The following question has three statements. Study the question and the statements to decide which of the statement(s) is/are necessary to answer the question. Find the ratio of marked price and cost price. Statement I: If someone buys 6 articles at marked price, he gets 2 articles free Statement II: Profit earned by the shopkeeper is 12.5% Statement III: Discount of 25% is provided on marked price?

Statement (I) alone is sufficient
Statement (III) alone is sufficient
Either Statement (II) or (III) and statement (I) are required
Statement (I) and (III) together are sufficient
Either Statement (I) or (III) and statement (II) are required

LohaHridoy

4 views

2025-01-04 04:42

1 Answers

AhmedNazir

Option 5 : Either Statement (I) or (III) and statement (II) are required

Statement I and II:

If someone buys 6 articles at marked price, he gets 2 articles free and the profit earned by the shopkeeper is 12.5%

⇒ × 100 = 12.5

⇒ 6MP - 8CP = CP

⇒ 6MP = 9CP

⇒ MP ∶ CP = 9 ∶ 6 = 3 ∶ 2

Statement II and III:

Discount of 25% is provided on marked price. Profit earned by the shopkeeper is 12.5%

⇒ × 100 = 12.5

⇒ 0.75MP = 1.125CP

⇒ MP ∶ CP = 3 ∶ 2

∴ Either Statement (I) or (III) and statement (II) are required to answer the question

4 views Answered 2022-09-04 04:29

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