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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 2 of 2.
Sharma AK said:   9 years ago
It's confusing. How to find the solution?
Tarun said:   1 decade ago
But P's share is given.

So we can calculate the value of x by using

12000*8/(12000*8+8000*12+9x) = 6000.
Amit said:   1 decade ago
How total time period is assumed one year as it was mentioned in the question?
SUMIT said:   1 decade ago
Consider a 1 year investment and you can easily find out x by the equation discussed above. So answer should be (A).
Yameen said:   1 decade ago
Please give clear explanation.
Dean said:   1 decade ago
None of these. Because using 2 & 3 as well as using 1, 2 & 3 we can reach the answer. So option E, not because of inadequate of data but of other options are not suitable.
Ritika said:   1 decade ago
Why we multiply 120000*8 and 80000*12 and x*9?
Heisenberg said:   1 decade ago
Answer could not be found because both the duration of investment and the amount invested by R is not given.
Harshit Dahiya said:   1 decade ago
Answer should be A.

Since, the profit of P is given we can find out x i.e, R's investment. Please reconsider your explanation.
Shahida said:   1 decade ago
Please give clear explanation. How can write 1200000*8 and 80000*12?
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