Directions: The following questions are accompanied by three statements (I), (II) and (III). You have to determine which statements(s) is/are sufficient/necessary to answer the following question.
Two persons Krishna and Amit entered into a partnership. Find the profit of Amit.
I. Krishna and Amit started the business with a capital of Rs. 24000 and Rs. 18000 respectively.
II. Krishna invested the money for 4 more months than Amit.
III. Krishna’s share in the total profit at the end of the first year is Rs. 2560 more than that of Amit.
1
Only I and III are sufficient to answer
2
Only II and III are sufficient to answer
3
Only I and II are sufficient to answer
4
Any two of the three are sufficient to answer
5
None is sufficient to answer