Arithmetic Aptitude :: Partnership
Each of the questions given below consists of a question followed by three statements. You have to study the question and the statements and decide which of the statement(s) is/are necessary to answer the question.
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How much did Rohit get as profit at the year-end in the business done by Nitin, Rohit and Kunal?
I.
Kunal invested Rs. 8000 for nine months, his profit was \(\frac { 3 } { 2 } \) times that of Rohit's and his investment was four times that of Nitin.
II.
Nitin and Rohit invested for one year in the proportion 1 : 2 respectively.
III.
The three together got Rs. 1000 as profit at the year end.
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What is R's share of profit in a joit 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.
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K : N : R = 72000 : 24000 : 48000 = 3 : 1 : 2.