Each of the following questions consists of a question and two statements numbered I and II given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. What is the cost price of a table? Statement I: The table is sold at a profit of 20%. If the selling price was Rs. 200 more, the profit would have been 30%. Statement II: The marked price of the table is Rs. 3,000, which is 50% above the cost price.

From I, Let the cost price of the table be Rs. x. ATQ, the initial selling price at 20% profit = 1.20x New selling price = 1.20x + 200 According to the statement, the new profit is 30%. Or, 1.20x + 200 = 1.30x Or, 0.10x = 200 So, x = 2000 Thus, the cost price of the table is Rs. 2,000. So, Statement I alone is sufficient to answer the question. From II, The marked price of the table is Rs. 3,000. The marked price is 50% above the cost price. ATQ, 1.50 * Cost Price = 3000 So, Cost Price = 3000 / 1.50 = Rs. 2,000 So, 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.