New IRDAI 2024 Notification Out - 2 Lac+ Salary - Enroll Now!!

    Register

    Question

    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.

    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.

    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. Correct Answer Incorrect Answer
    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. Correct Answer Incorrect Answer
    C If the data either in statement I alone or in statement II alone is sufficient to answer the question. Correct Answer Incorrect Answer
    D If the data even in both statement I and II together are not sufficient to answer the question and Correct Answer Incorrect Answer
    E If the data in both statement I and II together are needed to answer the question. Correct Answer Incorrect Answer

    Solution

     

    Practice Next

    Relevant for Exams: