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The following question has three statements. Study the question and the statements and decide which of the statement(s) is necessary to answer the question. How much did Aniket get as profit at the end of the year in the business done by Kunal, Aniket, and Ram? I) Kunal invested Rs. 6000 for nine months, and his investment was four times that of Ram. II) Ram and Aniket invested for one year in the proportion 1 ∶ 2 respectively. III) The three together got Rs. 1000 as profit at the year end.

The following question has three statements. Study the question and the statements and decide which of the statement(s) is necessary to answer the question. How much did Aniket get as profit at the end of the year in the business done by Kunal, Aniket, and Ram? I) Kunal invested Rs. 6000 for nine months, and his investment was four times that of Ram. II) Ram and Aniket invested for one year in the proportion 1 ∶ 2 respectively. III) The three together got Rs. 1000 as profit at the year end. Correct Answer All three

Considering statement I,

Kunal’s investment = Rs. (6000 x 9) = Rs. 54000

Ram’s investment = 1/4 × 6000 × 12 = Rs. 18000

Considering statement II,

Aniket’s investment = 2 × Ram’s investment = Rs. 36000

Using statements I and II,

Ratio of Kunal, Ram and Aniket’s profits = 54000 ∶ 18000∶ 36000 = 3 ∶ 1 ∶ 2

Considering statement III,

Total profit = Rs. 1000

⇒ Aniket’s share in profit = 2/6 × 1000 = Rs. 333.3

∴ All three statements are necessary to answer the question

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