In these questions, a question is given followed by information in three statements consider the information in all the three statements and decide the information in which statement(s) is not necessarily required, to answer the question and therefore can be dispensed with. Indicate your answer accordingly. What is Neeta’s share in the profit earned at the end of 2 year in a joint business run by Neeta, Seeta and Geeta ? I. Neeta invested Rs. 85,000/- to start the business. II. Seeta and Geeta joined Neeta’s business after six months investing amounts in the ratio of 3 : 5 respectively. III. Total amount invested by Seeta and Geeta is Rs. 2.5 lacs
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Only ll
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Only III
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Only either II or III
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Only I
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None can be dispense
E
Correct answer
Explanation
To find Neeta's share, we need: (1) Neeta's investment amount (I gives 85,000 for 2 years), (2) profit calculation method (assumed proportional to investment × time), (3) Seeta and Geeta's individual investments and timing. II says they joined after 6 months (invested for 18 months) in 3:5 ratio, but not actual amounts. III says total of Seeta+Geeta = 2.5 lacs, but not individual split or timing. Both II and III are needed together to determine their investments. Only I can be dispensed with? Wait - I gives Neeta's 85,000 which IS needed. The question asks what CAN be dispensed. Actually ALL three seem necessary: I (Neeta's amount), II (timing + ratio for S&G), III (total for S&G). But the answer says E (None can be dispensed). That's correct - all three are needed.