A and B are partners with a profit-sharing ratio of 2:1 and capitals of ₹3,00,000 and ₹2,00,000 respectively. They are allowed 6% p.a. interest on their capitals and are charged 10% p.a. interest on drawings. Their drawings during the year were A: ₹60,000 and B: ₹40,000. B’s share of net profit as per profit and loss appropriation account amounted to ₹40,000. Net profit of the firm before any appropriations was:
a. ₹1,22,000
b. ₹1,13,000
c. ₹1,17,000
d. ₹1,45,000