Question

In a partnership business of A, B and C, what profit did B get at the end of 2 years?
I. A and B started the business by the investing in ratio 2:3.
II. C joined after 8 months with Rs 5 lakhs
III. After two years. A’s share in profit was Rs 40,000

Q: Answer-&lt;p&gt;In a partnership business of A, B and C, what profit did B get at the end of 2 years?&lt;/p...

From statements I and III, since we know the investment ratio of A and B, we can get the share of B in the profit.

In each of the following questions, a question and three statements I, II and III are given. You have to decide whether the date given in the statements are sufficient to answer the question or not.

A Only I and III are sufficient

B Only II and III are sufficient

C Either I or II and III are sufficient

D All I, II and III are necessary to answer the question

E The question cannot be answered even with all I, II and III

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In a partnership business of A, B and C, what profit did B get at the end of 2 years?
I. A and B started the business by the investing in ratio 2:3.
II. C joined after 8 months with Rs 5 lakhs
III. After two years. A’s share in profit was Rs 40,000

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In a partnership business of A, B and C, what profit did B get at the end of 2 years?I. A and B started the business by the investing in ratio 2:3.II. C joined after 8 months with Rs 5 lakhsIII. After two years. A’s share in profit was Rs 40,000

Detailed Solution

More Data Sufficiency Questions

Relevant for Exams:

Hey! Ask a query

Please Register/Login

In a partnership business of A, B and C, what profit did B get at the end of 2 years?
I. A and B started the business by the investing in ratio 2:3.
II. C joined after 8 months with Rs 5 lakhs
III. After two years. A’s share in profit was Rs 40,000