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Aman, Bhanu and Chaman invested Rs.1000, Rs.3000 and Rs.5000 respectively in partnership. Aman,
Bhanu and Chaman invested for 6 months, 9 months and 12 months respectively. Aman is entitled to
Rs.3000 as salary per month. If remaining profit is distributed in the ratio of their investment and profit
share of Bhanu is Rs.46,800 at the end of the year, then find the difference between Aman’s and Chaman’s
profit share at the end of the year.?
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Aman, Bhanu and Chaman invested Rs.1000, Rs.3000 and Rs.5000 respectiv...
Solution:

Given, Aman invested Rs.1000 for 6 months, Bhanu invested Rs.3000 for 9 months and Chaman invested Rs.5000 for 12 months.

Aman's monthly salary = Rs.3000

Let's calculate the total investment made by all partners for the year:

Total Investment = (1000*6) + (3000*9) + (5000*12) = Rs. 93000

Let's calculate the profit share of Bhanu:

Bhanu's investment = Rs.3000*9 = Rs.27000

Profit share of Bhanu = Rs.46800

Profit Share Ratio of Bhanu = 46800/27000 = 1.733

Let's calculate the profit share ratio of all partners:

Aman's investment = Rs.1000*6 = Rs.6000

Chaman's investment = Rs.5000*12 = Rs.60000

Profit Share Ratio of Aman = (6000/93000)*(12/12) + (3000*6/93000) = 0.074

Profit Share Ratio of Chaman = (60000/93000)*(12/12) = 0.645

Total Profit Share Ratio = 0.074 + 1.733 + 0.645 = 2.452

Let's calculate the total profit earned for the year:

Total Profit = Profit Share Ratio * Total Investment

Total Profit = 2.452 * 93000 = Rs.227796

Let's calculate the profit share of all partners:

Profit Share of Aman = (6000/93000) * 227796 + (3000*6) = Rs. 25563.87

Profit Share of Bhanu = (27000/93000) * 227796 = Rs. 66211.47

Profit Share of Chaman = (60000/93000) * 227796 = Rs. 147020.66

The difference between Aman's and Chaman's profit share = Rs. 121456.79 (rounded off to two decimal places)

Answer: The difference between Aman’s and Chaman’s profit share at the end of the year is Rs. 121456.79.
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Aman, Bhanu and Chaman invested Rs.1000, Rs.3000 and Rs.5000 respectively in partnership. Aman,Bhanu and Chaman invested for 6 months, 9 months and 12 months respectively. Aman is entitled toRs.3000 as salary per month. If remaining profit is distributed in the ratio of their investment and profitshare of Bhanu is Rs.46,800 at the end of the year, then find the difference between Aman’s and Chaman’sprofit share at the end of the year.?
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Aman, Bhanu and Chaman invested Rs.1000, Rs.3000 and Rs.5000 respectively in partnership. Aman,Bhanu and Chaman invested for 6 months, 9 months and 12 months respectively. Aman is entitled toRs.3000 as salary per month. If remaining profit is distributed in the ratio of their investment and profitshare of Bhanu is Rs.46,800 at the end of the year, then find the difference between Aman’s and Chaman’sprofit share at the end of the year.? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Aman, Bhanu and Chaman invested Rs.1000, Rs.3000 and Rs.5000 respectively in partnership. Aman,Bhanu and Chaman invested for 6 months, 9 months and 12 months respectively. Aman is entitled toRs.3000 as salary per month. If remaining profit is distributed in the ratio of their investment and profitshare of Bhanu is Rs.46,800 at the end of the year, then find the difference between Aman’s and Chaman’sprofit share at the end of the year.? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Aman, Bhanu and Chaman invested Rs.1000, Rs.3000 and Rs.5000 respectively in partnership. Aman,Bhanu and Chaman invested for 6 months, 9 months and 12 months respectively. Aman is entitled toRs.3000 as salary per month. If remaining profit is distributed in the ratio of their investment and profitshare of Bhanu is Rs.46,800 at the end of the year, then find the difference between Aman’s and Chaman’sprofit share at the end of the year.?.
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