To determine if the product \(xy\) is negative, we need to analyze the given statements one by one and then together to check their sufficiency.
Therefore, the correct answer is: Statement (1) alone is sufficient to answer the question.
If the price of a commodity increases by 25%, by what percentage should the consumption be reduced to keep the expenditure the same?
A shopkeeper marks his goods 40% above cost price and offers a 10% discount. What is his percentage profit?