Discussion :: Partnership
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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.
A.
I alone sufficient while II alone not sufficient to answer |
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B.
II alone sufficient while I alone not sufficient to answer |
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C.
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D.
Both I and II are not sufficient to answer |
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E.
Both I and II are necessary to answer |
Answer : Option E
Explanation :
Let the total investment be Rs. x.
Then, R =\((\frac { X } { 4 })\)
R + V =[\( \frac { 75 } {100 } \)xx]=\( \frac { 3X} { 4 } \)
V =[\( \frac { 3X} { 4 } \)-\( \frac {X} { 4 } \)]=\(\frac { X} { 2 } \)
A = x -[\(\frac { X} { 4} \)+\(\frac { X} { 2} ]\)=\(\frac { X} { 4} \)
R : A : V =\(\frac { X} { 4} \):\(\frac { X} { 4} \):\(\frac { X} { 2}\)=1:1:2
Thus, both I and II are needed to get the answer.
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