Question:
The question is followed by two statements numbered I and II. Mark answer as:
What is the cost of a book?
I.The selling price is 25\(\%\) more than the cost price.
II. The seller makes a profit of Rs 100 on selling every lot of 5 books
The question is followed by two statements numbered I and II. Mark answer as:
What is the cost of a book?
I.The selling price is 25\(\%\) more than the cost price.
II. The seller makes a profit of Rs 100 on selling every lot of 5 books
What is the cost of a book?
I.The selling price is 25\(\%\) more than the cost price.
II. The seller makes a profit of Rs 100 on selling every lot of 5 books
Updated On: Oct 10, 2024
- statement I alone is sufficient to provide the answer.
- statement II alone is sufficient to provide the answer.
- both statements are required to provide the answer.
- neither statement I nor II is sufficient to provide the answer
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The Correct Option is C
Solution and Explanation
Statement I alone is not sufficient as it only gives the
ratio between C.P and S.P .
Statement II alone is not sufficient as it only gives profit.
But using both statements we can find the cost price of book.
So the correct option is (C)
ratio between C.P and S.P .
Statement II alone is not sufficient as it only gives profit.
But using both statements we can find the cost price of book.
So the correct option is (C)
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