Direction: The below question consists of three statements, I, II and III. You’re required to decide that data in which statement(s) is sufficient.
20% of the total profit earned by a businessman in the first 4 months is Rs. 88,000. Find the average profit earned by him over all five months (Months A, B, C, D, and E).
Statement I: The profit earned in Month D is less than the profit earned in Month C.
Statement II: The average profit earned in Months C, D, and E is Rs. 1,20,000.
Statement III: The difference between the profits earned in Months C and D is Rs. 40,000. The ratio of profits earned in Months A, B, and E is 3:2:3, respectively.
1
The data in statement I alone is sufficient.
2
The data in statements I, II, and III together is sufficient.
3
The data in statement III alone is sufficient.
4
The data in statement II alone is sufficient.
5
The data in statements II and III together are required.