| What is R’s share of profit in a joint venture? | |
| I. | Q started business investing Rs. 80,000. |
| II. | R joined him after 3 months. |
| III. | P joined after 4 months with a capital of Rs. 1,20,000 and got Rs. 6000 as his share profit. |
All I, II and III
I and III only
II and III only
Even with all I, II and III, the answer cannot be arrived at
EXPLANATION
D
From I, II and III, we get P : Q : R = (120000 x 8) : (80000 x 12) : (x x 9).
Since R’s investment is not given, the above ratio cannot be give.
Given data is inadequate.
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