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Following questions contain two statements as statement I and statement II. You have to determine which statement/s is/are necessary to answer the question and give answer.
How much amount of profit did Z get at the end of the year in the business by X, Y and Z?
Statement I: Y invested Rs. 7500 for 8 months in the business and his profit was 2 times that of the profit of Z and his investment was 200% that of X.
Statement II: X, Y and Z together got Rs. 2480 as profit at the end of the year in the business.
- a)The data in statement I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question
- b)The data in statement II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the question
- c)The data given in both statements I and II together are not sufficient to answer the question
- d)The data either in statement I alone or in statement II alone is sufficient to answer the question
- e)The data given in both statements I and II together are necessary to answer the question
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Following questions contain two statements as statement I and stateme...
Given information:
- Y invested Rs. 7500 for 8 months in the business and his profit was 2 times that of the profit of Z and his investment was 200% that of X.
- X, Y and Z together got Rs. 2480 as profit at the end of the year in the business.
To find:
- How much amount of profit did Z get at the end of the year in the business by X, Y and Z?
Approach:
We need to use both statements together to determine the profit earned by Z.
Statement I:
- We are given the investment and profit of Y in terms of Z's profit.
- But we don't know the investment or profit of X or Z individually.
Statement II:
- We are given the total profit earned by X, Y and Z together.
- But we don't know the individual profits earned by X, Y and Z.
Using both statements together, we can set up equations to solve for Z's profit.
Let:
- Profit earned by Z = Pz
- Profit earned by Y = 2Pz (from statement I)
- Profit earned by X = Px
From statement I:
- Investment of Y = 200% of investment of X
- 7500 = 2*X
- X = 3750
- Investment of Y = 7500
- Investment of Z = Total investment - (Investment of X + Investment of Y)
- Investment of Z = (100/200)*3750 + (100/200)*7500
- Investment of Z = 5625
From statement II:
- Pz + 2Pz + Px = 2480
- Pz + 2Pz + 3750 = 2480
- 3Pz = -1270
- Pz = -1270/3
Conclusion:
We get a negative value for Z's profit, which doesn't make sense. Therefore, the data given in both statements I and II together are not sufficient to answer the question.
- Y invested Rs. 7500 for 8 months in the business and his profit was 2 times that of the profit of Z and his investment was 200% that of X.
- X, Y and Z together got Rs. 2480 as profit at the end of the year in the business.
To find:
- How much amount of profit did Z get at the end of the year in the business by X, Y and Z?
Approach:
We need to use both statements together to determine the profit earned by Z.
Statement I:
- We are given the investment and profit of Y in terms of Z's profit.
- But we don't know the investment or profit of X or Z individually.
Statement II:
- We are given the total profit earned by X, Y and Z together.
- But we don't know the individual profits earned by X, Y and Z.
Using both statements together, we can set up equations to solve for Z's profit.
Let:
- Profit earned by Z = Pz
- Profit earned by Y = 2Pz (from statement I)
- Profit earned by X = Px
From statement I:
- Investment of Y = 200% of investment of X
- 7500 = 2*X
- X = 3750
- Investment of Y = 7500
- Investment of Z = Total investment - (Investment of X + Investment of Y)
- Investment of Z = (100/200)*3750 + (100/200)*7500
- Investment of Z = 5625
From statement II:
- Pz + 2Pz + Px = 2480
- Pz + 2Pz + 3750 = 2480
- 3Pz = -1270
- Pz = -1270/3
Conclusion:
We get a negative value for Z's profit, which doesn't make sense. Therefore, the data given in both statements I and II together are not sufficient to answer the question.
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Community Answer
Following questions contain two statements as statement I and stateme...
Both statement I and II don’t give any information about the investment of all the person.
So, we cannot find the solution of this question.
Hence, Both Statement I and Statement II are not sufficient to answer the question.
Hence, option c) is the correct answer.
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Following questions contain two statements as statement I and statement II. You have to determine which statement/s is/are necessary to answer the question and give answer.How much amount of profit did Z get at the end of the year in the business by X, Y and Z?Statement I: Y invested Rs. 7500 for 8 months in the business and his profit was 2 times that of the profit of Z and his investment was 200% that of X.Statement II: X, Y and Z together got Rs. 2480 as profit at the end of the year in the business.a)The data in statement I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the questionb)The data in statement II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the questionc)The data given in both statements I and II together are not sufficient to answer the questiond)The data either in statement I alone or in statement II alone is sufficient to answer the questione)The data given in both statements I and II together are necessary to answer the questionCorrect answer is option 'C'. Can you explain this answer?
Question Description
Following questions contain two statements as statement I and statement II. You have to determine which statement/s is/are necessary to answer the question and give answer.How much amount of profit did Z get at the end of the year in the business by X, Y and Z?Statement I: Y invested Rs. 7500 for 8 months in the business and his profit was 2 times that of the profit of Z and his investment was 200% that of X.Statement II: X, Y and Z together got Rs. 2480 as profit at the end of the year in the business.a)The data in statement I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the questionb)The data in statement II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the questionc)The data given in both statements I and II together are not sufficient to answer the questiond)The data either in statement I alone or in statement II alone is sufficient to answer the questione)The data given in both statements I and II together are necessary to answer the questionCorrect answer is option 'C'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Following questions contain two statements as statement I and statement II. You have to determine which statement/s is/are necessary to answer the question and give answer.How much amount of profit did Z get at the end of the year in the business by X, Y and Z?Statement I: Y invested Rs. 7500 for 8 months in the business and his profit was 2 times that of the profit of Z and his investment was 200% that of X.Statement II: X, Y and Z together got Rs. 2480 as profit at the end of the year in the business.a)The data in statement I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the questionb)The data in statement II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the questionc)The data given in both statements I and II together are not sufficient to answer the questiond)The data either in statement I alone or in statement II alone is sufficient to answer the questione)The data given in both statements I and II together are necessary to answer the questionCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Following questions contain two statements as statement I and statement II. You have to determine which statement/s is/are necessary to answer the question and give answer.How much amount of profit did Z get at the end of the year in the business by X, Y and Z?Statement I: Y invested Rs. 7500 for 8 months in the business and his profit was 2 times that of the profit of Z and his investment was 200% that of X.Statement II: X, Y and Z together got Rs. 2480 as profit at the end of the year in the business.a)The data in statement I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the questionb)The data in statement II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the questionc)The data given in both statements I and II together are not sufficient to answer the questiond)The data either in statement I alone or in statement II alone is sufficient to answer the questione)The data given in both statements I and II together are necessary to answer the questionCorrect answer is option 'C'. Can you explain this answer?.
Following questions contain two statements as statement I and statement II. You have to determine which statement/s is/are necessary to answer the question and give answer.How much amount of profit did Z get at the end of the year in the business by X, Y and Z?Statement I: Y invested Rs. 7500 for 8 months in the business and his profit was 2 times that of the profit of Z and his investment was 200% that of X.Statement II: X, Y and Z together got Rs. 2480 as profit at the end of the year in the business.a)The data in statement I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the questionb)The data in statement II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the questionc)The data given in both statements I and II together are not sufficient to answer the questiond)The data either in statement I alone or in statement II alone is sufficient to answer the questione)The data given in both statements I and II together are necessary to answer the questionCorrect answer is option 'C'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Following questions contain two statements as statement I and statement II. You have to determine which statement/s is/are necessary to answer the question and give answer.How much amount of profit did Z get at the end of the year in the business by X, Y and Z?Statement I: Y invested Rs. 7500 for 8 months in the business and his profit was 2 times that of the profit of Z and his investment was 200% that of X.Statement II: X, Y and Z together got Rs. 2480 as profit at the end of the year in the business.a)The data in statement I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the questionb)The data in statement II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the questionc)The data given in both statements I and II together are not sufficient to answer the questiond)The data either in statement I alone or in statement II alone is sufficient to answer the questione)The data given in both statements I and II together are necessary to answer the questionCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Following questions contain two statements as statement I and statement II. You have to determine which statement/s is/are necessary to answer the question and give answer.How much amount of profit did Z get at the end of the year in the business by X, Y and Z?Statement I: Y invested Rs. 7500 for 8 months in the business and his profit was 2 times that of the profit of Z and his investment was 200% that of X.Statement II: X, Y and Z together got Rs. 2480 as profit at the end of the year in the business.a)The data in statement I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the questionb)The data in statement II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the questionc)The data given in both statements I and II together are not sufficient to answer the questiond)The data either in statement I alone or in statement II alone is sufficient to answer the questione)The data given in both statements I and II together are necessary to answer the questionCorrect answer is option 'C'. Can you explain this answer?.
Solutions for Following questions contain two statements as statement I and statement II. You have to determine which statement/s is/are necessary to answer the question and give answer.How much amount of profit did Z get at the end of the year in the business by X, Y and Z?Statement I: Y invested Rs. 7500 for 8 months in the business and his profit was 2 times that of the profit of Z and his investment was 200% that of X.Statement II: X, Y and Z together got Rs. 2480 as profit at the end of the year in the business.a)The data in statement I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the questionb)The data in statement II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the questionc)The data given in both statements I and II together are not sufficient to answer the questiond)The data either in statement I alone or in statement II alone is sufficient to answer the questione)The data given in both statements I and II together are necessary to answer the questionCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams.
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Here you can find the meaning of Following questions contain two statements as statement I and statement II. You have to determine which statement/s is/are necessary to answer the question and give answer.How much amount of profit did Z get at the end of the year in the business by X, Y and Z?Statement I: Y invested Rs. 7500 for 8 months in the business and his profit was 2 times that of the profit of Z and his investment was 200% that of X.Statement II: X, Y and Z together got Rs. 2480 as profit at the end of the year in the business.a)The data in statement I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the questionb)The data in statement II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the questionc)The data given in both statements I and II together are not sufficient to answer the questiond)The data either in statement I alone or in statement II alone is sufficient to answer the questione)The data given in both statements I and II together are necessary to answer the questionCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Following questions contain two statements as statement I and statement II. You have to determine which statement/s is/are necessary to answer the question and give answer.How much amount of profit did Z get at the end of the year in the business by X, Y and Z?Statement I: Y invested Rs. 7500 for 8 months in the business and his profit was 2 times that of the profit of Z and his investment was 200% that of X.Statement II: X, Y and Z together got Rs. 2480 as profit at the end of the year in the business.a)The data in statement I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the questionb)The data in statement II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the questionc)The data given in both statements I and II together are not sufficient to answer the questiond)The data either in statement I alone or in statement II alone is sufficient to answer the questione)The data given in both statements I and II together are necessary to answer the questionCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Following questions contain two statements as statement I and statement II. You have to determine which statement/s is/are necessary to answer the question and give answer.How much amount of profit did Z get at the end of the year in the business by X, Y and Z?Statement I: Y invested Rs. 7500 for 8 months in the business and his profit was 2 times that of the profit of Z and his investment was 200% that of X.Statement II: X, Y and Z together got Rs. 2480 as profit at the end of the year in the business.a)The data in statement I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the questionb)The data in statement II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the questionc)The data given in both statements I and II together are not sufficient to answer the questiond)The data either in statement I alone or in statement II alone is sufficient to answer the questione)The data given in both statements I and II together are necessary to answer the questionCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Following questions contain two statements as statement I and statement II. You have to determine which statement/s is/are necessary to answer the question and give answer.How much amount of profit did Z get at the end of the year in the business by X, Y and Z?Statement I: Y invested Rs. 7500 for 8 months in the business and his profit was 2 times that of the profit of Z and his investment was 200% that of X.Statement II: X, Y and Z together got Rs. 2480 as profit at the end of the year in the business.a)The data in statement I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the questionb)The data in statement II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the questionc)The data given in both statements I and II together are not sufficient to answer the questiond)The data either in statement I alone or in statement II alone is sufficient to answer the questione)The data given in both statements I and II together are necessary to answer the questionCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Following questions contain two statements as statement I and statement II. You have to determine which statement/s is/are necessary to answer the question and give answer.How much amount of profit did Z get at the end of the year in the business by X, Y and Z?Statement I: Y invested Rs. 7500 for 8 months in the business and his profit was 2 times that of the profit of Z and his investment was 200% that of X.Statement II: X, Y and Z together got Rs. 2480 as profit at the end of the year in the business.a)The data in statement I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the questionb)The data in statement II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the questionc)The data given in both statements I and II together are not sufficient to answer the questiond)The data either in statement I alone or in statement II alone is sufficient to answer the questione)The data given in both statements I and II together are necessary to answer the questionCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice Banking Exams tests.
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