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Prateek Asked :

12-01-2022 Partnership

Q. Three friends, P, Q and R started a partnership business investing money in the ratio of 5 : 4 : 2 respectively for a period of 3 years. What is the amount received by P as his share profit? I. Total amount invested in the business in Rs. 22,000. II. Profit earned at the end of 3 years is of the total investment. III. The average amount of profit earned per year is Rs. 2750.

A. I or II or III
B. Either III only, or I and II together
C. Any two of the three
D. All I, II and III are required.

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