Banking Exams Exam  >  Banking Exams Questions  >  Each of the following questions below consist... Start Learning for Free
Each of the following questions below consists of a question and two statements numbered I and II given. You have to decide whether the data provided in the statements is sufficient to answer the questions. 
Give answer
Q. Find the cost price of article by shopkeeper on selling the article at Rs. 240 ?
(I) If the article sold at 25% more the profit earned will be Rs. 40.
(II) Marked price of article is Rs. 400 and profit% is equal to discount% and profit% is 40%. 
  • a)
    if the data given in statement I alone is sufficient to answer the question while the data in statement II alone is not sufficient to answer the question. 
  • b)
    if the data given in statement II alone is sufficient to answer the question while the data in statement I alone is not sufficient to answer the question. 
  • c)
    if the data either in statement I alone or in statement II alone is sufficient to answer the question. 
  • d)
    If the data in neither statement I nor II is sufficient to answer the question. 
  • e)
    If the data in both statements I and II together is necessary to answer the question. 
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Each of the following questions below consists of a question and two s...
From I
Let C.P. of article be Rs. x.

x = 300 — 40 = Rs 260
From II
Since profit% & discount% is given
and S.P. & marked price is given.
∴ cost price can be determined.
∴ Either from I or II. 
View all questions of this test
Most Upvoted Answer
Each of the following questions below consists of a question and two s...
U can check answer by option... If u take statement 1 then also u get cost price easily.. So no need of statemnet 2. And same situtaion also for statemnet 20
Explore Courses for Banking Exams exam
Each of the following questions below consists of a question and two statements numbered I and II given. You have to decide whether the data provided in the statements is sufficient to answer the questions.Give answerQ.Find the cost price of article by shopkeeper on selling the article at Rs. 240 ?(I) If the article sold at 25% more the profit earned will be Rs. 40.(II) Marked price of article is Rs. 400 and profit% is equal to discount% and profit% is 40%.a)if the data given in statement I alone is sufficient to answer the question while the data in statement II alone is not sufficient to answer the question.b)if the data given in statement II alone is sufficient to answer the question while the data in statement I alone is not sufficient to answer the question.c)if the data either in statement I alone or in statement II alone is sufficient to answer the question.d)If the data in neither statement I nor II is sufficient to answer the question.e)If the data in both statements I and II together is necessary to answer the question.Correct answer is option 'C'. Can you explain this answer?
Question Description
Each of the following questions below consists of a question and two statements numbered I and II given. You have to decide whether the data provided in the statements is sufficient to answer the questions.Give answerQ.Find the cost price of article by shopkeeper on selling the article at Rs. 240 ?(I) If the article sold at 25% more the profit earned will be Rs. 40.(II) Marked price of article is Rs. 400 and profit% is equal to discount% and profit% is 40%.a)if the data given in statement I alone is sufficient to answer the question while the data in statement II alone is not sufficient to answer the question.b)if the data given in statement II alone is sufficient to answer the question while the data in statement I alone is not sufficient to answer the question.c)if the data either in statement I alone or in statement II alone is sufficient to answer the question.d)If the data in neither statement I nor II is sufficient to answer the question.e)If the data in both statements I and II together is necessary to answer the question.Correct answer is option 'C'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Each of the following questions below consists of a question and two statements numbered I and II given. You have to decide whether the data provided in the statements is sufficient to answer the questions.Give answerQ.Find the cost price of article by shopkeeper on selling the article at Rs. 240 ?(I) If the article sold at 25% more the profit earned will be Rs. 40.(II) Marked price of article is Rs. 400 and profit% is equal to discount% and profit% is 40%.a)if the data given in statement I alone is sufficient to answer the question while the data in statement II alone is not sufficient to answer the question.b)if the data given in statement II alone is sufficient to answer the question while the data in statement I alone is not sufficient to answer the question.c)if the data either in statement I alone or in statement II alone is sufficient to answer the question.d)If the data in neither statement I nor II is sufficient to answer the question.e)If the data in both statements I and II together is necessary to answer the question.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Each of the following questions below consists of a question and two statements numbered I and II given. You have to decide whether the data provided in the statements is sufficient to answer the questions.Give answerQ.Find the cost price of article by shopkeeper on selling the article at Rs. 240 ?(I) If the article sold at 25% more the profit earned will be Rs. 40.(II) Marked price of article is Rs. 400 and profit% is equal to discount% and profit% is 40%.a)if the data given in statement I alone is sufficient to answer the question while the data in statement II alone is not sufficient to answer the question.b)if the data given in statement II alone is sufficient to answer the question while the data in statement I alone is not sufficient to answer the question.c)if the data either in statement I alone or in statement II alone is sufficient to answer the question.d)If the data in neither statement I nor II is sufficient to answer the question.e)If the data in both statements I and II together is necessary to answer the question.Correct answer is option 'C'. Can you explain this answer?.
Solutions for Each of the following questions below consists of a question and two statements numbered I and II given. You have to decide whether the data provided in the statements is sufficient to answer the questions.Give answerQ.Find the cost price of article by shopkeeper on selling the article at Rs. 240 ?(I) If the article sold at 25% more the profit earned will be Rs. 40.(II) Marked price of article is Rs. 400 and profit% is equal to discount% and profit% is 40%.a)if the data given in statement I alone is sufficient to answer the question while the data in statement II alone is not sufficient to answer the question.b)if the data given in statement II alone is sufficient to answer the question while the data in statement I alone is not sufficient to answer the question.c)if the data either in statement I alone or in statement II alone is sufficient to answer the question.d)If the data in neither statement I nor II is sufficient to answer the question.e)If the data in both statements I and II together is necessary to answer the question.Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams. Download more important topics, notes, lectures and mock test series for Banking Exams Exam by signing up for free.
Here you can find the meaning of Each of the following questions below consists of a question and two statements numbered I and II given. You have to decide whether the data provided in the statements is sufficient to answer the questions.Give answerQ.Find the cost price of article by shopkeeper on selling the article at Rs. 240 ?(I) If the article sold at 25% more the profit earned will be Rs. 40.(II) Marked price of article is Rs. 400 and profit% is equal to discount% and profit% is 40%.a)if the data given in statement I alone is sufficient to answer the question while the data in statement II alone is not sufficient to answer the question.b)if the data given in statement II alone is sufficient to answer the question while the data in statement I alone is not sufficient to answer the question.c)if the data either in statement I alone or in statement II alone is sufficient to answer the question.d)If the data in neither statement I nor II is sufficient to answer the question.e)If the data in both statements I and II together is necessary to answer the question.Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Each of the following questions below consists of a question and two statements numbered I and II given. You have to decide whether the data provided in the statements is sufficient to answer the questions.Give answerQ.Find the cost price of article by shopkeeper on selling the article at Rs. 240 ?(I) If the article sold at 25% more the profit earned will be Rs. 40.(II) Marked price of article is Rs. 400 and profit% is equal to discount% and profit% is 40%.a)if the data given in statement I alone is sufficient to answer the question while the data in statement II alone is not sufficient to answer the question.b)if the data given in statement II alone is sufficient to answer the question while the data in statement I alone is not sufficient to answer the question.c)if the data either in statement I alone or in statement II alone is sufficient to answer the question.d)If the data in neither statement I nor II is sufficient to answer the question.e)If the data in both statements I and II together is necessary to answer the question.Correct answer is option 'C'. Can you explain this answer?, a detailed solution for Each of the following questions below consists of a question and two statements numbered I and II given. You have to decide whether the data provided in the statements is sufficient to answer the questions.Give answerQ.Find the cost price of article by shopkeeper on selling the article at Rs. 240 ?(I) If the article sold at 25% more the profit earned will be Rs. 40.(II) Marked price of article is Rs. 400 and profit% is equal to discount% and profit% is 40%.a)if the data given in statement I alone is sufficient to answer the question while the data in statement II alone is not sufficient to answer the question.b)if the data given in statement II alone is sufficient to answer the question while the data in statement I alone is not sufficient to answer the question.c)if the data either in statement I alone or in statement II alone is sufficient to answer the question.d)If the data in neither statement I nor II is sufficient to answer the question.e)If the data in both statements I and II together is necessary to answer the question.Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of Each of the following questions below consists of a question and two statements numbered I and II given. You have to decide whether the data provided in the statements is sufficient to answer the questions.Give answerQ.Find the cost price of article by shopkeeper on selling the article at Rs. 240 ?(I) If the article sold at 25% more the profit earned will be Rs. 40.(II) Marked price of article is Rs. 400 and profit% is equal to discount% and profit% is 40%.a)if the data given in statement I alone is sufficient to answer the question while the data in statement II alone is not sufficient to answer the question.b)if the data given in statement II alone is sufficient to answer the question while the data in statement I alone is not sufficient to answer the question.c)if the data either in statement I alone or in statement II alone is sufficient to answer the question.d)If the data in neither statement I nor II is sufficient to answer the question.e)If the data in both statements I and II together is necessary to answer the question.Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Each of the following questions below consists of a question and two statements numbered I and II given. You have to decide whether the data provided in the statements is sufficient to answer the questions.Give answerQ.Find the cost price of article by shopkeeper on selling the article at Rs. 240 ?(I) If the article sold at 25% more the profit earned will be Rs. 40.(II) Marked price of article is Rs. 400 and profit% is equal to discount% and profit% is 40%.a)if the data given in statement I alone is sufficient to answer the question while the data in statement II alone is not sufficient to answer the question.b)if the data given in statement II alone is sufficient to answer the question while the data in statement I alone is not sufficient to answer the question.c)if the data either in statement I alone or in statement II alone is sufficient to answer the question.d)If the data in neither statement I nor II is sufficient to answer the question.e)If the data in both statements I and II together is necessary to answer the question.Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice Banking Exams tests.
Explore Courses for Banking Exams exam

Top Courses for Banking Exams

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev