What is Jakata’s sharing profit?

The partners capital are: Modibbo #60,000
and Jakata #90,000. The partners share
profit and losses in the ratio of their capital
contributions.
The net profit for the year is #12,000.

A. 3:5
B. 1:2
C. 2:5
D. 1:5

Correct Answer:

Option D – 1:5