In a partnership business, B’s capital was half of A’s capital. If after 8 months, B withdraw \(\frac{1}{3}\)rd of his capital and after 2 more months A withdraw \(\frac{1}{2}\)th of the capital, then their profit ratio at the end of one year will be:
Answer & explanation
Correct answer: option 3
Let investment of A = 6R
and investment of B = 3R
After withdrawal:
Investment of A = 3R
Investment of B = 2R
ATQ,
(A1 : A) : ( B : B1)
Inv. 3 : 6 : 3 : 2
Time 2 : 10 : 8 : 4
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Profit: (6 + 60) : (24 + 8)
66 : 32
33 : 16
(*Profit ratio = Inv. ratio × time ratio)