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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…

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

** 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

Page 5 of 15

** 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.

Page 6 of 15

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

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?

**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

Page 8 of 15

**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

= ???

???

×

?+?+?

? = ???

Page 9 of 15

**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/-

Page 10 of 15

**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

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:

=

?

?

**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

× ? = ??. ????

Page 12 of 15

**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.

Page 13 of 15

Sol:

Profit share

A

:

B

35000

:

45000 :

7

:

9

?????

×

?+?+??

= 10500

?

:

C

55000

:

?????

×?

?+?+??

= 13500

11

?????

×

?+?+??

??

= 16500

myshop.mahendras.org

Page 14 of 15

**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

Page 15 of 15

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