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In each of the following questions is followed by information given in three statements. You have to study the questions along with the statements and decide the information given in which of the statement(s) is necessary and sufficient to answer the question.

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In each of the following questions is followed by information given in three statements. You have to study the questions along with the statements and decide the information given in which of the statement(s) is necessary and sufficient to answer the question.


What is the selling price of the T.V. set if no discount is offered ?
I. Profit earned was 20%
II. Had 10% discount been offered on selling price the profit would have been Rs.1, 200.
III. Cost price is Rs. 15,000.
1). Any two of three
2). Only I & II
3). Only I & III
4). Only II and III


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2 answers

1 vote
Answered by on | Votes 1 |
Solution

Clearly each statement alone is not sufficient.

I & II : Let CP = 100x

=> SP = 120x [Since, profit = 20%]

Profit = 120x - 100x = 20x = 1200 => x = 60

SP = 7200

Thus, I & II are sufficient.

I & III : CP = 15000

Profit% = 20%

=> SP = 18000

Thus, I & III are sufficient.

II & III : CP = 15000

Profit = 1200

=> SP = 15000+1200 = 16200

Thus, II & III are sufficient.

Therefore, any two of the three statements is sufficient.

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1 vote
Answered by on | Votes 1 |
Solution

Clearly each statement alone is not sufficient.

I & II : Let CP = 100x

=> SP = 120x [Since, profit = 20%]

Profit = 120x - 100x = 20x = 1200 => x = 60

SP = 7200

Thus, I & II are sufficient.

I & III : CP = 15000

Profit% = 20%

=> SP = 18000

Thus, I & III are sufficient.

II & III : CP = 15000

Profit = 1200

=> SP = 15000+1200 = 16200

Thus, II & III are sufficient.

Therefore, any two of the three statements is sufficient.




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