Q:
Ravi, Anand and Pranay are running a business firm in partnership. What is Anand's share in the profit earned by them?
a. Ravi, Anand and Pranay invested the amounts in the ratio of 2 : 4 : 7.
b. Pranay's share in the profit is Rs. 8750.
Answer & Explanation
Answer: D) Both a and b sufficient
Explanation: Given Pranay's profit in the share is Rs. 8750
But given that their investments are in the ratio 2:4:7
= 8750
P = 16250
Now Anand's share = = Rs.5000
Thus both staements a and b are sufficient to answer this question.
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