Online Exam » Aptitude » Partnership



PARTNERSHIP :

 

(i)  When two or more than two persons run a business jointly, they are called partners and the deal is known as partnership.

 

(ii)  A partner who manages the business is called a working partner while the one who simply invests money but does not  look after the business is called a sleeping partner.

 

(iii)  Ratio of profits = Ratio of capital / Monthly capital


Please fill the follwing details to start Exam


Instruction:

  • Total No. of Questions : 5
  • Time alloted : 5 minutes
  • Each question carry 1 mark, no negative marks

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