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In a simple partnership, profits are divided in the ratio of:

  1. Capitals invested

  2. Time periods only

  3. Capital × Time

  4. Ages of partners

Show answer & explanation

Correct answer

Capitals invested

Explanation

Simple partnership means equal time periods, so profits are divided directly in the ratio of capitals.

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All 20 Partnership questions

  1. 1.A invests Rs 5000 and B invests Rs 3000 for the same period.
  2. 2.A and B invest Rs 2000 and Rs 4000 respectively for the same time.
  3. 3.A invests Rs 1000 for 6 months and B invests Rs 1000 for 12 months.
  4. 4.A invests Rs 2000 for 3 months and B invests Rs 3000 for 2 months.
  5. 5.In a simple partnership, profits are divided in the ratio of:
  6. 6.A invests Rs 4000 for 8 months and B invests Rs 6000 for 4 months.
  7. 7.A and B invest in the ratio 3:4 for the same time.
  8. 8.A starts a business with Rs 10000.
  9. 9.When capitals are invested for unequal time durations, the profit ratio is based on:
  10. 10.A invests Rs 500 for 4 months and B invests Rs 600 for 5 months.
  11. 11.A and B invest 5000 and 7000 respectively for the same period.
  12. 12.A invests 4000 for 6 months and B invests 6000 for 4 months.
  13. 13.X invests 12000 for 3 months and Y invests 8000 for 6 months.
  14. 14.A is a working partner and receives 10 percent of the total profit as salary.
  15. 15.A is a working partner and receives 5 percent of the total profit as salary.
  16. 16.P and Q invest in a business in the ratio 3:5 .
  17. 17.A invests 5000 at the start of a year.
  18. 18.A and B invest in the ratio 4:3 .
  19. 19.A invests 3000 for 12 months, B invests 4000 for 6 months, and C invests 5000 for 4 months.
  20. 20.A starts a business with 10000 .
In a simple partnership, profits are divided…… | ExamHoot