The following question is accompanied by three statements (I), (II), and (III). You have to determine which statements(s) is/are sufficient/necessary to answer the questions.
Manav, Roshan and Ratikant enter into a boutique business then what is the profit share of Roshan out of the total Profit?
I. Roshan and Ratikant starts the business with an initial capital of Rs. 12000 and Rs. 15000 Respectively for 8 months and 9 months respectively.
II. Manav invested Rs. 12500 for 12 months and claims a profit of Rs. 62500.
III. Manav invests money for 1 year. He invests 20% more than Ratikant and the total profit earned at the end of year in 2/3rd of the total investment.
1
Either I and II together or I and III together
2
I and III are sufficient.
3
Only I and II together
4
Only II and III together
5
None are sufficient