Direction to solve:

Each of the questions given below consists of a question followed by three statements numbered I, II and III. Please read the questions and its statements carefully and decide which of the statement(s) is/are necessary to answer the question.


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1.

How much did Ram get as profit at the year-end in the business done by Nissam, Ram and Karan?

I. Karan invested Rs. $8000$ for $9$ months, his profit was $\frac{3}{2}$ times that of Ram's and his investment was $4$ times that of Nissam.

II. Nissam and Ram invested for one year in the proportion $1:2$ respectively.

III. The three together got Rs. $1000$ as profit at the year end.


A) Only I and II

B) Only I and III

C) Cannot be answered with all (I,II,III)

D) All I, II and III

E) None of these



2.

A, B and C together start a business with a total investment of Rs. $15,000$. At the end of the year, the total profit  is Rs. $3000$. What is A's share in the profit ?

I. A's contribution is $\frac{3}{2}$ times B's

II. B's contribution is twice that of C.

III. A's contribution is thrice that of C.


A) I and III only

B) II and III only

C) All I, II and III

D) Any two of three

E) None of these



3.

What is Z's share of profit in a joint venture?.

I) Y started business investing Rs. $80,000$.

II) Z joined him after $3$ months.

III) X joined after 4 months with a capital of Rs. $1,20,000$ and got Rs. $6000$ as his share of profit.


A) All I, II and III

B) I and III only

C) II and III only

D) Cannot be calculated with all (I, II,II)

E) None of these



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