A.All I, II and III
B.I and III only
C.II and III only
D.Even with all I, II and III, the answer cannot be arrived at
E.None of these
Show AnswerAnswer=Option D
Partnership
How much did Rohit get as profit at the year-end in the business done by Nitin, Rohit and Kunal? I.Kunal invested Rs. 8000 for nine months, his profit was times that of Rohit’s and his investment was four times that of Nitin.II.Nitin and Rohit invested for one year in the proportion 1 : 2 respectively.III.The three together got Rs. 1000 as profit at the year end.
A.Only I and II
B.Only I and III
C.Question cannot be answered even with the information in all the three statements.
D.All I, II and III
E.None of these
Show AnswerAnswer=Option D
Rahul, Anurag and Vivek started a business together. In what proportion would the annual profit be distributed among them? I. Rahul got one-fourth of the profit.II.Rahul and Vivek contributed 75% of the total investment.
A.I alone sufficient while II alone not sufficient to answer
B.II alone sufficient while I alone not sufficient to answer
C.Either I or II alone sufficient to answer
D.Both I and II are not sufficient to answer
E.Both I and II are necessary to answer
Show AnswerAnswer=Option E
Three partners shared the profit in a business in the ratio 5 : 7 : 8. They had partnered for 14 months, 8 months and 7 months respectively. What was the ratio of their investments______?
A.5 : 7 : 8
B.20 : 49 : 64
C.38 : 28 : 21
D.None of these
Show AnswerAnswer=Option B
A, B, C subscribe Rs. 50,000 for a business. A subscribes Rs. 4000 more than B and B Rs. 5000 more than C. Out of a total profit of Rs. 35,000, A receives:
A.Rs. 8400
B.Rs. 11,900
C.Rs. 13,600
D.Rs. 14,700
Show AnswerAnswer=Option D
A, B and C enter into a partnership in the ratio : : . After 4 months, A increases his share 50%. If the total profit at the end of one year be Rs. 21,600, then B’s share in the profit is:
A.Rs. 2100
B.Rs. 2400
C.Rs. 3600
D.Rs. 4000
Show AnswerAnswer=Option D