Use the following information to answer the question given.
\(\begin{array}{c|c} Capital & Le\\ \hline Aye & 20,000\\ Bee & 30,000\\ Drawings & \\ Aye & 8,000 \\ Bee & 2,000 \\ \text{Profit for the year} & 2,000\\ \text{Interest on capital-6%} & \\ \text{Interest on drawings – 10%} & \end{array}\).
Profit sharing is in the ratio of capital. Aye;s share of profit is
- Le 6,000
- Le 4,800
- Le 4000
-
Le 3,200
