Multiple choice

Directions: In the question below use given statements A B and C to solve. Than mark which of the following statements is/are sufficient/necessary to solve question.What is the share of Milan in the profit after the end of December 1998?A. He has invested Rs 35,000 after 5 months of investing the money by Pravin.B. Pravin has started business by invsting Rs 30,000 in February 1998.C. Pravin got a profit of Rs 4400.

  1. A or B and C

  2. A and B or C

  3. A and B and C

  4. A or B or C

  5. None of these
Reveal answer Fill a bubble to check yourself
C Correct answer
AI explanation

To find Milan's profit, we need the profit ratio and total profit. We need to know when Milan invested and how much, and the same for Pravin. Statement A gives Milan's investment and when he invested relative to Pravin. Statement B gives Pravin's investment and start time. Statement C gives Pravin's profit. Using A and B, we can find the ratio of their investments and time, which gives the profit ratio. Using C, we know Pravin's profit, so we can find Milan's profit. Therefore, A, B and C are all required.

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