AP ICET 2016 Paper

Given : Total annual profit = Rs. 1,20,000
I. It gives no information on comparative investment of B.
∴ I alone is not sufficient.
II. Given : B’s investment =12

1

2

% more than A’s investment
Since the ratio of their investments is given, the total profit is shared in the same ratio and hence, A’s share in profit can be determined.
e.g A’s share in profit =

8

9+8

×Rs‌.1,20,000
∴ II alone is sufficient.