A shopkeeper sells some toys at Rs. 250 each. What percent profit does he make? To find the answer, which of the following information given in Statements I and II is/are necessary? I. Number of toys sold. II. Cost price of each toy.

A shopkeeper sells some toys at Rs. 250 each. What percent profit does

1.	A shopkeeper sells some toys at Rs. 250 each. What percent profit does he make? To find the answer, which of the following information given in Statements I and II is/are necessary? I. Number of toys sold. II. Cost price of each toy.
A.	Only I is necessary
B.	Only II is necessary
C.	Both I and II are necessary
D.	Either I or II ins necessary
E.	None of these
Answer» C. Both I and II are necessary

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A shopkeeper sells some toys at Rs. 250 each. What percent profit does he make? To find the answer, which of the following information given in Statements I and II is/are necessary? I. Number of toys sold. II. Cost price of each toy.

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