Do you think Partnership is Tougher?

HOW TO SERIES

Hi Bankersdaily Aspirants,

You all know that IBPS RRB Exams are  heading soon,we are all in the Preparation of the Exams.Aspirants,”you will attain your destination in a short span of time if you work smarter than harder”.Aspirants you all know that,to increase the score in Competitive exam we should choose the topic which we can solve in just 2 seconds,Today we are going to discuss Problems based on Patnership,Patnership is one among the easiest topic.There will be 1 or 2 questions from Patnership

INTRODUCTION:

The Questions from Patnership is quite constant they may not trick you in this topic,the only possible way to trick you in this topic is giving  unique number of months for each individual.

PROBLEMS BASED ON PARTNERSHIP

BASED ON DIFFERENT INVESTMENT PERIOD

BASED ON COMPOUND PARTNERSHIP

BASED ON RATIO’S

#.1 TYPE 1:

BASED ON DIFFERENT INVESTMENT PERIOD:

1)A,B & C enter into Partnership.A invests Rs.1200 for 4 months,B invests Rs.1400 for 8 months and  C invests Rs.1000 for 10 months.They gain Rs.585 altogether.Find the share of each.

EXPLANATION

A’s Investment=1200*4=4800

B’s Investment=1400*8=11200

C’s Investment=1000*10=10000

Their Ratio’s are

=4800:11200:10000

=48:112:100

=24:56:50

=12:28:25

Total Share=12+28+25=65

A’s Share=(12/65)*585=Rs.108

B’s Share=(28/65)*585=Rs.252

C’s Share=(25/65)*585=Rs.225


PRACTICE THIS SUM:

1)A Starts a business with Rs.2000.B joins him after 3 months with Rs.4000.C puts a sum of Rs.10000 in the business for 2 months only.At the end of the year the business gave a profit of Rs.5600How should the profit be divided among them?

CHECK YOUR ANSWER

A’ Share=Rs.1680

B’s Share=Rs.2520

C’s Share=Rs.1400


2) A and B enter into patnership investing Rs.12000 & Rs.16000 respectively.After 8 months,C also joins the business with the capital of Rs.15000.The share of C in a profit of Rs.45600 after 2 years will be?

CHECK YOUR ANSWER
Rs.12000


#.2 TYPE 2:

BASED ON COMPOUND PARTNERSHIP:

1)A and B enter into a Partnership with their capitals in the ratio 7:9.At the end of 8 months,A withdraws his capital.If they receive the profits in the ratio 8:9,Find how long B’s Capital was used?

EXPLANATION

 

A’s Share:

A’s Investment*Time Period

=7*8

=56

B’s Share:

=B’s Investment * Time Period

=9 * x

=9x

Given their Profit is,

A’s Profit=8

B’s Profit=9

=(7*8*9)/(8*9)

=7 months

Therefore B’s Capital is used for 7 Months


PRACTICE THIS SUM:

1)A started a business by investing Rs.2700.After sometime B joined him by investing Rs.2025.At the end of one year,the profit was divided in the ratio 2:1.After how many months did B join the business?

CHECK YOUR ANSWER
4 Months

#.3 TYPE 3:

BASED ON RATIO’S:

1)Dilip,Ram and Amar started a shop by investing Rs.2700,Rs.8100 and Rs.7200 respectively.At the end of one year,the Profit was distributed.If Ram’s Share was Rs.3600,their Profit was?

EXPLANATION

Ratio of three persons=2700:8100:7200

Their Ratio’s=27:81:72

=3:9:8

Given that Ram Share (9x)=3600

x=400

Total Ratio=3+9+8=20

=20*40

=Rs.8000


PRACTICE THIS SUM:

1)Jayant Started a business,investing Rs.6000.Six months later Madhu Joined him,investing Rs.4000.If they made a profit of Rs.5200 at the end of the year,how much must be the share of Madhu?

CHECK YOUR ANSWER
Rs.1300

2)X and Y invested in a business.They earned some profit and divided in the ratio 2:3.If X invested Rs.40,Find the money invested by Y.

CHECK YOUR ANSWER
Rs.60

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