What is Neeta's share in the profit earned at the end of 2 tears in a joint business run by Neets, Seeta and Geeta?
I. Neeta invested Rs.85,000/ to start the business.
II. Seeta and Geeta joined Neeta's business after six months investing amounts in the ratio of `3:5` respectively.
III. Total amount invested by Seeta and Geeta is Rs.`2.3` lakhs

Options

A. Only II
B. Only III
C. both I and III
D. Information in all three statements in required for answering the question.

Answer

D

Explanation

From all three statements, Seeta's investment `=Rs((3)/(8)xx2.5)lakh=Rs.93750`
Geeta's investment `= Rs. 156250`
Ratio of Neeta's Seeta's and Geeta's profit `=85000xx24:93750xx18:156250xx18`
We can get the share of Neeta if total profit is given. So data giben in all three statements is required to answer the question.