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Question

By selling an article Rs. 20,000, what is the profit or loss percent gained.
I. 20% discount given on marked price.
II. Cost price is 30% more than the marked price.

strong >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 choose the appropriate option.
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 statement I and II together are not sufficient to answer the question and
E If the data in both statement I and II together are needed to answer the question.
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