Discussion :: Partnership - Data Sufficiency 1 (Q.No.2)
Each of the questions given below consists of a statement and / or a question and two statements numbered I and II given below it. You have to decide whether the data provided in the statement(s) is / are sufficient to answer the given question. Read the both statements and
- Give answer (A) if the data in Statement I alone are sufficient to answer the question, while the data in Statement II alone are not sufficient to answer the question.
- Give answer (B) if the data in Statement II alone are sufficient to answer the question, while the data in Statement I alone are not sufficient to answer the question.
- Give answer (C) if the data either in Statement I or in Statement II alone are sufficient to answer the question.
- Give answer (D) if the data even in both Statements I and II together are not sufficient to answer the question.
- Give answer(E) if the data in both Statements I and II together are necessary to answer the question.
|Himanshu said: (Sep 8, 2011)|
|The question is implemented wrong as the question says rahul got one fourth of profit not of the total investment so the answer is D.|
|Manish said: (Oct 7, 2011)|
|Ya himanshu is write .in solution part you assign x/4 part to rhaul. Then here x means profit gain. If x is gain profit then there will be some investment although this quesiotn is true only when there will be no any profit as well as loss there.
|Sagrance said: (Dec 13, 2013)|
|Answer could be E. Because we can take it based on observations. like
Rahul ans 1, Vivek x and Anurag (3-x). Simple calculations will give
answer as E.
|Utkarsh Agrawal said: (Jun 26, 2015)|
|Solution is wrong because in question Rahul has been allotted one fourth of profit, while in the solution he has been given one fourth of investment.|
|Sajan said: (Mar 29, 2017)|
|How come profit equal to investment for Rahul?
Anyone help me to understand, why the solution takes R=X/4?
|Praveen said: (Apr 11, 2017)|
|Guys, This rule will solve all your confusions.
"When investments of all the partners are for the same time, the gain or loss is distributed among the partners in the ratio of their investments.
Suppose A and B invest Rs. x and Rs. y respectively for a year in a business, then at the end of the year:
(A's share of profit) : (B's share of profit) = x : y.
|Amit Ghorpade said: (May 24, 2019)|
|What would be the answer if the second statement said: Anurag and Vivek contributed 75% of total investment? Please tell me.|
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