Multiple choice

The questions given below contain three statements giving certain data. You have to decide whether the data given in the statements are sufficient for answering the question? What is R's share? (I) Q invested Rs. 80000/- in a business. (II) R joined him after 3 months. (III) P entered into the business after 4 months with a capital of Rs. 1,20,000 and earned a profit of Rs. 6000.

  1. I and III

  2. II and III

  3. All I, II and III

  4. Answer can not be given even using all the three statements.

  5. None of these

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

To find R's share in a business, we need complete information about: investment amounts, duration of investment for each partner, and total profit. Statement I gives Q's investment (Rs. 80,000). Statement II says R joined after 3 months but doesn't give R's investment amount. Statement III gives P's investment (Rs. 1,20,000), timing (after 4 months), and P's profit (Rs. 6000) but not total profit or R's investment. We don't have total profit, Q's and R's investment durations, or R's investment amount - making it impossible to determine R's share.