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Staff Selection Commission Combined Graduate Level[Tier-1]
 Subject : Numerical Aptitude  Chapter : Partnership
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Numerical Aptitude
Partnership
Partnership

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When two or more than two persons run a business jointly, they are called partners in the business and the deal between them is known as partnership. Partnership is of two types  Simple Partnership  Compound Partnership

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Numerical Aptitude
Partnership
Partners are of two types
 Working Partner  Sleeping Partner

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Numerical Aptitude
Partnership

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Example 1: A and B started a business with capitals of Rs 25000 and Rs 40000 respectively. Find the share of A and B out of an annual profit of Rs 6500.
Solution. Ratio of shares of A and B = Ratio of their investments = 25000 : 40000 = 5 : 8 A’s share = Rs {(5/13) x 6500} = Rs 2500 and B’s share = Rs {(8/13) x 6500} = Rs 4000

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