Ravi, Anand and Pranay are running a business firm in partnership. What is Anand's share in the profit earned by them? a. Ravi, Anand and Pranay invested the amounts in the ratio of 2 : 4 : 7. b. Pranay's share in the profit is Rs. 8750.

Ravi, Anand and Pranay are running a business firm in partnership. What is Anand's share in the profit earned by them?

a. Ravi, Anand and Pranay invested the amounts in the ratio of 2 : 4 : 7.

b. Pranay's share in the profit is Rs. 8750.

A Only a is sufficient

B Neither a nor b is sufficient

C Only b is sufficient

D Both a and b sufficient

Correct Answer: Option D

Given Pranay's profit in the share is Rs. 8750

But given that their investments are in the ratio 2:4:7

\(\frac7{13}\times P\) = 8750

P = 16250

Now Anand's share = \(\frac4{13}\times16250\) = Rs.5000

Thus both staements a and b are sufficient to answer this question.