Question

What will be the percentage share of Y in the profit earned by X, Y and Z together?
I. X, Y and Z invested a total amount of Rs. 25,000 for a period of two years.
II The profit earned at the end of 2 years is 30%.
Ill. The amount invested by Y is equal to the amount invested by X, Z together.

• A. I and Il only
• B. II and III only
• C. Any two of the three
• D. All I, II and III are required

Answer 1

The correct option is A I and Il only

From Statement 3, we get that

amount invested by Y = amount invested by X and Z together.

Hence total profit will be equally divided between Y and X and Z together.

Hence Y will get half of the share and X and Z will get rest half of the share.

Hence Statement 3 can give the answer.

so we can dispense with Statement I and II.

option A