1.

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.

A. I or II or III
B. Either III only, or I and II together
C. Any two of the three
D. All I, II and III are required.
E. None of these
Answer» C. Any two of the three


Discussion

No Comment Found

Related MCQs