Multiple choice

Passage

Each of the questions below consists of a question followed by three statements numbered I, II and III. You have to decide the data provided in which of the statements are sufficient to answer the question.

Three friends named Ramesh, Suraj and Ajeet together started a business. Find the profit share of Ajeet. I. The amount invested by Suraj is half of that by Ramesh and Ajeet together. II. The average amount invested by all three is Rs 30 lakh. III. The ratio between the investment time of Ramesh, Suraj and Ajeet is 3:4:6.

  1. None of these

  2. All three together are not sufficient

  3. Only I or II is sufficient

  4. Any Two are sufficient

  5. II and either I or III are sufficient
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Statement I: Suraj = (Ramesh + Ajeet)/2 or Ramesh + Ajeet = 2*Suraj. Statement II: Average = 30 lakh, so total = 90 lakh (R + S + A = 90). Statement III: Time ratio 3:4:6. Profit share = investment × time. From I and II: R + A = 2S and R + S + A = 90, so 3S = 90, S = 30, R + A = 60. Without knowing R:A ratio individually, Ajeet's share cannot be found. Statement III alone insufficient without investment amounts. All three together insufficient.

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