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Arithmetic Aptitude :: Partnership

Directions To Solve

Each of the questions given below consists of a question followed by three statements. You have to study the question and the statements and decide which of the statement(s) is/are necessary to answer the question.

  1. 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 \(\frac { 3 } { 2 } \) 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.

  2. 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

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  3. What is R's share of profit in a joit venture?

     I. Q started business investing Rs. 80,000.

     II. R joined him after 3 months.

     III. P joined after 4 months with a capital of Rs. 1,20,000 and got Rs. 6000 as his share profit.

  4. 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

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