Partnership Aptitude MCQ Quiz (Multiple Choice Questions And Answers)
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23. 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?
- 11 months
- 12 months
- 13 months
- 10 months
24. 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?
- Rs.4000
- Rs.4220
- Rs.4000
- Rs.4200
25. Krishan and Nandan jointly started a business. Krishan invested three times as Nandan did and invested his money for double time as compared to Nandan. Nandan 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?
- Rs.20000
- Rs.27000
- Rs.26000
- Rs.28000
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