Aman is a working partner and Bablu is a sleeping partner in a business and Aman puts in Rs.5000 and Bablu puts in Rs. 6000.Aman received 15% of the profit for managing the business and the rest is divided in proportion to their capitals the amount received by Aman out of the total profit of Rs.880.
Investment of capital by Aman and Bablu is 5000: 6000. A: B = 5:6 Total profit = 880 Money got by Aman for managing the business=880 ×15% =132 Rs. Remaining amount =880-132 =748 Amount received by Aman =132+748 ×5/11 =132 + 340 =472.
Limits in WMA is mutually decided by GOI and RBI as per the requirement
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