A starts a business with Rs. 60,000. After 6 months B joins him. What is the profit of at the end of the year? (1) The share of the profit is in the ratio 4 : 3 (2) B's capital is Rs. 90,000.
A
Statement (1) alone is sufficient, but statement (2) alone is not sufficient.
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B
Statement (2) alone is sufficient, but statement (1) alone is not sufficient.
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C
Both statements together are sufficient, but neither statement alone is sufficient.
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D
Statement (1) and (2) together are not sufficient.
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Solution
The correct option is C Statement (1) and (2) together are not sufficient. By using both statements, we can't be determined the profit of B. ∴ Both statements together are not insufficient to answer the question.