1.

What was the per cent profit /loss earned incurred by selling an article for 24000 ? I. The ratio of the selling price to the cost price of the article is 5 : 3. II. The difference between the cost price and the selling price is 9600.

A. If the data in Statement I alone are suffcient to answer the question while the data in Statement II 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 in Statement I alone or in Statement II alon are sufficient to answer the question
D. if the data in both the Statement I and II are not sufficient to answer the question
E. If the data in both the Statements I and II together are necessary to answer the question
Answer» 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


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