Ravi, Gagan, and Nitin are partners in a business venture. What percentage of the profit does Gagan get? I. Ravi, Gagan, and Nitin invested the money in a 2:4:7 ratio. II. Nitin's profit portion amounts to Rs. 8750.
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 necessary to answer
Answer:D
Ravi, Gagan, and Nitin are partners in a business venture. What percentage of the profit does Gagan get? I. Ravi, Gagan, and Nitin invested the money in a 2:4:7 ratio. II. Nitin's profit portion amounts to Rs. 8750.
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 necessary to answer
Explanation: R, G, and N stand for Ravi, Gagan, and Nitin, respectively.R : G : N = 2 : 4 : 7. I. R : G : N = 2 : 4 : 7.N = 8750 in the second group.We may deduce the following from I and II:When N equals 7, G equals 4.When N equals 8750, G equals 4/7 x 8750 = 5000.As a result, both I and II are required to obtain the solution.