We are here with the discussion on Partnership topic of Quantitative section.Now a days this topic have became an important part of the Quantitative test in various competitive exams.
Kinds of Partnership:
Ratio of Divisions of Gains:
1. When investments of all the partners are for the same time, the gain or loss is distributed among the partners in the ratio of their investments.
A partner who manages the business is known as a working partner and the one who simply invests the money is a sleeping partner.
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