If a business is run by one person it is propritership. And if the business is run by 2 or multiple persons then it is called as partnership business. Example : if person a invests 1000 rupees and b invests 500 rupees in a business, then at the end of the year their profit share will be 1000:500 which is equal to 2:1, where person a gets double the profit of person b. This rule will slightly change when the investing period changes. Partnership questions mostly talks about the profit or loss percentage of a person in the partnership business.This section coveres all the questions and answers on partnership which is part of time and work. This is also part of arithmetic.
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