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Arithmetic Aptitude :: Partnership

Directions To Solve

Each of the questions given below consists of a statement and / or a question and two statements numbered I and II given below it. You have to decide whether the data provided in the statement(s) is / are sufficient to answer the given question. Read the both statements and

  • Give answer (A) if the data in Statement I alone are sufficient to answer the question, while the data in Statement II alone are not sufficient to answer the question.
  • Give answer (B) if the data in Statement II alone are sufficient to answer the question, while the data in Statement I alone are not sufficient to answer the question.
  • Give answer (C) if the data either in Statement I or in Statement II alone are sufficient to answer the question.
  • Give answer (D) if the data even in both Statements I and II together are not sufficient to answer the question.
  • Give answer(E) if the data in both Statements I and II together are necessary to answer the question.

  1. Ravi, Gagan and Nitin are running a business firm in partnership. What is Gagan's share in the profit earned by them?

    I. 

    Ravi, Gagan and Nitin invested the amounts in the ratio of 2 : 4 : 7.

     II. 

    Nitin's share in the profit is Rs. 8750.

  2. A.

    I alone sufficient while II alone not sufficient to answer

    B.

    II alone sufficient while I alone not sufficient to answer

    C.

    Either I or II alone sufficient to answer

    D.

    Both I and II are not sufficient to answer

    E.

    Both I and II are necessary to answer


  3.  Rahul, Anurag and Vivek started a business together. In what proportion would the     annual profit be distributed among them?

    I . Rahul got one-fourth of the profit.

    II. Rahul and Vivek contributed 75% of the total investment.

  4. A.

    I alone sufficient while II alone not sufficient to answer

    B.

    II alone sufficient while I alone not sufficient to answer

    C.
    Either I or II alone sufficient to answer
    D.

    Both I and II are not sufficient to answer

    E.

    Both I and II are necessary to answer