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The Digi-notes (Partnership) as presented here is prepared strictly
according to IBPS-PO, IBPS-Clerk, IBPS-SO and other PO/Clerk level
competitive exams. The main aim of the Digi-notes is to develop the
concept of the Partnership so that candidate would be able to handle
the quantitative problems of the real world easily and conveniently
and hence in their competitive exams. Candidates are advised to
handle the Digi-notes by keeping in mind that they are going to
LEARN (NOT STUDY) the Partnership so that you; yourself would be
able to minimize the steps required to conclude the answer of the
question and hence develop the SHORT TRICKS.
All the best…

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Contents
1.
2.
3.
4.
5.
6.

Preface…………………………………………………………………………… 2
Contents…………………………………………………………………………. 3
Introduction……………………………………………………………………. 4
What is Partnership?...……………………………………………………. 4
Categorisation of Partnership..………………………………………… 5
Questionnaire.………………………………………………………………… 8

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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.

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 TYPE 1: When the capital invested by the partner is equal and
it is invested for the equal period of time. Then the profit or
loss is shared equally.

A

=

B

A and B started the business each investing Rs.120000/Find the profit sharing ratio after 1 year?

B

A
120000 x 1

120000 x 1

 profit sharing ratio  1 : 1

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 TYPE 2: When the capital invested by the partner is different
and it is invested for the equal period of time. Then the profit
or loss is shared in the capital ratio.

A and B started the business each investing Rs.70000/- and
Rs.50000/- respectively. Find the profit sharing ratio after 1 year?
A
70000 x 1 = 70000
7

Ratio 7 : 5

B
50000 x 1 = 50000
5

Capital Ratio

 TYPE 3: When the capital invested by the partner is different
and it is invested for the different period of time. Then the
profit or loss is shared in the ratio of the equivalent capital.
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Equivalent Capital =

Capital x Time of investment

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

B

70000 x 12 =

50000 x 6 =

840000

300000
5

14

Equivalent Capital Ratio

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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?

Sol: Type 2: The profit will be shared in the capital ratio
Sumit

Ravi

80000

:

1

:

160000
2

Q. Sumit started a business by investing Rs 80000. Ravi joined him
after 9 months with a capital of Rs. 160000.In what ratio the profit
earned after a year be divided between Sumit and Ravi respectively?

Sol:

TYPE 3 the profit will be shared in the ratio of their equivalent

capital.

Sumit

Ravi

80000 x 12

:

2

:

160000 x 3

1

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Q. A, B and C enter into a partnership investing Rs. 35000, Rs. 45000,
and Rs. 55000. Find their respective share in annual profit of Rs.
40500?

Sol:

Type 2 the profit will be distributed in capital ratio

A

B

35000x1

: 45000x1 : 55000x1

7
=

C

:

9

40500

×7 =
7+9+11

= 10500

:

:

11

40500

×9
7+9+11
13500

=

40500
7+9+11

:

× 11

16500

Q. Rs.700 is divided among A, B, and C so that
A receives half as much as B and B half as
much as C. Then the share of C is?

Sol:

A

:

B

25%

:

50%

1

:

2

???
×?
?+?+?

= ???

:

C

: 100%
:

???
×?
?+?+?

4
= ???

???
×
?+?+?

? = ???

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Q. A and B started a partnership business investing some amount in
the ratio of 3:5. C joined them after six months with an amount
equal to that of B. In what proportion should the profit at the end
of the year be distributed among A, B and C?

Sol:

A

B

C

3 x 12

:

5 x 12

:

5x6

36

:

60

:

30

6

:

10

:

5

Q. Three partners A, B and C shared the profit in a software business
in the ratio 5:7:8. They had for 14 months, 8months, and 7 months
respectively. Find the ratio of their investments?

Sol:

?????? ?????

CAPITAL RATIO = ???? ?? ??????????

A

B

?

?

:

??

20

C

?

:

49

?

:
:

?

64

Q. A started the business with Rs.35000 after 5 months, B joins with
A as his partner. After a year, the profit is divided in the ratio 2:3.
What is B’s contribution in the capital?

Sol:
?
?

?????×??
?×?

=

?
?

B = Rs.90000/-

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Q. A started a business with Rs.21000 and is joined afterwards by B
with Rs.36000. After how many months did B join if the profit at the
end of the year was divided equally?

Sol: Let B join after x months.
?????×??

?

=?
?????×(??−?)
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:

A

B

C

80000 x 6

:

40000 x 8

:

3

:

2

:

80000 x 8
4

?????

B’s 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
Kapil’s share initially?

Sol:

N
90000 x 12
1

Kapil’s share initially

:
:
:

K
(120000 x 6 + 60000 x 6)
1

1
= 46000   23000 / 
2
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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:

=

?
?

Ramesh’s 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 Atul’s share
in it?

Sol:

Rajesh

:

45000 x 12

:

2

:

Pramod
60000 x 6

Atul’s share in profit

2

?????
?+?+?

:

Atul

:

90000 x 3

:

1

× ? = ??. ????

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Q. In a business, A and C invested in the ratio 2:1, whereas the ratio
between amounts invested by A and B was 3:2, If Rs.157300 was
their profit, how much amount did B receive.

Sol:

B

:

A

2

:

3

4

:

:

C
B’s share in profit

2

:

1

6

:

3

??????
×
?+?+?

? = ?????

Q. Rahul and Arun are Partners in a business. Rahul contributes one
forth capital for 15 months and Arun received two third of profit. For
how long Arun money was used.

Sol:

?????
????

?×??
?×?

=

?

x = 10 months

?

Arun’s money was used for 10 months
Q. P and Q started a business investing Rs.85000 and Rs.15000
respectively. In what ratio the profit earned after 2 years be divided
between P and Q respectively.

Sol:

P
85000 x 2
17

:

Q

:

15000 x 2

:

3

Q. A, B and C enter into a partnership investing Rs.35000, Rs.45000
and Rs.55000 respectively. The respective share of A, B and C in an
annual profit of Rs.40500 are.

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Sol:

Profit share 

A

:

B

35000

:

45000 :

7

:

9

?????
×
?+?+??

= 10500

?

:

C
55000
:

?????
×?
?+?+??

= 13500

11
?????
×
?+?+??

??

= 16500

myshop.mahendras.org

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Q. Kumar started a business investing Rs.90000. After five months,
Sameer joined with a capital of Rs.80000. If at the end of the year,
they earn a profit of Rs.69700, then what will be the share of Sameer
in the profit?

Sol:

Kumar

:

Sameer

90000 x 12

:

80000 x 7

27

:

14

Sameer’s profit share

?????
??+??

× ?? = ?????/−

Q. A and B entered into a partnership investing Rs.160000 and
Rs.120000 respectively. After 3 months, A withdrew Rs.50000 while
B invested Rs.50000 more. After 3 more months C joins the business
with a capital of Rs.210000. The share of B exceeds that of C, out of
a total profit of Rs.264000 after one year by.

Sol:

A

:

B

:

C

(160000 x 3 + 110000 x 9) : (120000 x 3 + 170000 x 9) : (210000 x 6)
147

:

189

:

126

7

:

9

:

6

264000
 3  36000
22

Difference b/w B and C  9 – 6 = 3

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