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.
B Statement II is alone sufficient to answer the question.
C Either Statement I or statement II is sufficient to answer the question.
D Neither Statement I nor statement II is sufficient to answer the question.
E Both Statements I and II are necessary to answer the question.
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