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    Question

    A trader allows two successive discounts of x% and y% on

    the marked price of an article. Is the selling price of the article less than Rs. 18,000? Statement I: The cost price of the article is Rs.23,000. Statement II: x% = 10% and y% = 15%.
    A Statement I is alone sufficient to answer the question. Correct Answer Incorrect Answer
    B Statement II is alone sufficient to answer the question. Correct Answer Incorrect Answer
    C Either Statement I or statement II is sufficient to answer the question. Correct Answer Incorrect Answer
    D Neither Statement I nor statement II is sufficient to answer the question. Correct Answer Incorrect Answer
    E Both Statements I and II are necessary to answer the question. Correct Answer Incorrect Answer

    Solution

    Since, we don’t know the Marked price of the article, even with the help of both the statements, selling price cannot be determined.

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