Aptitude - Partnership - Discussion

Discussion Forum : Partnership - Data Sufficiency 3 (Q.No. 1)
Directions to Solve

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


1.

Three friends, P, Q and R started a partnership business investing money in the ratio of 5 : 4 : 2 respectively for a period of 3 years. What is the amount received by P as his share profit?

I. 

Total amount invested in the business in Rs. 22,000.

II. 

Profit earned at the end of 3 years is of the total investment.

 III. 

The average amount of profit earned per year is Rs. 2750.

I or II or III
Either III only, or I and II together
Any two of the three
All I, II and III are required.
None of these
Answer: Option
Explanation:

I and II give, profit after 3 years = Rs. 3 x 22000 = Rs. 8250.
8

From III also, profit after 3 years = Rs. (2750 x 3) = Rs. 8250.

P's share = Rs. 8250 x 5 = Rs. 3750.
11

Thus, (either III is redundant [or] I and II are redundant).

Correct answer is (B).

Discussion:
11 comments Page 1 of 2.

Pratik karande said:   3 years ago
Nice, Thanks.

Raj said:   3 years ago
I can't understand how it comes 5÷11?

Kalyani said:   4 years ago
I can't understand this. Please anyone explain this in detail.

Varun said:   7 years ago
Take I nd II
22000 of inverstment.
3/8 of profit for yrs == 22000*(3/8) == 8250,
for 5:4:2 ==8250 == 3750:3000:1500,
Share of P after 3 yrs 13750 also possible.

Sahil said:   9 years ago
I believe that the answer is incorrect, if we consider the total investment as x, for option 2, then we can solve the entire question.

Yusuf said:   1 decade ago
Because P's share is 5 out of total 11 (5+4+2). Hence it's multiplied by 5/11.

Irfan said:   1 decade ago
Why we multiply by 5/11?

Karuna said:   1 decade ago
I can't understand how B is correct. Can you give explanation.

Raj singh said:   1 decade ago
I can't understand how B is correct.

Pri said:   1 decade ago
I cant got it.


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