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The question given below consists of a statement and/or a question and two or three statements numbered I, II & III given below it. You have to decide whether the data provided in the statements is/are sufficient to answer the given question. Read the both statements and give answer
What is R's share of profit in a joint venture ?
I. Q started a business investing 80000.
II. R joined him after 3 months.
III. P joined after 4 months with a capital of 120000 and got 6000 as his share of profit

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I and III are sufficient

II and III are sufficient

All I, II and III together are necessary

Even with all I, II and III the answer cannot be arrived

answer is D.

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Detailed Solution

Solution: From I, II, III, we get

$P : Q : R = (120000 \times 8) : (80000 \times 12) : (X \times 9)$

Since R’s investment is not given, the above ratio cannot be give.

data is inadequate

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