Correct Answer - Option 3 : Rs. 109500
Concept:
The ratio of profit = Time × Investment
Calculation:
The ratio of the profit to be shared among Amrita, Bhawna and Chanda:-
Amrita : Bhawna : Chanda
Rs. 13800 × 4 months + Rs. 16800 × 8 months : Rs. 17250 × 4 months + Rs. 14250 × 8 months : Rs. 12250 × 6 months
632 : 610 : 245
According the the question:
The value of the total profit in terms of ratio will be equal to (632 + 610 + 245) 1487
The difference of the share of Bhawna and Chanda would be (610 - 245) = 365
Now, 1487 = 446100
1 = 446100/1487 ⇒ 300
∴ 365 = 365 × 300 ⇒ 109500
The share of Bhawna exceeds that of Chanda by Rs. 109500