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Question

How much did Sohil get as profit at the year-end in the business done by Animesh, Sohil and Akhilesh?
A) Akhilesh invested Rs. 8000 for nine months, his profit was 2 times that of Sohil's and his investment was 4 times that of Animesh.
B) Animesh & Sohil invested for one year and in the proportion 1:2 respectively.
C) The three together got Rs 1000 as profit at the year-end.

A
Only A and B together are sufficient
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B
Only A and C together are sufficient
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C
A, B and C together are not sufficient
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D
A, B and C together are necessary
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E
None of these
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Solution

The correct option is D A, B and C together are necessary
  • From statement A, profit between Akhilesh and Sohail is shared in the ratio 2:1.
  • From statement B, Animesh : Sohail = 1:2.
  • Considering statements A and B, Animesh : Sohail : Akhilesh = 1:2:4. Sum of ratios =1+2+4=7.
  • From statement 3, profit =1000. Thus, Sohail's share is . Solving this we get Sohail gets Rs.285.7. Thus, all the three statements together are required to answer the question.

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