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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.

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