Start learning 50% faster. Sign in now
From Statement 1: Shop N earns ₹2,500 from G1, making it 30% less than Shop M’s profit on G1. Thus, Shop M’s profit on G1 is 2500 / 0.7 = ₹3,571. Without additional information about Shop M’s profit on G2, Statement 1 alone is insufficient. From Statement 2: Cost of G1 in Shop M is ₹2,000 with a 20% profit, so the profit on G1 is 2000 * 0.2 = ₹400. Since profit on G2 is double that of G1, it’s ₹400 * 2 = ₹800. Total profit = 400 + 800 = ₹1,200, and this gives a profit percentage with total sales, making Statement 2 alone sufficient. Correct Answer: (b) Statement 2 alone is sufficient, but statement 1 alone is not sufficient.
Who wrote the major revolutionary publication 'Pather Dabi'?
How much has the Indian government allocated for the capital expenditure (Capex) in FY25 as of November 2024?
Which telecom company installed the first-ever mobile tower at the Siachen Glacier, the highest battleground on Earth?
What was the minimum public float requirement for listing on international stock exchanges at Gift City before the Finance Ministry reduced it recently?
For what period was the Armed Forces Medical College (AFMC) Pune awarded a unit citation by the Chief of Defence Staff General Anil Chauhan?
What was the main focus of the state-of-the-art Indian Coast Guard (ICG) Maritime Rescue Coordination Centre (MRCC) inaugurated by Raksha Mantri Rajnath...
Which new visa scheme is Portugal planning to introduce to promote investments in affordable housing?
Which country recently introduced new banknotes featuring hologram portraits?
How much did the Centre earmark for Phase III of the PMGSY (Pradhan Mantri Gram Sadak Yojana)?
Which country is ranked at the top of the FIFA rankings?