1.

What should be the selling price of washing machine so as to make a profit of 25%? Statement I : An electronic shop dealer marks washing machine 80% above the cost price and after allowing a discount of 25% he claims a profit of Rs. 3500. Statement II : A shopkeeper sold the same washing machine for Rs. 15000 on the condition that shopkeeper will pay the transportation cost of Rs 2000 and he gets a profit of 25%.

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. Either Statement I or 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