Question

In each of the following questions, a question is followed by two or three statement. Read all the statements and find that which statements are required to answer the question and answer accordingly.

Amar, Akbar and Anthony invested Rs 120000 in a business in ratio 5:3:2 respectively. What is the profit % earned by them after a year?

Statement I: Anthony got Rs 12000 as his share of profit.

Statement II: The difference in profits earned by Amar and Akbar is Rs 9000.

A If the data in statement I alone is sufficient to answer the question. Correct Answer Incorrect Answer
B If the data in statement II alone is sufficient to answer the question. Correct Answer Incorrect Answer
C If the data either in statement I alone or statement II alone are sufficient to answer the question. Correct Answer Incorrect Answer
D If the data given in both I and II together are not sufficient to answer the question. Correct Answer Incorrect Answer
E If the data in both the statements I and II together are necessary to answer the question. Correct Answer Incorrect Answer

Solution

From I, Anthony got Rs 12000 so 2x = 12000 So x = Rs 6000 So total profit = 5x + 3x + 2x = 10x = 10 × 6000 = Rs 60,000 So profit% = 60000/120000 × 100 = 50% From II , 5x - 2x = 9000 So, x = 3000 Further same as in I.

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