MCQOPTIONS
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| 1. |
A dishonest merchant professes to sell his article at Cost price but uses a faulty scale while selling. What is the profit percentage does the merchant make when he sells the article at Cost Price? Statement I : The cost price of the article is Rs. 25 per kg. Statement II : He uses a scale which weighs less by 20% Statement III : If he had sold the articles at 20% profit on cost price then his net profit percentage would have been 50%. |
| A. | Either Statements II or III alone is sufficient. |
| B. | Only statement I is sufficient. |
| C. | Only statement I and II together are sufficient. |
| D. | Only statement I, II, and III together are sufficient. |
| E. | None of these |
| Answer» B. Only statement I is sufficient. | |