Question

What was the profit earned by selling an article? I: The article was sold for Rs 850 after getting a discount of 15% on the labelled price. II: A profit of 4% is made on the labelled price in buying that article.

Q: Answer-What was the profit earned by selling an article? I: The article was sold for Rs 850 after getting a...

From statement I, S.P Rs 850 We can find the MP of article as 10085 850 Rs 1,000 from statement II, We can find the CP of article by using the MP from statement I as 104100 1000 Rs 1040 Now we have both SP and CP from both statements to find the profit.

In each of the following questions, a question and two statements I and II are given. You have to decide whether the date given in the statements are sufficient to answer the question or not.

A If the data in statement I alone is sufficient to answer the question.

B If the data in statement II alone is sufficient to answer the question.

C If the data either in statement I alone or statement II alone are sufficient to answer the question.

D If the data given in both I and II together are not sufficient to answer the question.

E If the data in both the statements I and II together are necessary to answer the question.

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What was the profit earned by selling an article? I: The article was sold for Rs 850 after getting a discount of 15% on the labelled price. II: A profit of 4% is made on the labelled price in buying that article.

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