Multiple Choice Questions on At the end of a year of starting a business Vivek and Salman earns total profit of Rs 80000 calculat........... for Insurance Services Examination Preparation

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Multiple Choice Questions

At the end of a year of starting a business Vivek and Salman earns total profit of Rs 80000 calculat...........

Quantitative Aptitude (Insurance) Data Sufficiency
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    Directions: The following questions are accompanied by two statements A and B. You have to determine which statements(s) is/are sufficient/necessary to answer the questions. 

    At the end of a year of starting a business, Vivek and Salman earns total profit of Rs. 80000, calculate the share of Salman.

    (A) Salman invested Rs. 40000 more than Vivek.

    (B) Both of them invested for 12 months, but Vivek also take 20% of total profit as a salary share.

    Statement A alone is sufficient to answer the question, but statement B alone is not sufficient to answer the questions.

    Incorrect Answer

    Statement B alone is sufficient to answer the question, but statement A alone is not sufficient to answer the question.

    Incorrect Answer

    Statements A and B taken together are not sufficient to answer the question.

    Correct Answer

    Both the statements taken together are necessary to answer the questions, but neither of the statements alone is sufficient to answer the question.

    Incorrect Answer

    Either statement A or statement B by itself is sufficient to answer the question

    Incorrect Answer
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