Partnership Shortcut Tricks
Partnership shortcut tricks are very important thing to know for your exams. Time takes a huge part in competitive exams. If you manage your time then you can do well in those exams. Most of us skip that part. Here in this page we give few examples on Partnership shortcut tricks. All tricks on partnership are provided here. We request all visitors to read all examples carefully. These examples here will help you to better understand shortcut tricks on partnership.
Before doing anything we recommend you to do a math practice set. Write down twenty math problems related to this topic on a page. Using basic math formula do first ten maths of that page. You also need to keep track of timing. After solving all ten math questions write down total time taken by you to solve those questions. Now read our examples on partnership shortcut tricks and practice few questions. After doing this go back to the remaining ten questions and solve those using shortcut methods. Again keep track of the time. The timing will be surely improved this time. But this is not all you want. You need more practice to improve your timing more.
You all know that math portion is very much important in competitive exams. That doesn’t mean that other sections are not so important. You can get a good score only if you get a good score in math section. You can get good score only by practicing more and more. The only thing you need to do is to do your math problems correctly and within time, and you can do this only by using shortcut tricks. But it doesn’t mean that you can’t do math problems without using any shortcut tricks. You may have that potential to do maths within time without using any shortcut tricks. But so many other people may not do the same. For those we prepared this partnership shortcut tricks. We always try to put all shortcut methods of the given topic. But if you see any tricks are missing from the list then please inform us. Your help will help others.
Now we will discuss some basic ideas of Partnership. On the basis of these ideas we will learn trick and tips of shortcut partnership. If you think that how to solve partnership questions using partnership shortcut tricks, then further studies will help you to do so.
What is Partnership?
Persons Two or more than two persons when start and manage the new business in company with of there own choice, the persons start they are called Partners and the trade is done between the partners is known as Partnership.
This type of problem are given in Quantitative Aptitude which is a very essential paper in banking exam. Under below given some more example for your better practice.
Anything we learn in our school days was basics and that is well enough for passing our school exams. Now the time has come to learn for our competitive exams. For this we need our basics but also we have to learn something new. That’s where shortcut tricks are comes into action.
Ratio of Division of Gains
- The amount 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 investments amounts.
Suppose, Mukesh and Anil invest some money Rs. M1 and M2 respectively for a year in a business, at the end of year profit will be distributed among them ( Mukesh share of profit ) : ( Anil share of profit ) = Mukesh : Anil.
- When investments are for different time periods, then equivalent capital are calculated a unit of time by taking ( Capital x number of unit of time ).
Suppose, Mukesh invest Rs. M1 for T1 months and Anil invest Rs. M2 for T2 months, then ( Mukesh share of profit ) : ( Anil share of profit ) = Mukesh T1 : Anil T2.
Working and Sleeping Partners
A partner who manages the business is known as a working partners and the one who simply invest the money is a sleeping partner.
Few examples of Partnership with Shortcut Tricks
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