Question
Statement: Only a few bottles are Knives.
No Knife is a charger. Only rings are Chargers. Conclusion: I. Some knives are bottles. II. All bottles being Knives is a possibility. III. Some knives are not bottles. IV. All Knives being bottles is a possibility. In each of the questions below are given three statements followed by four conclusions numbered I, II, III and IV. You have to take the given statements to be true even if they seem to be at variance with commonly known facts. Read all the conclusions and then decide which of given conclusions logically follows from the given statements disregarding commonly known facts.Solution
An article is bought for ₹1200. It is marked 50% above cost price and then sold at a discount of 20% on marked price. The profit percent is:
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