Which of the following statement(s) is/are necessary to determine the total profit earned in the business at the end of the year? Statement 1: A and B...
Question
Which of the following statement(s) is/are necessary to determine the total profit earned in the business at the end of the year?
Statement 1: A and B entered into a partnership by investing Rs. and Rs. respectively. C joined them after 3 months with an investment of Rs. .
Statement 2: At the end of the year, C's share of the profit is Rs. $12000$.
Statement 3: The difference between the profit shares of A and B after one year is Rs. $1500$.