Partnership
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Quantitative Aptitude - Partnership
Solve business partnership profit-sharing using capital and time ratios.
1. Basic Formula
Profit share = capital × time. Ratio of profit = (C1×T1):(C2×T2).
2. Variations
- One partner joins late: his time part reduces contribution.
- One partner invests more: capital part increases share.
3. Quick Tips
- Multiply capital and time for each partner before comparing.
- If time is same, compare capitals only.
4. Common Errors
- Comparing capitals directly without time factor.
- Forgetting to adjust start and end times.
5. Revision Checklist
- Practice problems with staggered investments or durations.
Summary: Partner share is proportional to capital-time product; write both factors for each partner, simplify ratio, and verify by reconstructing profit distribution.
Topics
- Number System
- H.C.F. & L.C.M.
- Decimal Fractions
- Simplification
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- Average
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- Surds & Indices
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- Work & Wages
- Set Theory / Venn Diagrams
- Geometry (Lines, Angles, Triangles, Polygons)
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