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 or not and choose the correct option accordingly.
'A', 'B' and 'C' started a partnership with Rs. (x - 500), Rs. (x + 100) and Rs. (x + 700) respectively. Find the value of 'x', if the investment time is equal for all three partners.
Statment (I) : The ratio between the amount invested by 'A' and 'C' was 5 : 9.
Statment (II) : If the total profit was 80% more than the value of 'x' then the profit share of 'C' was Rs. (x - 1400).
1
The data in statement I alone is sufficient to answer, while the data in statement II alone is not sufficient to answer the question.
2
The data in statement II alone is sufficient to answer, while the data in statement I alone is not sufficient to answer the question.
3
The data either in statement I alone or in statement II alone are sufficient to answer the question.
4
The data given in both statements I and II together are not sufficient to answer the question.
5
The data in both statements I and II together are necessary to answer the question.