Quantitative Aptitude Test #6 (Ratio and Proportion)| Partnership
When two or more people invest their money in a business, persons are called Partners, their relationship is Partnership and money is Capital.
- If they invest money for the same time, it is called simple partnership.
- If they invest money for different time, it is called compound partnership.
This topic is basically based on ratio and percentage.
Partnership Problems:
Profit is directly proportional to Time and Investments.
Profit ∝ Time Profit ∝ Investments
Profit ∝ (Time × Investments)
Profit ∝ (Time × Investments)
Let's solve this type of questions:
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