BANK NHB Assistant Manager (Generalist) Mock Test Series Quantitative Aptitude Profit and Loss Partnership
A, B, and C entered into a business making initial investments of Rs. (x + 200), Rs. (x + 120), and Rs. x respectively. After 1 year they made an investment of Rs. 160, Rs. 160, and Rs. 240 respectively. Total profit earned at the end of 2 years is Rs. 7200.
Which of the following statement is 'true'?
1
Profit share of 'A' is independent of 'x' and is equal to Rs.1200.
2
Profit share of 'B' is independent of 'x' and is equal to Rs.2400.
3
Profit share of 'C' is independent of 'x' and is equal to Rs.2400.
4
Profit shares of 'A', 'B' and 'C' are dependent of 'x'.
5
Data insufficient