1.

Ganpat is a oil trader, he mixes two varieties of oil in the ratio of 1 : 4. By selling the mixture at 14.40 per kg he gets a profit of more than 20%. Is the cost of the dearer variety, which is mixed, more than 20 per kg? Statement I: The cost of the cheaper variety of oil mixed is 10 per kg. Statement II: For every 1 kg of the cheaper variety of oil he mixed 4 kg of the dearer variety of oil.

A. The data in statements I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question.
B. The data in statements II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the question.
C. The data in statements I alone or in statement II alone is sufficient to answer the question.
D. The data in both the statements I and II is not sufficient to answer the question.
E. The data in both the statements I and II together is necessary to answer the question.
Answer» D. The data in both the statements I and II is not sufficient to answer the question.


Discussion

No Comment Found

Related MCQs