Rahul, Anurag, and Vivek formed a partnership. What percentage of the annual earnings would be shared among them? I. One-fourth of the profit went to me, Rahul.II. Rahul and Vivek were responsible for 75% of the entire investment.
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
Rahul, Anurag, and Vivek formed a partnership. What percentage of the annual earnings would be shared among them? I. One-fourth of the profit went to me, Rahul.II. Rahul and Vivek were responsible for 75% of the entire investment.
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: Let's say the entire investment is x rupees.After that, R = x /4 4 R + V = 75 /100x x = 3x/4.V = 3x /4- x /4 = x/2.x = x/4 - x/2 + x/4 = x.V = x/4 : x/4 : x/2 = 1 : 1 : 2. R : A : V = x/4 : x/4 : x/2 = 1 : 1 : 2.