressed when solving partnership problems?
Time
Percentage
Rupees
Units
Which mathematical tool is primarily used to solve partnership problems?
LCM
HCF
Ratios
Equations only
The basic formula for partnership calculations is based on which product?
Speed × Time
Capital × Time
Profit ÷ Loss
Interest rate
Two partners invest equal capital, but one for 6 months and the other for 12 months. What is the profit-sharing ratio?
1:1
1:2
2:1
3:2
A, B, and C invest ₹5,000, ₹7,500, and ₹10,000 for 8, 6, and 4 months respectively. Who receives the highest profit share?
Partner A
Partner B
All equal shares
Partner C
