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Question

What was the per cent profit/loss made/incurred by selling an article for Rs. 24000? Statement
I. The ratio between the selling price and the cost price of the articles is 5 : 3 respectively. Statement
II. The difference between the cost price and the selling price is Rs. 9600.

In each of the following questions, a question followed by two statements numbered I and II are given. You have to read both the statements and then Give answe
A If the data given in statement I alone are sufficient to answer the question, whereas the data given in statement II alone are not sufficient to answer the question.
B If the data given in statement II alone are sufficient to answer the question whereas the data given in statement I alone are not sufficient to answer the question.
C If the data in either statement I alone or in statement II alone are sufficient to answer the question.
D If the data in both the statements I and II are not sufficient to answer the question.
E If the data given in both the statements I and II are necessary to answer the question.
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