Question

What was the profit earned by selling an article? Statement I: The article was sold for Rs 850 after getting a discount of 15% on the labelled price. Statement I: A profit of 4% is made on the labelled price in buying that article.

A If the data in statement I alone is sufficient to answer the question.

B If the data in statement II alone is sufficient to answer the question.

C If the data either in statement I alone or statement II alone are sufficient to answer the question.

D If the data given in both I and II together are not sufficient to answer the question.

E If the data in both the statements I and II together are necessary to answer the question.

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What was the profit earned by selling an article? Statement I: The article was sold for Rs 850 after getting a discount of 15% on the labelled price. Statement I: A profit of 4% is made on the labelled price in buying that article.

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