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Online Banking Classes – Quantitative Aptitude Partnership

Online Banking Classes – Quantitative Aptitude Partnership


Banking classes online : When two or more persons agree to invest their sum of money to run a business, then this kind of agreement is called partnership. The persons involved in the partnership are called partners.
There are two types of partnership:
  1. Simple Partnership: In simple partnership, partners invest their capital for the same period of time.
  2. Compound Partnership: In compound partnership, partners invest their capital for the different period of time.
Important Formulas:
  • If two partners X and Y are investing their money to run a business for the same period of time i.e., in case of Simple partnership
Capital of X: Capital of Y = Profit of X: Profit of Y
  • If two partners A and B are investing their money to run a business for the different period of time i.e., in case of Compound Partnership.



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