Correct Answer - Option 4 : 16 : 21
Given:
A's investment = Rs. 80000
B's investment = Rs. 70000
A joined after 8 months
Formula used:
Profit = Investment × time
Calculation:
B's profit = 70000 × 24
A's profit = 80000 × 16
Now, A : B = 80000 × 16 : 70000 × 24
⇒ 128 : 168
⇒ 16 : 21
∴ The answer is 16 : 21