SAMPLE QUESTIONS
1. A and B sart a business jointly. A invests Rs. 16,000 for 8 months and B remains in the business for 4 months. Out of total profit, B claims 2/7 of the profit. How much money was contributed by B ?
a) Rs. 10,500, Rs. 13,500, Rs. 16,500
b) Rs. 11,900
c) Rs. 12,800
d) Rs. 13,600
2. A, B and C enter into partnership. A invests some money at the beginning, B invests double the amount after 6 months and C invests thrice the amount after 8 months. If the annual profit be Rs. 27,000, Cs share is :
a) Rs. 8625
b) Rs. 9000
c) Rs. 10,800
d) Rs. 11,250