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### Grade 8 - Mathematics9.5 Partnership - I

 Capital: If some one starts a business some amount is necessary, it is called capital. Partnership: A business is undertaken by two or more persons is called partnership. Partners: Who runs the business jointly are called partners. Investment: The money invested by the partners in the business is called investment. Example: Two partners Jack and Mike started business with capitals \$8,000 and \$10,000 respectively and made a profit of \$2,700. At the end of the year find the share of each. Solution: Investment of Jack = \$8,000 Investment of Mike = \$10,000 Ratio of the investment of Jack and Mike = 8,000 : 10,000 = 4:5 Period of investment is same, so the profit is divided in the ratio of their investments. Ratio in which the profit is divided = 4:5 Profit at the end of the year = \$2,700 Jack's Profit = (2700*4) / 9 = \$1,200 Mike's Profit = (2700*5) / 9 = \$1,500 Directions: Solve the following problems. Also write at least 5 examples of your own.
 Q 1: Two partners Nancy and Cathy started business with capitals \$12,000 and \$16,000 respectively and made a profit of \$10,850. Find the share of Nancy.\$4,550\$4,650\$4,500\$4,600 Q 2: Two partners Peter and Mike started business with capitals \$16,000 and \$12,000 respectively and made a profit of \$3,500. Find the share of Mike.\$1,300\$1,200\$1,500\$2,000 Q 3: Two partners Micheal and Dan started business with capitals \$4,000 and \$6,000 respectively and made a profit of \$1,500. Find the share of Dan.\$900\$750\$650\$850 Q 4: Two partners Adam and Tim started business with capitals \$15,000 and \$20,000 respectively and made a profit of \$5,600. Find the share of Adam.\$2,200\$2,800\$2,400\$2,600 Q 5: Two partners Ron and Matt started business with capitals \$3,000 and \$5,000 respectively and made a profit of \$1,880. Find the share of Matt.\$1,075\$1,000\$1,025\$1,050 Q 6: Two partners Jack and Cole started business with capitals \$18,000 and \$15,000 respectively and made a profit of \$9,350. Find the share of Jack.\$5,200\$5,100\$5,300\$5,400 Question 7: This question is available to subscribers only! Question 8: This question is available to subscribers only!