By selling a product with 20% profit, how much profit was earned? I. The difference between cost and selling price is Rs. 40. II. The selling price is 120 percent of the cost price.

II alone sufficient while I alone not sufficient to answer

I alone sufficient while II alone not sufficient to answer

Either I or II alone sufficient to answer

Both I and II are not sufficient to answer

Both I and II are necessary to answer

By selling a product with 20% profit, how much profit was earned? I.

1.	By selling a product with 20% profit, how much profit was earned? I. The difference between cost and selling price is Rs. 40. II. The selling price is 120 percent of the cost price.
A.	I alone sufficient while II alone not sufficient to answer
B.	II alone sufficient while I alone not sufficient to answer
C.	Either I or II alone sufficient to answer
D.	Both I and II are not sufficient to answer
E.	Both I and II are necessary to answer
Answer» B. II alone sufficient while I alone not sufficient to answer

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