Question:
A started a business with an investment of Rs. 4,500 and B joined after some period with Rs. 3000. After how many years did B join in the business?
Statement 1: The business has run for 3 years
Statement 2: The ratio of profits shared by A and B at the end of one year is in the ratio 2 : 1
A started a business with an investment of Rs. 4,500 and B joined after some period with Rs. 3000. After how many years did B join in the business?
Statement 1: The business has run for 3 years
Statement 2: The ratio of profits shared by A and B at the end of one year is in the ratio 2 : 1
Statement 1: The business has run for 3 years
Statement 2: The ratio of profits shared by A and B at the end of one year is in the ratio 2 : 1
Updated On: Jul 25, 2024
- Statement (1) alone is sufficient to answer the question
- Statement (2) alone is sufficient to answer the question
- Both the statements together are needed to answer the question
- Either statement (1) alone or statement (2) alone is sufficient to answer the question
- Neither statement (1) nor statement (2) suffices to answer the question
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The Correct Option is B
Solution and Explanation
The Correct Option is (B):Statement (2) alone is sufficient to answer the question
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