The following questions are accompanied by three statements (I), (II), and (III). You have to determine which statements(s) is/are sufficient/necessary to answer the questions.
Two partners, P and Q entered in a business, what profit will Q get at the end of 2 years?
I. Q joined the business with an amount of Rs. 875000
II. P and Q started the business by investing in the ratio 4 : 7 and After 2 years, P’s share is Rs. 95000.
III. P joined the business with an amount of Rs. 500000
1
Only I
2
Only II
3
Only III
4
Only I and II
5
Only II and III