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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?

I: The cost price of the article is Rs.23,000.

II: x% = 10% and y% = 15%.

A If the data in statement I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question. Correct Answer Incorrect Answer
B If the data in statement II alone is sufficient to answer the question, while the data in statement I alone is 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 statements I and II together and not sufficient to answer the question. Correct Answer Incorrect Answer
E If the data in both statements I and II together 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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