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### Discussion :: Partnership

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

Answer : Option E

Explanation :

Let us name Ravi, Gagan and Nitin by R, G and N respectively.

I. R : G : N = 2 : 4 : 7.

II. N = 8750..

From I and II, we get:

When N = 7, then G = 4.

 When N = 8750, then G =[$$\frac { 4 } { 7 }*8750]$$

=5000

Thus, both I and II are needed to get the answer.

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