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Q(1 – 10) Each of the questions below consists of a question and three statements given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. Read all the three statements and give answer: –
How many articles were sold?
I. Total profit earned was Rs. 3000
II. Cost-price per article was Rs. 670
III. Selling price per article was Rs. 820
  • a)
    II and III only are Sufficient
  • b)
    I and II only are Sufficient
  • c)
    All I, II and III are Sufficient
  • d)
    Any two of the three are Sufficient
  • e)
    None of these
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Q(1 – 10) Each of the questions below consists of a question and...
From statements II and III
Profit on each article = 820 – 670 = 150
From statements I, II and III
Number of articles sold
=3000/150 = 20
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Q(1 – 10) Each of the questions below consists of a question and...
): What is the purpose of a business plan?

A business plan serves as a roadmap for the future success of a business. It outlines the goals, strategies, and financial projections of the business, providing a clear direction for its operations. The purpose of a business plan is to communicate the business's vision and mission to stakeholders, including potential investors, lenders, and employees. It also helps in identifying potential risks and challenges and developing strategies to overcome them. Additionally, a well-written business plan can attract funding, support decision-making, and serve as a tool for monitoring and evaluating the business's performance.
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Q(1 – 10) Each of the questions below consists of a question and three statements given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. Read all the three statements and give answer: –How many articles were sold?I. Total profit earned was Rs. 3000II. Cost-price per article was Rs. 670III. Selling price per article was Rs. 820a)II and III only are Sufficientb)I and II onlyare Sufficientc)All I, II and IIIare Sufficientd)Any two of the threeare Sufficiente)None of theseCorrect answer is option 'C'. Can you explain this answer?
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Q(1 – 10) Each of the questions below consists of a question and three statements given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. Read all the three statements and give answer: –How many articles were sold?I. Total profit earned was Rs. 3000II. Cost-price per article was Rs. 670III. Selling price per article was Rs. 820a)II and III only are Sufficientb)I and II onlyare Sufficientc)All I, II and IIIare Sufficientd)Any two of the threeare Sufficiente)None of theseCorrect answer is option 'C'. Can you explain this answer? for LR 2025 is part of LR preparation. The Question and answers have been prepared according to the LR exam syllabus. Information about Q(1 – 10) Each of the questions below consists of a question and three statements given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. Read all the three statements and give answer: –How many articles were sold?I. Total profit earned was Rs. 3000II. Cost-price per article was Rs. 670III. Selling price per article was Rs. 820a)II and III only are Sufficientb)I and II onlyare Sufficientc)All I, II and IIIare Sufficientd)Any two of the threeare Sufficiente)None of theseCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for LR 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Q(1 – 10) Each of the questions below consists of a question and three statements given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. Read all the three statements and give answer: –How many articles were sold?I. Total profit earned was Rs. 3000II. Cost-price per article was Rs. 670III. Selling price per article was Rs. 820a)II and III only are Sufficientb)I and II onlyare Sufficientc)All I, II and IIIare Sufficientd)Any two of the threeare Sufficiente)None of theseCorrect answer is option 'C'. Can you explain this answer?.
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