Mathematics · Partnership
The question consists of two statements numbered 'I' and 'II' given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. The investment amount of Anil is Rs. 3000, and the ratio of the investment amount of Sunil to that of Meena is 7:9, respectively. After 1 year, Anil adds Rs. 500, Sunil adds Rs. 350, and Meena adds Rs. 450 to their respective investments. Find the respective ratio of profit shares of Anil, Sunil, and Meena at the end of 2 years since starting the business. Statement I: The investment amount of Sunil in the second year is equal to the investment amount of Meena in the first year. Statement II: The profit share of Anil is Rs. 6500 and the profit share of Sunil is Rs. 5250.
- 1The data given in both statements I and II together is not sufficient to answer the question.
- 2The data either in statement I alone or in statement II alone is sufficient to answer the question.✓
- 3The data in statement II alone are sufficient to answer the question, while the data in statement I alone is not sufficient to answer the question.
- 4The data in statement I alone are sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question.
Correct answer
The data either in statement I alone or in statement II alone is sufficient to answer the question.
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