MCQOPTIONS
Three friends, P, Q and R started a partnership business investing money in the ratio of 5 : 4 : 2 respectively for a period of 3 years. What is the amount received by P as his share profit?
I.
Total amount invested in the business in Rs. 22,000.
II.
Profit earned at the end of 3 years is of the total investment.
III.
The average amount of profit earned per year is Rs. 2750.