Question

Each question is followed by three statements I, II and
III. You have to decide whether the data given in the statements are sufficient to answer the question. What is the profit percentage made on selling an article?
I. The marked price of the article is Rs. 900 and a discount of Rs. 150 is given on it.
II. The cost price of the article is Rs. 600 and the selling price is Rs. 750.
III. The profit earned on the article is equal to the discount given on it.

Q: Answer-Each question is followed by three statements I, II and III. You have to decide whether the data giv...

ATQ, We need profit on cost price. Statement I Marked Price MP 900 Discount 150 Selling Price SP 900 150 750 Cost Price CP not given profit cannot be found. I alone is not sufficient. Statement II CP 600, SP 750 Profit 750 600 150 Profit 150 600 100 25 II alone is sufficient. Statement III Profit discount, but no actual values given infinitely many possibilities. III alone is not sufficient. For consistency check With all three true, discount 150 profit matches II and I. Only statement II alone gives the answer.

A If the data in statement I alone are sufficient, but the data in statements II and III alone are not sufficient.

B If the data in statement II alone are sufficient, but the data in statements I and III alone are not sufficient.

C If the data in statement III alone are sufficient, but the data in statements I and II alone are not sufficient.

D If the data in any two of the three statements together are sufficient, but no single statement alone is sufficient.

E If the data in all three statements together are necessary to answer the question; even any two statements together are not sufficient.

Practice Next

Detailed Solution

More Data Sufficiency Questions

Relevant for Exams:

Hey! Ask a query

Please Register/Login

RBI Grade B 2026 Phase 1 Memory Based Paper