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Page 2 of 15
Contents
1.
2.
3.
4.
5.
6.
Preface 2
Contents. 3
Introduction. 4
What is Partnership?.... 4
Categorisation of Partnership.. 5
Questionnaire. 8
Page 3 of 15
Introduction
What is Partnership?
A Partnership is an arrangement where parties, known as partners,
agree to co-operate to advance their mutual interests. The partners
in a partnership may be individuals, business houses, interest-based
organizations, schools, governments or combinations organizations
may partner together to increase the likelihood of each achieving
their mission and to amplify their reach.
But with respect to quantitative aptitude we are going to discuss the
partnership with respect to individuals who are involve in business
activities. Where the word comes business it means money is
involved, and money bring conflicts with it therefore for smooth
circulation of money a tool named Partnership was evolved.
Page 4 of 15
A and B started the business each investing Rs.120000/Find the profit sharing ratio after 1 year?
A
120000 x 1
120000 x 1
Page 5 of 15
Ratio 7 : 5
B
50000 x 1 = 50000
5
Capital Ratio
Equivalent Capital =
A started the business with a capital of Rs. 70000. B joined him after
6 Months with a capital of Rs. 50000. Then find the profit sharing
ratio between A and B after a year?
A
70000 x 12 =
50000 x 6 =
840000
300000
5
14
Page 7 of 15
Questionnaire
Q. Sumit and Ravi started a business by investing Rs 80000 and
160000 respectively. In what ratio the profit earned after a years be
divided between Sumit and Ravi respectively?
Ravi
80000
160000
2
Sol:
capital.
Sumit
Ravi
80000 x 12
160000 x 3
Page 8 of 15
Sol:
35000x1
: 45000x1 : 55000x1
7
=
40500
7 =
7+9+11
= 10500
11
40500
9
7+9+11
13500
40500
7+9+11
11
16500
Sol:
25%
50%
++
: 100%
:
++
4
=
++
Page 9 of 15
Sol:
3 x 12
5 x 12
5x6
36
60
30
10
Sol:
CAPITAL RATIO =
20
49
:
:
64
Sol:
B = Rs.90000/-
Page 10 of 15
=
()
21000 x 12 = 36000 x (12-x)
x = 5 months.
Q. A, B and C invested Rs.80000, Rs.40000 and Rs.80000 respectively
in a business. A left after six months. If after eight months, there was
a gain of Rs.40005, then what will be the share of B?
Sol:
80000 x 6
40000 x 8
80000 x 8
4
Bs share in profit = ++ /
Q. Nirmal and Kapil started a business investing Rs.90000 and
Rs.120000 respectively. After 6 months, Kapil withdrew half of his
investment. If after a year, the total profit was Rs.46000, What was
Kapils share initially?
Sol:
N
90000 x 12
1
:
:
:
K
(120000 x 6 + 60000 x 6)
1
1
= 46000 23000 /
2
Page 11 of 15
Q. Manoj receive Rs.6000 as his share out of total profit of Rs. 9000
which he and Ramesh earned at the end of the year. If Manoj
invested Rs.120000 for 6 months, whereas Ramesh invested his
amount for the whole year, what was the amount invested by
Ramesh?
Sol:
Rameshs investment = Rs.30000/Q. Rajesh started a business investing Rs.45000. After 3 months,
Pramod joined him with a capital of Rs.60000. After another 6
months, Atul joined them with a capital of Rs.90000. At the end of
the year, they made a profit of Rs.20000. What would be Atuls share
in it?
Sol:
Rajesh
45000 x 12
Pramod
60000 x 6
++
Atul
90000 x 3
= .
Page 12 of 15
Sol:
C
Bs share in profit
++
Sol:
x = 10 months
Sol:
P
85000 x 2
17
15000 x 2
Page 13 of 15
Sol:
Profit share
35000
45000 :
++
= 10500
C
55000
:
++
= 13500
11
++
= 16500
myshop.mahendras.org
Page 14 of 15
Sol:
Kumar
Sameer
90000 x 12
80000 x 7
27
14
= /
Sol:
189
126
264000
3 36000
22
Page 15 of 15