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The following question has two statements. Study the question and the statements and decide which of the statement(s) is necessary to answer the question. If a house-broker gets a commission of 6% on every sell of house he deals in, what will be the selling price of each individual house he sells? I) SP (House) - Broker’s commission = Rs. 84,600 II) SP (House) = 250% of (Original purchase price of House = 72000)

The following question has two statements. Study the question and the statements and decide which of the statement(s) is necessary to answer the question. If a house-broker gets a commission of 6% on every sell of house he deals in, what will be the selling price of each individual house he sells? I) SP (House) - Broker’s commission = Rs. 84,600 II) SP (House) = 250% of (Original purchase price of House = 72000) Correct Answer Either I or II

Considering statement I,

⇒ SP (House) - Broker’s commission = Rs. 84,600

⇒ SP - 6% of SP = 84600

⇒ SP (1 - 6/100) = 84,600

⇒ SP × 94/100 = 84600

⇒ SP = Rs. 90000

Considering statement II,

⇒ SP (House) = 250% of (Original purchase price of House)

⇒ SP = 250/1000 × 72000 = Rs. 180000

∴ The question can be answered using either of the statements

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