Direction: In the following question, a questions and three statements I, II and III are given. You have to decide whet ate the data given in the statements are sufficient to answer the questions or not.
In a partnership business of A, B and C what profit did B get at the end of 2 years?
I. A and B started the business by investing in ratio 3 : 5
II. C joined after 6 months with Rs. 4 lakhs
III. After two years, A’s share in profit was Rs. 60000.1
Only I and III are sufficient
2
Only II and III are sufficient
3
Either I or II and III are sufficient
4
All I, II and III are necessary to answer the question
5
The question cannot be answered even with all I, II and III