1.

Directions: The following question is accompanied by two statements (I) and (II). You have to determine which statements(s) is/are sufficient/necessary to answer the questions.Find the discount percentage.I) The marked price of an article is Rs. 3800. But due to sale a certain percent of discount is declared.II) Amit availed the opportunity and bought the article at Rs. 3200 and thereby made a profit of (100/7)%.1. The statement I alone is sufficient to answer the question, but the statement II alone is not sufficient.2. The statement II alone is sufficient to answer the question, but the statement I alone is not sufficient. 3. Both the statements I and II together are needed to answer the question. 4. Either statement I alone or statement II alone is sufficient to answer the question. 5. Neither statement I nor statement II is sufficient to answer the question.

Answer» Correct Answer - Option 3 : Both the statements I and II together are needed to answer the question. 

Formula used:

Discount % = (Discount/M.P) × 100

Selling price = Marked price - Discount

Statement (I):

The marked price of an article is Rs. 3800.

Discount percent is given.

∴ Statement (I) is not sufficient to answer the question.

Statement (II):

Amit availed bought the article at Rs. 3200.

Profit percent = (100/7)%

∴ Statement (II) is not sufficient to answer the question.

Statement (I & II):

MP & CP - Given

P% - Given

MP/CP = (100 + P%)/(100 - D%)

∴ Both the statements I and II together are needed to answer the question. 



Discussion

No Comment Found

Related InterviewSolutions