Partnerships in Business
Partnerships in Business: Overview
This topic covers concepts, such as Partnerships in Business, Partnerships in Time and Work, Definition of Partnership, Types of Partnerships, Simple Partnerships, Share of Profit for Simple Partnership, Compound Partnerships, etc.
Important Questions on Partnerships in Business
Achal started a business investing . After months Kavi joined the business with . If the profit was at the end of the year, what is the difference between the profit of Achal and Kavi?

Three men A, B and C subscribe for a business. A subscribes more than B and B subscribe more than C. How much will each receive out of the profit of ?

Ravi and Raj invested in the ratio of in a business. If of the total profit goes to charity and Ravi's share of profit is , what is the amount of total profit?

An amount of money is to be divided among and in the ratio of If get times more than What is share in it?

Rahul, Renu and Rajesh started the business with the investment of and respectively. After Rahul added and Renu added _______ to his initial investment. At the end of the year, the profit share of Rajesh is and the difference between the profit share of Renu and Rahul is ._______.

and started a business with and respectively. After , withdraw and after , added and that joins the business with . At the end of the one year, what is the share if the total amount of profit is ?

Three persons Ranbir, Ranveer and Rana entered into the partnership and the ratio of the investment of Ranbir and Ranveer is . Investment of Ranveer is of the investment of Rana. Ranveer gets seven-thirty of the total profit for managing the business and at the end of the year, the total profit received by Ranbir is _____ less than the profit received by Ranveer and the total profit of the business is _____.

Study the following information given below and answer the following questions-
Mr. Kunal Dwivedi wants to buy a motorbike which is priced at . The bike is also available at down payment and monthly installment of per month for or down payment and monthly installment of per month for . Mr Kunal has with him only . He wants to borrow the balance money for the down payment from a private lender whose terms are:
If is borrowed for , the rate of interest is . The interest will be calculated on the whole amount for the whole year, even though the repayment has to be done in equal monthly installments starting from the first month itself. Thus he will have to repay an amount of per month for to repay . If upwards is borrowed for one , the rate of interest is and is calculated in exactly the same manner as above.
If Kunal can spare only a total of to be paid to the bike dealer and the money lender from his monthly earnings starting from the first month onwards which scheme should he choose (time taken to pay to the lender is equal to the time to pay installments)?

Study the following information given below and answer the following questions-
Mr. Kunal Dwivedi wants to buy a motorbike which is priced at . The bike is also available at down payment and monthly installment of per month for or down payment and monthly installment of per month for . Mr Kunal has with him only . He wants to borrow the balance money for the down payment from a private lender whose terms are:
If is borrowed for , the rate of interest is . The interest will be calculated on the whole amount for the whole year, even though the repayment has to be done in equal monthly installments starting from the first month itself. Thus he will have to repay an amount of per month for to repay . If upwards is borrowed for one , the rate of interest is and is calculated in exactly the same manner as above.
What is the approximate percentage difference in the total amount paid to the bike dealer, between the two installment schemes (with respect to the total payment of the scheme with down payment?) (Assume that Mr. Kunal will pay the installments out of his own earnings and he keeps his savings with himself and earns no interest on the same) Also assume for the down payment, he saves the balance before purchase.

Study the following information given below and answer the following questions-
Mr. Kunal Dwivedi wants to buy a motorbike which is priced at . The bike is also available at down payment and monthly installment of per month for or down payment and monthly installment of per month for . Mr Kunal has with him only . He wants to borrow the balance money for the down payment from a private lender whose terms are:
If is borrowed for , the rate of interest is . The interest will be calculated on the whole amount for the whole year, even though the repayment has to be done in equal monthly installments starting from the first month itself. Thus he will have to repay an amount of per month for to repay . If upwards is borrowed for one , the rate of interest is and is calculated in exactly the same manner as above.
If Mr. Kunal is ready to pay either of the down payments then which of the installments schemes is the better option of the two? (Assume that Mr. Kunal will pay the installments out of his own earnings and he keeps his savings with himself and earns no interest on the same). Also assume for the down payment, he saves the balance before purchase.

are three persons who each invested some amount in three different schemes . Data tells about the amount invested and the time of investment by them. Study the data carefully and answer the following question.
Amount invested by in scheme is of the amount invested by in the same scheme. invested in scheme and time for which he invested in scheme is five months more than time for which he invested in the same scheme. Ratio of amount invested by in scheme is same ratio of amount invested by in scheme . invested less in scheme than that of amount invested by in scheme .
Time of investment of is same in scheme . Amount invested by in scheme is less than amount invested by in scheme . invested more than in scheme . invested less in scheme than that of amount invested by him in scheme . Ratio of amount invested by in scheme to scheme is .
Out of total profit earned from scheme , got . Ratio of profit share of is in scheme , while time of investment of in scheme is . invested for ten months in scheme .
got of total profit both in scheme as well as in . Time of investment of in scheme is two months less than that of in scheme . invested for sixteen months in scheme .
If doubles his investment in scheme , then find what percent of decrement is seen in profit percentage?

are three persons who each invested some amount in three different schemes . Data tells about the amount invested and the time of investment by them. Study the data carefully and answer the following question.
Amount invested by in scheme is of the amount invested by in the same scheme. invested in scheme and time for which he invested in scheme is five months more than time for which he invested in the same scheme. Ratio of amount invested by in scheme is same ratio of amount invested by in scheme . invested less in scheme than that of amount invested by in scheme .
Time of investment of is same in scheme . Amount invested by in scheme is less than amount invested by in scheme . invested more than in scheme . invested less in scheme than that of amount invested by him in scheme . Ratio of amount invested by in scheme to scheme is .
Out of total profit earned from scheme , got . Ratio of profit share of is in scheme , while time of investment of in scheme is . invested for ten months in scheme .
got of total profit both in scheme as well as in . Time of investment of in scheme is two months less than that of in scheme . invested for sixteen months in scheme .
Amount invested by in scheme is what percent more than amount invested by in scheme

are three persons who each invested some amount in three different schemes . Data tells about the amount invested and the time of investment by them. Study the data carefully and answer the following question.
Amount invested by in scheme is of the amount invested by in the same scheme. invested in scheme and time for which he invested in scheme is five months more than time for which he invested in the same scheme. Ratio of amount invested by in scheme is same ratio of amount invested by in scheme . invested less in scheme than that of amount invested by in scheme .
Time of investment of is same in scheme . Amount invested by in scheme is less than amount invested by in scheme . invested more than in scheme . invested less in scheme than that of amount invested by him in scheme . Ratio of amount invested by in scheme to scheme is .
Out of total profit earned from scheme , got . Ratio of profit share of is in scheme , while time of investment of in scheme is . invested for ten months in scheme .
got of total profit both in scheme as well as in . Time of investment of in scheme is two months less than that of in scheme . invested for sixteen months in scheme .
If scheme offers S.I. at the rate of , then find interest earned by

are three persons who each invested some amount in three different schemes . Data tells about the amount invested and the time of investment by them. Study the data carefully and answer the following question.
Amount invested by in scheme is of the amount invested by in the same scheme. invested in scheme and time for which he invested in scheme is five months more than time for which he invested in the same scheme. Ratio of amount invested by in scheme is same ratio of amount invested by in scheme . invested less in scheme than that of amount invested by in scheme .
Time of investment of is same in scheme . Amount invested by in scheme is less than amount invested by in scheme . invested more than in scheme . invested less in scheme than that of amount invested by him in scheme . Ratio of amount invested by in scheme to scheme is .
Out of total profit earned from scheme , got . Ratio of profit share of is in scheme , while time of investment of in scheme is . invested for ten months in scheme .
got of total profit both in scheme as well as in . Time of investment of in scheme is two months less than that of in scheme . invested for sixteen months in scheme .
If earned profits from scheme and ratio between profit earned by from scheme is , then find total profit earned by from scheme together?

are three persons who each invested some amount in three different schemes . Data tells about the amount invested and the time of investment by them. Study the data carefully and answer the following question.
Amount invested by in scheme is of the amount invested by in the same scheme. invested in scheme and time for which he invested in scheme is five months more than time for which he invested in the same scheme. Ratio of amount invested by in scheme is same ratio of amount invested by in scheme . invested less in scheme than that of amount invested by in scheme .
Time of investment of is same in scheme . Amount invested by in scheme is less than amount invested by in scheme . invested more than in scheme . invested less in scheme than that of amount invested by him in scheme . Ratio of amount invested by in scheme to scheme is .
Out of total profit earned from scheme , got . Ratio of profit share of is in scheme , while time of investment of in scheme is . invested for ten months in scheme .
got of total profit both in scheme as well as in . Time of investment of in scheme is two months less than that of in scheme . invested for sixteen months in scheme .
both invested same amount they invested in scheme in two different schemes i.e. offers at C.I. and at S.I. respectively. Find the difference between interest earned by both after two years?

Ram, Suresh, Mohan, and Sonu started a business together. If Suresh and Mohan invested and of the total money invested respectively. The investment of Ram and Sonu are in the ratio . If the total profit is at the end of one year, then find the percentage share of Sonu?

P, Q, and R complete a work, if the ratio of their wages is . P works for days, Q works for days and R works for days.if they got then find out the difference between P and Q wages?

Sumit started a business with an investment of , after ______ months Ganesh joined the business with an investment of . At the end of one year of commencement of business, Sumit received Rs. _____ out of the total profit of .
The values given in which of the following options will fill the blanks in the same order in which is it given to make the above statement true:
A.
B.
C.

Naresh invested _____ for while Mukti invested more than Naresh for in a business. Total profit received by them is and the profit share of Mukti is _____ .
The values given in which of the following options will fill the blanks in the same order in which is it given to make the statement true:

A and B start a business with and and after months C joined the business with. after month B withdraw his money, if the annual profit is .then find the share of B in profit.
