Each question below 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 Marked Price of Article A. I. The Selling Price of Article A is 25% of the Selling Price of Article B. II. The cost price of the Article A is Rs. 300. When a discount of 25% is given on the marked price of the Article, the loss incurred is 10%.
Each question below 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 Marked Price of Article A. I. The Selling Price of Article A is 25% of the Selling Price of Article B. II. The cost price of the Article A is Rs. 300. When a discount of 25% is given on the marked price of the Article, the loss incurred is 10%. Correct Answer If the data in <strong>statement II alone is sufficient</strong> to answer the question, while the data in statement I alone are not sufficient to answer the question.
Calculation:
Let the Marked Price of Article A be 'x'
From statement I
⇒ The Selling Price of Article A is 25% of the Selling Price of Article B, here we cannot determine the marked price of article A
so, the statement I is not sufficient to answer the question
From statement II
⇒ C.P = Rs. 300, discount = 25%, loss = 10%
⇒ (300 × 0.9) = x × 0.75
here we can determine the marked price of article A
so, statement II is sufficient to answer the question
∴ 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.