Distribution of profits and losses

1. X and Y are capitalist partners while Z is industrial partner. There is no agreement as to

the profits and losses. The partnership realized a loss of P21,000.00.
How much is the share in the loss of Z?
None, he being an industrial partner.
2. A, B and C are partners contributed the following: A - P6, 000.00; BP4, 000.00; and C-
service. They agreed that the profits and losses shall be distributed as follows to wit: A
-35%; B-25% and C - 40%. How shall the profit of P10, 000.00 be distributed?
A - P3, 500.00; B - P2, 500.00; C - P4,000.00
3. C and P are capitalist partners while I is industrial partner. There is no agreement as to
the profits and losses. The partnership realized profit in the amount of P21, 000.00.
How much is the share in profit of I?
Just and equitable under the circumstances.
4. A, B and C are partners contributed the following: A - P6, 000.00; BP4, 000.00; and C -
service. No agreement was made as to the sharing of profits and losses. How shall the
profit of P10, 000.00 be distributed?
A - P6,000.00; B - P4, 0000.00; C - just
5. A, B and C are partners contributed the following: A - P6, 000.00; BP4, 000.00; and C-
service. They agreed that the profits and losses shall be distributed as follows to wit: A
35%; B-25% and C - 40%. How shall the loss of P10, 000.00 be distributed?
A - P3, 500.00; B - P2, 500.00; C - P4,000.00
6. Suppose instead of profit, the partnership suffered loss in the same amount of
P21,000.00 the share of the capitalist partners in the loss shall be:
In proportion to their capital contribution.
7. C and P are capitalist partners while I is industrial partner, who in addition to his services
also contributed capital to the partnership. There is no agreement as to the profits and
losses. The partnership realized profit in the amount of P21, 000.00. The share of I in the
profits shall be:
Pro rata to his contributed capital.
8. A, B and C are partners contributed the following: A - P6, 000.00; BP4, 000.00; and C -
service. No agreement was made as to the sharing of profits and losses. How shall the
loss of P10,000.00 be distributed?
A - P6,000.00; B-P4, 000.00; C - none
9. A, B and C are partners in partnership "DA KING RAYMOND" to engage in buy and sell
of carabao milk. A and B contributed P10, 000.00 each while C contributed his service.
After payment of the partnership liabilities to creditors, only P6, 000.00 remains. In the
absence of stipulation to the contrary the share of C shall be:
Nothing
10.