Ajay and Babu entered into a partnership investing Rs. 16000 and Rs. 12000, respectively. After 3 months, Ajay withdrew Rs. 5000 and Babu invested Rs. 5000 more. What should be the respective profit sharing ratio of Ajay and Babu?

Ajay and Babu entered into a partnership investing Rs. 16000 and Rs. 1

1.	Ajay and Babu entered into a partnership investing Rs. 16000 and Rs. 12000, respectively. After 3 months, Ajay withdrew Rs. 5000 and Babu invested Rs. 5000 more. What should be the respective profit sharing ratio of Ajay and Babu?
A.	2 : 3
B.	9 : 7
C.	7 : 9
D.	8 : 11
Answer» D. 8 : 11

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Ajay and Babu entered into a partnership investing Rs. 16000 and Rs. 12000, respectively. After 3 months, Ajay withdrew Rs. 5000 and Babu invested Rs. 5000 more. What should be the respective profit sharing ratio of Ajay and Babu?

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