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The following question, there are three statements I, II and III. Read the question carefully and mark your answer according to which statements(s) is/are sufficient to the answer the question. Find the discount that was offered on the TV? Statement I: A profit of 26.5% was earned by selling a TV for Rs. 19,350. Statement II: If the TV marked up the price by 32%. Statement III: The Marked price of the TV was Rs. 22,300

The following question, there are three statements I, II and III. Read the question carefully and mark your answer according to which statements(s) is/are sufficient to the answer the question. Find the discount that was offered on the TV? Statement I: A profit of 26.5% was earned by selling a TV for Rs. 19,350. Statement II: If the TV marked up the price by 32%. Statement III: The Marked price of the TV was Rs. 22,300 Correct Answer None of these

From statement I

S. P = 19,350, Profit or Gain = 26.5%

⇒ C.P = (100/126.5) × 19350 = 15296 (approx.)

From statement II

M.P = 132% of C.P = (132/100) × 15296 = 20190 (approx.)

From statements I and II,

Discount = MP - SP = 20190 – 19350 = Rs. 840

⇒ Discount % = (840/20190) × 100 = 4.16%

Statements I and II can give the answer

Statements II and III cannot give the answer because we want profit percentage with Discount and Profit without discount also

From statement III,

M. P = Rs. 22,300

I and III give the answer

∴ I and II together or I and III together give the answer

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