Arithmetic Aptitude :: Partnership
Each of the questions given below consists of a statement and / or a question and two statements numbered I and II given below it. You have to decide whether the data provided in the statement(s) is / are sufficient to answer the given question. Read the both statements and
- Give answer (A) if the data in Statement I alone are sufficient to answer the question, while the data in Statement II alone are not sufficient to answer the question.
- Give answer (B) if the data in Statement II alone are sufficient to answer the question, while the data in Statement I alone are not sufficient to answer the question.
- Give answer (C) if the data either in Statement I or in Statement II alone are sufficient to answer the question.
- Give answer (D) if the data even in both Statements I and II together are not sufficient to answer the question.
- Give answer(E) if the data in both Statements I and II together are necessary to answer the question.
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Ravi, Gagan and Nitin are running a business firm in partnership. What is Gagan's share in the profit earned by them?
I.
Ravi, Gagan and Nitin invested the amounts in the ratio of 2 : 4 : 7.
II.
Nitin's share in the profit is Rs. 8750.
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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.