In each of the following questions, a question is followed by two statements. Read both the statements and find which statements are required to answer the question and answer accordingly. What is the cost price of a table? Statement I: The table is sold at a profit of 20%. If the selling price had been Rs. 240 more, the profit earned would have been 30%. Statement II: The marked price of the table is Rs. 3,000, which is 50% above the cost price of the table.

From Statement I, let the cost price of the table be Rs. x. ATQ, Selling price at 20% profit = 1.20x And, Selling price at 30% profit = 1.30x Or, 1.30x - 1.20x = 240 Or, 0.10x = 240 So, x = 2400 So, the cost price of the table is Rs. 2,400. Thus, Statement I alone is sufficient to answer the question. From Statement II, let the cost price of the table be Rs. y. ATQ, Marked price = 1.50y Given, Marked price = Rs. 3,000 Or, 1.50y = 3000 So, y = 2000 So, the cost price of the table is Rs. 2,000. Thus, Statement II alone is sufficient to answer the question. Therefore, either Statement I alone or Statement II alone is sufficient to answer the question. Hence, the correct answer is C.