Question
Data Interpretation Question on Statements and Inferences
Amar, Bakshi and Chetan together invest ` 24,000 in a business. What is the profit share of Bakshi?
Statement 1: The ratio of investments of Amar, Bakshi and Chetan is 4 : 6 : 9
Statement 2: Ratio of their profits is equal to the ratio of their investments
A
statement (1) alone is sufficient to answer the question
B
statement (2) alone is sufficient to answer the question
C
both the statements together are needed to answer the question
D
statement (1) alone or statement (2) alone is sufficient to answer the question
E
neither statement (1) nor statement (2) suffices to answer the question
Answer
neither statement (1) nor statement (2) suffices to answer the question
Explanation
Solution
The correct option is (E): neither statement (1) nor statement (2) suffices to answer the question