

MCQOPTIONS
Saved Bookmarks
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 | |