Correct option is E
Profit sharing ratio of X to Y = 8000×6+(8000-P)×6 : 12000×6
= 96000 – 6P : 72000
= 16000 - P : 12000
Read the information carefully and answer the questions given below.
X and Y invested Rs. 8000 and Rs 12000 respectively in a business. After six months, Y left the business and X reduced his initial investment by Rs P.
Profit sharing ratio of X to Y = 8000×6+(8000-P)×6 : 12000×6
= 96000 – 6P : 72000
= 16000 - P : 12000
Profit sharing ratio of X to Y = 8000×6+(8000-P)×6 : 12000×6
= 96000 – 6P : 72000
= 16000 - P : 12000
Profit sharing ratio of X to Y = 8000×6+(8000-P)×6 : 12000×6
= 96000 – 6P : 72000
= 16000 - P : 12000
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