Use the following information to answer the question given. (begin{array}{c|c} Capital & Le\ hline Aye…

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
  • A.
    Le 6,000
  • B.
    Le 4,800
  • C.
    Le 4000
  • D.
    Le 3,200
Correct Answer: Option D
Explanation
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