Partnership Practice Test 5 is an easy sectional-style set of 25 multiple-choice questions on partnership, created by Xigma Academy for candidates preparing for bank PO, clerk and other banking recruitment exams. It is test 5 in the Partnership series on TestMint. This test is free to attempt.
What this test covers
- Partnership: 25 questions
Test details
| Questions | 25 |
|---|---|
| Duration | 40 minutes |
| Marks | 1 per question, 25 in total |
| Negative marking | 0.25 mark for each wrong answer |
| Difficulty | Mostly easy |
| Access | Free |
A sample question from this test
Manoj invests ₹5,000 for 5 months and Rekha invests ₹9,000 for 7 months in a partnership. If the total profit is ₹22,000, what is Manoj's share (in ₹)?
- 6,249
- 6,257
- 6,255
- 6,250
Answer: D. 6,250. Profit is shared in the ratio of investment × time: Manoj = 5000 × 5 = 25000, Rekha = 9000 × 7 = 63000. Ratio = 25 : 63. Manoj's share = ₹6,250.
How to approach this test
Profit is shared in the ratio of investment × time. When time differs, multiply each investment by its months before comparing.
This set leans easy, so use it to confirm that you can solve the basic pattern accurately before you move to harder sets. At 25 questions in 40 minutes, you have about 96 seconds per question on average. After you submit, review every wrong or guessed answer using the explanations.
Keep practising
Continue with all Banking mock tests, free mock tests, a guide to preparing this topic and how to review your mistakes.