Mark and Cody invest in a business and each put in $12000. After 3 months, Cody withdraws half of his capital. How should they share the profits after 12 months?  Select the correct option
A) 10:7  B) 3:2  C) 8:5  D) 4:3  E) 11:8
Mark invests $12000 for 12 months, but Cody invests $12000 for the first 3 months and then withdraws $6000. So, the investment of Cody for remaining 9 months is $6000 only.   Mark:8:5ody   12000*12 : (12000*3) + (6000*9)   144000 : 90000   Mark:8:5ody = 8:5   Answer: 8:5
<result>C</result>
Mark and Cody invest in a business and each put in $12000. After 3 months, Cody withdraws half of his capital. How should they share the profits after 12 months?