Consider the following question and decide which of the statements is sufficient to answer the question.
Question:
Find the profit share of Nupoor, Tani and Nidhi, if the total profit at the end of 1 year is Rs. 85000.
Statements:
I. Nupoor and Tani started a handloom business by investing a capital of Rs. 12000 and Rs. 16000 respectively.
II. After 6 months, Nidhi joined the handloom business by investing a capital of Rs. 12000.
1
Both statements I and II are sufficient
2
Only statement II is sufficient
3
Only statement I is sufficient
4
Either statement I or II is sufficient