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Directions: Below question is followed by two statements I and II. You have to determine whether the data given in the statements are sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer.Find the sum of prices paid by A, B, and C to buy the article.Statement I: A sells his articles at 87.5% of the cost price to B. B sells it at a 10% profit to C. Statement II: C paid Rs. 1386 for the article.1. If the data in statement I alone is sufficient to answer the question, while the data in statement II alone are not sufficient to answer the question.2. If the data in statement II alone is sufficient to answer the question, while the data in statement I alone are not sufficient to answer the question.3. If the data either in statement I alone or in statement II alone is sufficient to answer the question.4. If the data even in both the statements I and II together are not sufficient to answer the question.5. If the data in both statements I and II together are needed to answer the question. |
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Answer» Correct Answer - Option 5 : If the data in both statements I and II together are needed to answer the question. Given: Statement I: A sold the article to B at = 87.5% of the cost price B sold the article to C at = 10% profit Statement II: Amount paid be C to purchase the article = Rs. 1386 Formula used: Profit % = [(SP – CP)/CP] × 100 Calculations: Statement I: Let A bought the cricket bat for Rs. x Then, B’s purchasing cost = (87.5/100) × x ⇒ 7x/8 Statement II: C’s purchasing cost = (110/100) × (7x/8) ⇒ (11/10) × (7x/8) = 1386 ⇒ 77x/80 = 1386 ⇒ x/80 = 18 ⇒ x = Rs. 1440 ∴ If the data in both statements I and II together are needed to answer the question. |
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