1.

Answer»

Solution

Clearly each statement alone is not sufficient.

I & II : Let CP = 100x

=> SP = 120X[SINCE, PROFIT = 20%]

Profit = 120x - 100x = 20x = 1200=> x = 60

SP = 7200

Thus, I & II are sufficient.

I & III : CP = 15000

Profit% = 20%

=> SP = 18000

Thus, I & III are sufficient.

II & III : CP = 15000

Profit = 1200

=> SP = 15000+1200 = 16200

Thus, II & III are sufficient.

Therefore, any two of the three STATEMENTS is sufficient.



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