Discussion Forum



Each of the questions given below consists of two statements numbered I and II. Read the statements carefully and decide whether the informations in the statement (s) is / are sufficient to answer the given question.

1)

A, B and C are running a business firm in partnership. What is B's share in the profit earned by them?

I) A, B and C invested the amounts in the ratio of 2 : 4 : 7

II) C's share in the profit is Rs. 8750


A) I alone sufficient while II alone not sufficient

B) II alone sufficient while I alone nne sufficient t

C) Either I or II alone sufficient

D) Both I and II are not sufficient

E) Both I and II are necessary

Answer:

Option E

Explanation:

I. $A:B:C$ $=2:4:7$.

II. $C = 8750$.

From I and II, we get:

When $C=7$, then $B=4$.

When $C=8750$, then $B=\frac{4}{7}\times 8750$ $=5000$.

Thus, both I and II are needed to get the answer.

Correct answer is (E).