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A and b were partners in a firm. A invested 12000 on the first day of the business and b invested 30000 after 6 months of the commencement of the business. If a retired after 8 months of the commencement of the business, find the profit – sharing ratio of a to b after a year.

A and b were partners in a firm. A invested 12000 on the first day of the business and b invested 30000 after 6 months of the commencement of the business. If a retired after 8 months of the commencement of the business, find the profit – sharing ratio of a to b after a year. Correct Answer 8 : 15

The profit – sharing ratio of a to b: The profit – sharing ratio will be a’s investment * a’s time of investment : b’s investment * b’s time of investment = 12000 * 8 : 30000 * 6 = 96000 : 180000 = 8 : 15

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