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Aptitude - Partnership - Discussion

Discussion Forum : Partnership - Data Sufficiency 2 (Q.No. 2)
Partnership
Directions to Solve

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.

2.

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.

All I, II and III
I and III only
II and III only
Even with all I, II and III, the answer cannot be arrived at
None of these
Answer: Option
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.

Discussion:
20 comments Page 1 of 2.
GRTron said:   4 years ago
Option D.

The share may vary according to the time period which is not given.
Wrick said:   7 years ago
Here, Total profit is not mentioned so the answer can't be determined.
Rishi said:   7 years ago
I am not getting this! Why you multiple 12000 by 8?
Shailesh said:   8 years ago
Answer must be A.
(1)
Santhu said:   8 years ago
They did not give time period, how can you assume its one year?
(3)
Nilu said:   9 years ago
P joining after 4 months so in 12 months - 4 months he gets 8 months profit. Likewise, Q gets 12 months and R gets 9 months profit.
Amaresh said:   9 years ago
Given answer is correct.

Profit percentage also depends on the duration of investment which is not given. So we cannot calculate the required thing.
Ari said:   9 years ago
Answer is A. As we can calculate x from given share of p. As x is the only unknown variable here.
(1)
Sharma AK said:   9 years ago
It's confusing. How to find the solution?
Milu sahu said:   10 years ago
How to calculate?
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