Bissoy.com
Doctors Medicines MCQs Q&A

Each question below is followed by three statements I, II and III. 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. How much profit did the company earn in the year 2017? Statement I: The company earns 1/3 more profit in the year 2017 than that in the year 2016. Statement II: The average profit earned by the company in the year 2016 and 2018 together is 15 crores. Statement III: In the year 2017 the company earned 8/9 of the profit earned in the year 2018.

Each question below is followed by three statements I, II and III. 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. How much profit did the company earn in the year 2017? Statement I: The company earns 1/3 more profit in the year 2017 than that in the year 2016. Statement II: The average profit earned by the company in the year 2016 and 2018 together is 15 crores. Statement III: In the year 2017 the company earned 8/9 of the profit earned in the year 2018. Correct Answer If the data in statement I, II and<strong> </strong>III together are sufficient to answer the question.

Calculation:

From statement I

The profit of the company in the year 2016 is not given. We cannot determine the profit earned by the company in the year 2017.

So, the Statement I alone is not sufficient to answer the question.

From statement II

Total profit earned by the company in the year 2016 and the year 2018 together = 15 × 2

⇒ 30 crores

We cannot determine the profit earned by the company in the year 2017.

So, the statement II alone is not sufficient to answer the question

From statement III

The profit of the company in the year 2018 is not given. We cannot determine the profit earned by the company in the year 2017.

So, the statement III alone is not sufficient to answer the question.

From statement I, statement II and statement III together

Let the profit earned by company in year 2016 be Rs. x crores. Then the profit earned by company in year 2018 is Rs. 30 – x crores

Then, x × {(1 + 3)/3} = (30 – x) × (8/9)

⇒ 4x/3 = (80/3) – (8x/9)

⇒ (4x/3) + (8x/9) = (80/3)

⇒ {(12x + 8x)/9} = (80/3)

⇒ {20x/9} = (80/3)

⇒ x = (80 × 9)/(20 × 3)

⇒ x = 720/60

⇒ x = 12

Profit earned by company in year 2016 = 12 crore

Profit earned by company in year 2017 = 12 × (4/3)

⇒ 48/3

⇒ 16 crore

So, statement I, statement II and statement III together are sufficient to answer the question.

∴ Statement I, II and III together are sufficient to answer the question.

Related Questions

Each question below is followed by two statements I and II. You have to determine whether the data given in the statement is sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer. What is the yearly salary of Mr. Rohan? I. Sohan earns Rs. 44000 more than Mohan in a year who earns Rs. 16000 more than Rohan per annum. II. The total salary of Rohan and Sohan together for one year is Rs. 192000.
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. What is the average weight of new students added? I. In a class 60% students are male and there average weight is 15 kg more than the female students, 9 males and 6 new female students joined the class and the average weight of the class increased by 0.84 II. Total male students in the class is 12 more than female students adding 9 male students to the class increases the average weight of male students by 1 kg and adding 6 female students increases the average weight of female students by 0.6.
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. What is the amount received by Shimona? I. Samarth and Shimona started a business with an investment in the ratio of 5 ∶ 4. After 4 months Sujoy joined their business with an amount 20% more than that of Samarth after 2 more months Shimona took out 25% of her investment. The total profit obtained after the end of year is Rs.25000. II. Samarth invested Rs.7000 more than that of Shimona. Sujoy invested 9000 more than Samarth and the difference between the profit earned by them is Rs.2000.
The question below is followed by three statements I, II and III. You have to determine whether the data given is sufficient for answering the question. You should use the data and your knowledge of mathematics to choose the best possible answer. what is the cost price of a pen? I. M.p of a pen is 20% more than that of a pencil. II. The company earns a profit of 10% after selling pencil III. The company gives a discount of 20% on the pencil
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. What is the profit percentage earned by Ajeet by selling the article? Statement I: Ajeet sold the article for Rs. 128. If he sold it for Rs. 8 more, she would have earned a profit of 70%. Statement II: Ajeet marked the price of the article 80% above the cost price and sold it for Rs. 128 at a discount of Rs. 16 on the marked price.
Each question below is followed by two statements I and II. You have to determine whether the data given in the statement is sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer. P, Q and R together can complete a work in 12 days. All of them worked together for 6 days and then P left. How much time will Q and R together will take to complete the remaining work? I. If P completes a work in X number of days, then Q and R together complete the work in X number of days. II. After leaving the work, P completed another work in 10 days.
The question below is followed by two statements I and II. You have to determine whether the data given is sufficient for answering the question. You should use the data and your knowledge of mathematics to choose the best possible answer. There are three partner A, B and C in a firm, which earns annual profit of Rs. 10000. Find the profit of A. I. Profit of B is twice of C. II. Profit of C is Rs. 3000.
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. What is the ratio of coconut oil and milk in the final beaker? If contents from four vessels poured in it. I. Vessel B has 10 ml more capacity than vessel A and the ratio of coconut oil and milk in vessel B is 2 ∶ 7. Vessel C has coconut oil and milk in the ratio 2 ∶ 3 and contains 38 ml more capacity than Vessel D II. Vessel A has milk and coconut oil in the ratio 3 ∶ 5. Vessel C has 12 ml more coconut oil than vessel D.
Each question below is followed by two statements I and II. You have to determine whether the data given in the statement is sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer. What is the percentage profit earned by selling a bike for Rs. 54000? I. The amount of profit earned by selling the bike is Rs. 27000. II. The Selling Price of the bike is twice the Cost Price.
Each question below is followed by two statements I and II. You have to determine whether the data given in the statement is sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer. The diagram shown below shows the dimensions of the park. Two teams i.e. team I and team II were cleaning the two different parts of the park. Find which team cleaned the more area and by how much area. I there were more men in team I than team II II AD = AB = 6 unit