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Question

What is the labeled price of the article?
I. The profit earned would be 20% if no discount is offered.
II. The SP after offering 10% discount on the labeled price is Rs. 720.

Each of the questions given below has one question and two statements marked I and
II. You have to decide whether the data provided in the statements are sufficient to answer the question. Read both the statements and give answer.
A If the data in statement I alone are sufficient to answer the question, while the data in statement II alone are not sufficient to answer the question.
B If the data in statement II alone are sufficient to answer the question, while the data in statement I alone are not sufficient to answer the question.
C If the data either in statement I alone or in statement II alone is sufficient to answer the question.
D If the data even in both the statement I and II together are not sufficient to answer the question
E If the data in both statement I and II together are needed to answer the question.
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