Multiple choice

For each of the following questions two statements are given. Use the data of those statements and then determine which of the following statements is necessary to answer the question. What is the total investment made by three partners - A, B and C? I: A invested Rs 2000. The ratio of time for A, B and C is 1:2:3. II: The total profit is Rs 6000.

  1. Statement I is sufficient to answer the question.

  2. Statement II is sufficient to answer the question.

  3. Either Statement I or statement II is sufficient to answer the question.

  4. Neither Statement I nor statement II is sufficient to answer the question.
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Statement I gives A's investment and time ratios but no profit or B and C's investments. Statement II only gives total profit. We need profit AND the ratio of investments (or B and C's investment amounts) to find total investment. Neither alone is sufficient.

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