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hasnain

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From: Chichawatni

Registered: 2014-10-13

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Inadequate Data:

Directions:
Each of the questions given below consists of a question followed by three statements. You have to study the question and the statements and decide which of the statement(s) is/are necessary to answer the question.

Question:
What is R's share of profit in a joit venture?
I. Q started business investing Rs. 80,000.
II. R joined him after 3 months.
III. P joined after 4 months with a capital of Rs. 1,20,000 and got Rs. 6000 as his share profit.

Option A):
I and III only
Option B):
All I, II and III
Option C):
II and III only
Option D):
Even with all I, II and III, the answer cannot be arrived at

Correct Answer is Option D):
Even with all I, II and III, the answer cannot be arrived at

Explanation:
From I, II and III, we get P : Q : R = (120000 x 8) : (80000 x 12) : (x x 9).
Since R's investment is not given, the above ratio cannot be give.
Given data is inadequate.

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