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A, B, and C entered into a partnership. After eight months, B and C left the business. Find the total profit at the end of the year. A. Annual profit of B is Rs. 400 more than that of A and Rs. 200 more than that of C. B. Amount invested by C is 50% of the total amount invested by A and B together. C. The ratio of the profit share of C to that of A and B together is 3:8. Which of the following statements is sufficient to answer the question? A) Either A & B together or B & C together B) Either A & C or B & C together C) Any two of them D) None of the given statements can answer the question E) Either A & C together or A & B together

1. Either A & B together or B & C together
2. Either A & C or B & C together
3. Any two of them
4. None of the given statements can answer the question
5. Either A & C together or A & B together

Correct answer: None of the given statements can answer the question

Solution

Each statement gives only partial information about the partnership. None of the statements, alone or in the listed combinations, is sufficient to determine the total profit uniquely because the actual capital contributions and profit distribution cannot be fixed completely.

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