Aptitude - Profit and Loss - Discussion

Discussion Forum : Profit and Loss - Data Sufficiency 1 (Q.No. 1)
1.

A shopkeeper sells some articles at the profit of 25% on the original price. What is the exact amount of profit? To find the answer, which of the following information given in Statements I and II is/are necessary?

I. 

Sale price of the article

 II. 

Number of articles sold

Only I is necessary
Only II is necessary
Either I or II is necessary
Both I and II are necessary
None of these
Answer: Option
Explanation:

Gain = 25% of C.P.

In order to find gain, we must know the sale price of each article and the number of articles sold.

Correct answer is (D).

Discussion:
44 comments Page 5 of 5.

AnukulMoon said:   1 decade ago
First Statement is enough right?

VineethaAlexander said:   6 years ago
May be 1st statement is enough.
(4)

Sandipan Das said:   9 years ago
I think option C is correct.

Abdur Rahman said:   5 years ago
Option A is right.
(3)


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