1.

Answer»

Solution

Clearly, each STATEMENT alone is insufficient as there is missing INFORMATION about other persons.

I & II : Let A & B started with investment of 3 lakhs & 5 lakhs RESPECTIVELY. C joined after 6 months with 4 lakhs.

=> Ratio of profit = A : B : C = (3*12) : (4*6) : (5*12)

= 36 : 24 : 60 = 3 : 2 : 5

=> B will get two-tenth of the profit.

Thus, I & II together are sufficient.

After COMBINING I & III or II & III, we will still have insufficient information.

Thus, ans - (a).



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