MCQOPTIONS
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MCQOPTIONS
| 1. |
What selling price should be marked on the article? I. Discount of 5% is to be given and profit percentage should be double the discount. Purchase cost is in the range of $ 300 to $ 400. II. 10% discount is to be allowed and 15% profit is to be obtained on the purchase cost of $ 200 of the article. |
| A. | If the data in statement I alone are sufficient to answer the question, while the data in statement I alone are not sufficient to answer the question. |
| B. | If the data in statement II alone are sufficient to answer the question, while the data in statement I alone are not sufficient to answer the question |
| C. | If the data either in statement I alone or in statement II alone are sufficient to answer the question. |
| D. | If the data even in both statements I and II together are not sufficient to answer the question. |
| Answer» C. If the data either in statement I alone or in statement II alone are sufficient to answer the question. | |