Evaluate the two proposed answers. Which are supported? I. the first partner's profit share in rupees when equal-duration capitals are Rs 3000 and Rs 5000 and profit is Rs 1600 — the numerical answer in the specified units: 600. II. profit percent when cost is Rs 400 and selling price is Rs 460 — the numerical answer in the specified units: 28.
Correct answer: B
I is correct: the first partner's profit share in rupees when equal-duration capitals are Rs 3000 and Rs 5000 and profit is Rs 1600 → 600. Profit divides 3:5, so the first receives 1600×3/8. II is incorrect: profit percent when cost is Rs 400 and selling price is Rs 460 → 15. Profit is 60 and 60/400×100=15%.