Partnership Business - ConceptEra

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Partnership Business

Q- Three friends have started a business by investing ₹ 8000, ₹ 10000 and ₹ 12000 respectively. They also took an amount as bank loan. At the end of year, they made a profit of ₹ 13400. After paying the annual bank instalment of ₹ 5000 they divided the remaining money of the profit among themselves in the ratio of their capitals, let us write by calculating the profit share of each.

Chapter: Partnership Business

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Q- Three friends took a loan of ₹ 6000, ₹ 8000, ₹ 5000 respectively from a co-operative bank on the condition that they would not have to pay interest, if they would repay their loan within two years. They invested the money to purchase 4 cycle rickshaws, after two years they made a profit of ₹ 30400 excluding all the expense. They divide the profit among themselves in the ratio of their capitals and repaid back their individual loans amount to the bank. Let us write by calculating the amount of their individual share and the ratio of their shares.

Chapter: Partnership Business

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Q- I and my friend Mala together have started a business with capitals of ₹ 15000 and ₹ 25000 respectively. If the make a profit of ₹ 16,800 in a year, let us see that the profit share shall we each get.

Chapter: Partnership Business

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Q- Priyam Supriya and Bulu have opened a small shop of grocery shop with capitals of ₹ 15000, ₹ 10000, and ₹ 25000 respectively. But after a year there was a loss of ₹ 3000. Let us write by calculating what each must pay to make up the loss.

Chapter: Partnership Business

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Q- Shobha and Masud together bought a car for ₹ 250000 and sold it for ₹ 262,500. If Shobha paid 1 ½ times more than Masud, let us write by calculating their shares of profit.

Chapter: Partnership Business

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