Discussion Forum



Each of these questions is followed by three statements. Please read the question and all the three statements carefully and decide whether any information provided in the statement(s) is redundant and can be dispensed with while answering the given question.

1)

What will be the percentage share of Y in the profit earned by X, Y and Z together?

I. X, Y and Z invested a total amount of Rs. $25,000$ for a period of two years.

II. The profit earned at the end of $2$ years is $30\%$

III. The amount invested by Y is equal to the amount invested by X and Z together.


A) I and II only

B) II and III only

C) Any two of the three

D) All I,II and III are required

E) Cannot be calculated with all (I,II,III)

Answer:

Option A

Explanation:

From III, $Y=X+Z$ $\Rightarrow $ Y's investment is $50\%$.

$\therefore$ Share of $Y$ is $50\%$.

Thus, I and II are redundant.

$\therefore$ Correct answer is (A)