Partnership Tricks and Shortcuts For Bank Exams

The most important partnership tricks for bank exams are provided in this partnership shortcuts for bank exams article. If you are going to appear for the future bank exams and other competitive exams you can exploit this partnership tricks for bank exams. These partnership tricks for bank exams will help you to solve different types of partnership questions simply with speed and accuracy in bank exams. By exploiting these partnership tricks for bank exams you can learn how to solve partnership based questions simply by utilizing this partnership tricks for bank exams.

• Partnership: A partnership is whenever at least two or more individuals join hands with a shared objective to achieve benefits. Each member contributes either time, cash, or licenses to enable the association firm to harvest benefits. Go through this partnership tricks for bank exams article to know more about partrnership in bank exams.
• Simple Partnership: In Simple partnerships, all the resources are invested for the same time period by all the investors i.e. the capital (or other resources) stays in the business for the same duration. In this, the profit is distributed in proportion of their contributed resources. Take an idea to know how to solve the partnership questions with the partnersip tricks for bank exams.

If P and Q contributed Rs. a and b respectively for one year in business, then their profit or loss at that time will be:

P’s benefit (or misfortune) : Q’s profit(or misfortune) = a : b

• Compound Partnership: In a compound partnership, the money is invested during different periods of time by multiple investors. The benefit-sharing proportion is ascertained by duplicating the capital contributed with the unit of time (generally months). Utilize this partnership tricks for bank exams to know more about partnership questions in the bank exams.

P1 : P2 = C1 × T1 : C2 × T2

P1 = Partner 1’s Profit.

C1 = Partner 1’s Capital.

T1 = Time period for which Partner 1 contributed his capital.

P2 = Partner 2’s Profit.

C2 = Partner 2’s Capital.

T2 = Time period for which Partner 2 contributed his capital

• Sleeping Partner: Sleeping Partner gives money, credit or different resources, for example, a land, building or machinery; however, has nothing to do with the business management. This partnership tricks for bank exams article will help you to be familiar with the partnership questions in the bank exams.

• Working Partner: A partner who has responsibilities for maintaining the business as an active partner. Each partner plays an important role, like production or marketing. Working Partner also gets its incentive due to its management. Then remaining profit is dividing between both according to their investment
• Practicing more partnership questions regularly on a daily basis by using these partnership tricks for bank exams and partnership shortcuts for bank exams is the only way to ace this topic.
• You should be familiar with the basic important partnership formula for bank exams to make your calculations easier. The partnership formula pdf for bank exams is attached in this partnership shortcuts for bank exams article. So you can download partnership tricks for bank exams pdf and start practicing effectively. 

Download partnership formula pdf for bank exams

We hope that these partnership tricks for bank exams and partnership shortcuts for bank exams article will be useful to your bank exams preparation. By exploiting these partnership tricks for bank exams and partnership shortcuts for bank exams you can find how to solve various types of partnership questions. So that you can follow our guidely team to know various information and study materials regarding bank exams preparation. 

Partnership Tricks and Shortcuts For Bank Exams FAQs

Q. What is compound partnership?

A. In a compound partnership, the money is invested during different periods of time by multiple investors. The benefit-sharing proportion is ascertained by duplicating the capital contributed with the unit of time (generally months).

P1 : P2 = C1×  T1 : C2 × T2

Q. What are the types of partnership in aptitude?

A. There are two types of partnership: simple partnership and compound partnership.