Direction: In each of the following questions, a question is asked followed by three statements. You have to study the questions and all the three statements given and decide whether any information provided in the statement(s) is/are redundant and can be dispensed with while answering the questions.
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What is R’s share of profit in a joint venture?
A. Q started a business investing $ 80000.
B. R joined him after 3 months.
C. P joined after 4 months with a capital of $ 120000 and got $ 6000 as his share of profit.
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- Only A and C are required
- Only B and C are required
- All A, B and C together are required
- Even with all A, B and C the answer cannot be arrived at.
- None of these
Correct Option: D
On the basis of above given details in question , we can say that
From statement A , Invested amount by Q = $ 80000.
From statement B , R joined him after 3 months.
From statement C , After 4 months , Invested amount by P = $ 120000
and profit = $ 6000
Investment ratio or amount is not given, hence even all statements together are not sufficient.
