{"id":783,"date":"2023-07-13T19:30:00","date_gmt":"2023-07-13T14:00:00","guid":{"rendered":"https:\/\/examdays.com\/blog\/?p=783"},"modified":"2023-07-13T16:09:56","modified_gmt":"2023-07-13T10:39:56","slug":"partnership-tricks-ssc-chsl-cgl-bank-exams","status":"publish","type":"post","link":"https:\/\/examdays.com\/blog\/partnership-tricks-ssc-chsl-cgl-bank-exams\/","title":{"rendered":"Partnership Tricks for SSC CHSL CGL Bank Exams"},"content":{"rendered":"\n<p class=\"has-drop-cap\"><span style=\"color: #000000;\">What is Partnership and Why is it so important in exams:<\/span> <span style=\"color: #000000;\">A partner who manages the business is known as a working partner<\/span>&nbsp;and the one who simply invests the money is a&nbsp;sleeping partner&nbsp;is called a<span style=\"color: #000000;\"> Partnership.<\/span><\/p>\n\n\n\n<p><span style=\"color: #000000;\">Partnership, the concept is important to understand the concept of business model, where it useful in job location also important to understand the complete business model concept.<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"1-partnership-formula-and-tricks\">partnership formula and tricks<\/h2>\n\n\n\n<p><span style=\"color: #000000;\"><strong><span class=\"heading\">Ratio of Division of Gains<\/span><\/strong><\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><span style=\"color: #000000;\">The amount of investment of all the partners are for the same time period, the gain or loss amount is distributed among the partners in the ratio of their investment amounts.<\/span><\/li>\n<\/ul>\n\n\n\n<p><span style=\"color: #000000;\"><b>Suppose, Karthik and Rajesh<\/b>&nbsp;invest some money&nbsp;<b>Rs. K1&nbsp;<\/b>and <strong>K<\/strong><b>2<\/b>&nbsp;respectively for a year in a business, at the end of year profit will be distributed among them&nbsp;<b>( Karthik share of profit ) : ( Rajesh share of profit ) = Karthik : Rajesh.<\/b><\/span><\/p>\n\n\n\n<p><span style=\"color: #000000;\"><b>Suppose,<\/b>&nbsp;Rajesh invest Rs. M1 for&nbsp;<b>T1<\/b>&nbsp;months and Harry invest Rs. M2 for&nbsp;<b>T2<\/b>&nbsp;months, then&nbsp;<b>( Rajesh share of profit ) : ( Harry share of profit ) = Rajesh T1 :&nbsp;Harry T2.<\/b><\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"2---partnership-problems-tricks--\"><span style=\"color: #000000;\"><strong>partnership problems tricks<\/strong><\/span><\/h3>\n\n\n\n<p><span style=\"color: #000000;\">Shreya and her friend invested in the ratio 5 : 3 in a business. If 4% of the profit is given to charity and Shreya&#8217;s share is Rs.1,200 then what will be the total profit?<\/span><br><span style=\"color: #000000;\">a)Rs.1k b)Rs.2k c)Rs.1.5k d)Rs.1.8k<\/span><\/p>\n\n\n\n<p><span style=\"color: #000000;\"><b>Answer:<\/b>&nbsp;b)Rs.2k<\/span><\/p>\n\n\n\n<p><span style=\"color: #000000;\"><b>Solution:<\/b><\/span><\/p>\n\n\n\n<p><span style=\"color: #000000;\">Let the total profit be Rs.100.<\/span><br><span style=\"color: #000000;\">4% of profit is for charity,<\/span><br><span style=\"color: #000000;\">Shreya&#8217;s share = Rs.[(100-4) x (5\/8)] = [96 x(5\/8)] = Rs.60<\/span><\/p>\n\n\n\n<p><span style=\"color: #000000;\">If Shreya&#8217;s share is Rs.60 then the total profit = Rs.100.<\/span><\/p>\n\n\n\n<p><span style=\"color: #000000;\">If Shreya&#8217;s share is Rs.1,200 then total profit = Rs.[(100\/60) x 1200] = Rs.2,000.<\/span><\/p>\n\n\n\n<p><strong><span style=\"color: #000000;\">The answer is Rs.2k<\/span><\/strong><\/p>\n\n\n\n<div id=\"affiliate-style-77c912b3-ea1e-4489-85fd-5b9522e3efa3\" class=\"wp-block-affiliate-booster-ab-tableof-content affiliate-toc-align-left affiliate-toc-columns-1 affiliate-block-77c912b3\" data-scroll=\"true\" data-offset=\"30\" data-delay=\"800\"><div class=\"affiliate-toc-inner affiliate-toc-islist affiliate-toc-align-\"><div class=\"affiliate-toc-wrap\"><div class=\"affiliate-toc-title-wrap\"><div class=\"affiliate-toc-title\">Table Of Contents<\/div><\/div><div class=\"affiliate-toc-list-wrap\"><ul class=\"affiliate-toc-list desktop1 tablet1 mobile1\"><li><a href=\"#1-partnership-formula-and-tricks\">partnership formula and tricks<\/a><ul class=\"affiliate-toc-list\"><li><a href=\"#2---partnership-problems-tricks--\">partnership problems tricks<\/a><\/li><\/ul><\/li><\/ul><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>What is Partnership and Why is it so important in exams: A partner who manages the business is known as &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Partnership Tricks for SSC CHSL CGL Bank Exams\" class=\"read-more button\" href=\"https:\/\/examdays.com\/blog\/partnership-tricks-ssc-chsl-cgl-bank-exams\/#more-783\" aria-label=\"Read more about Partnership Tricks for SSC CHSL CGL Bank Exams\">Read more<\/a><\/p>\n","protected":false},"author":17,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10],"tags":[15118,15119,15121,15120,483],"class_list":["post-783","post","type-post","status-publish","format-standard","hentry","category-reasoning","tag-partnership-formula-and-tricks","tag-partnership-math-trick","tag-partnership-problems-formula","tag-partnership-problems-tricks","tag-partnership-tricks"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Partnership Tricks for SSC CHSL CGL Bank Exams<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mediumseagreen-worm-793803.hostingersite.com\/blog\/partnership-tricks-ssc-chsl-cgl-bank-exams\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Partnership Tricks for SSC CHSL CGL Bank Exams\" \/>\n<meta property=\"og:description\" content=\"What is Partnership and Why is it so important in exams: A partner who manages the business is known as ... 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