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Question

# What is R's share of profit in a joint 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.

A
All I, II and III
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B
I and III only
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C
II and III only
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D
Even with all I, II and III, the answer cannot be arrived at
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E
None of these
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Solution

## The correct option is C Even with all I, II and III, the answer cannot be arrived atFrom I, II and III, we get P:Q:R=(120000×8):(80000×12):(x×9).Since R's investment is not given, the above ratio cannot be give.∴ Given data is inadequate.

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