Question

What is the profit%/loss% incurred by selling an article for Rs. 44,000? Statement I: The difference between the cost price and the selling price is Rs. 17,000. Statement II: The ratio between the selling price and the cost price of the article is 5 : 4 respectively.

A Either I or II
B Only II
C Only I
D None of the above
E Both I and II together
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