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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.

  • 1
    Only a is sufficient
  • 2
    Neither a nor b is sufficient
  • 3
    Only b is sufficient
  • 4
    Both a and b sufficient
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Answer : 4. "Both a and b sufficient"
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 2:4:7 713×P = 8750 P = 16250 Now Anand's share = 413×16250 = Rs.5000 Thus both staements a and b are sufficient to answer this question.

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