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 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.Solution
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.
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