The following question has three statements. Study the question and the statements to decide which of the statement(s) is/are necessary to answer the question. P, Q and R started a business with capital in the ratio 4 ∶ 3 ∶ 6. Find the share of Q in the profit at the end of the year. Statement I: R left after 6 months withdrawing his capital Statement II: R gets Rs. 600 from the profit as a monthly salary and his total salary turns out to be 10% of the annual profit Statement III: P invested Rs. 45000 in the business
The following question has three statements. Study the question and the statements to decide which of the statement(s) is/are necessary to answer the question. P, Q and R started a business with capital in the ratio 4 ∶ 3 ∶ 6. Find the share of Q in the profit at the end of the year. Statement I: R left after 6 months withdrawing his capital Statement II: R gets Rs. 600 from the profit as a monthly salary and his total salary turns out to be 10% of the annual profit Statement III: P invested Rs. 45000 in the business Correct Answer Statement (II) alone is sufficient
P, Q and R started a business with capital in the ratio 4 ∶ 3 ∶ 6
Statement II:
R gets Rs. 600 from the profit as a monthly salary and his total salary turns out to be 10% of the annual profit
Suppose total profit is Rs. x
According to statement
⇒ 600 × 12 = 0.1x
⇒ 0.1x = 7200
⇒ x = Rs. 72000
⇒ Total profit = Rs. 72000
Now, the share of Q can be determined as the ratio of profit is same as ratio of investment
Statement I:
R left after 6 months withdrawing his capital.
It is an additional condition but it is not the statement which is necessary to answer the question
Statement III:
P invested Rs. 45000 in the business
This statement is of no use as we already have the ratio of investment
∴ Statement (II) alone is sufficient to answer the question