Multiple choice

Find the share of B in partnership with A, B and C if the total profit earned after 15 months is 48000 Rs. Statement I: Ratio of initial investment of A and B is 12:7. Statement II: C joined 8 months after starting of partnership. Statement III: Investment of C was Rs. 15000 and after that till end of partnership no one joined or left the partnership.

  1. All together are not sufficient

  2. II and (I or III) together are sufficient

  3. Only I and III together are sufficient

  4. All three together are sufficient

  5. Other than given options
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

To find B's profit share, we need: A's investment amount (unknown), A:B ratio (12:7 given), C's investment (Rs 15000 given), C's joining time (8 months late given), total duration (15 months), and total profit (Rs 48000 given). Without A's investment, we cannot find the actual investment ratios or profit distribution. All three statements together are insufficient because Statement III doesn't give A's investment.

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