Today, I am sharing the **'Partnership' **chapter from quantitative aptitude. It is also an important chapter because 1-2 questions in exams mostly comes from this chapter. **Partnership **chapter with examples is given below. I hope it will be beneficial for you.

**Meaning and Introduction**

**Formulae**

Following are some formulae to solve the questions based on this chapter. Learn these formulas carefully .

### If the business is run by Two Partners

Suppose A and B are two partners that run the business. In such a case following formula is used:

Another formula is

(MEI stands for Monthly Equivalent Investment)

**Answer -**

As from the above information, profits are shared in the ratio of their investents. Money invested by A and B for the same period so, following formula will be apply.

### If the business is run by more than Two Partners

In such a case, following formula is applied.

**MEI of A : MEI of B : MEI of C = Profit of A : Profit of B : Profit of C**

**Answer -**

MEI of Ajay : MEI of Bashir : MEI of Cherman= Ajay's profit : Bashir's Profit : Cherman's Profit

(MEI stands for Monthly Equivalent Investment)

= (320 × 4) : (510 × 3) : (270 × 5)

= 1280 : 1530 : 1350

= 128 : 153 :135

### When Amount of Capital Invested is not given

Lets take the example to understand this case.

**Answer -**

As the ratio of capitals of Amrit and Brij are given 4 : 5

Let, the capitals of Amrit and Brij be 4x and 5x respectively. Hence, monthly equivalent of investment (MEI) of Amrit

=

Similarly, monthly equivalent of investment of Brij is:

As we know:

### Some Other Type of Questions

**Answer -**

(For ease of the solution take Ashok,Bindusara and Chandragupta as A, B and C)

Given that

B + C = 100

A + C = 150

A = 2B

2B + C = 150

B + (B + C) = 150 [Since B + C = 100]

B = 150 - 100 = 50

A + B + C = (A + C) + B = 150 + 50 =

*Rs. 200***Answer -**

Capital of C = 1 - 1/6 - 1/3 = 1/2

Let the total time be 12 months

A's profit : B's profit : C's profit = MEI of A : MEI of B : MEI of C

Share of Ashok = 1/ 23 × 2300 = Rs. 100

So, above are the some formulas to understand the 'Partnership' chapter. So, Keep the practice and All the Best.

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