Question

Three friends $X,Y$ and $Z$ 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 $X$ as the share in the total profit?
I. Total amount invested in the business is Rs. $22,000$.
II. Profit was distributed after a period of $2$ years.
III. The average amount of profit earned per year is Rs. $2,750$.

• A. I and either II or III
• B. Any two of the three
• C. All I,II and III
• D. Either I or II and III
• E. Question cannot be answered even with the information in all three statements

Answer 1

Answer: (C)