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Q(1 – 5) Each of the questions below consists of a question and two statements numbered I and II 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: –
A car dealer sold 80% of the cars in its inventory during September. What was the total revenue from the sales of cars?
I. All but 60 cars in the showroom inventory were sold during September.
II. Cars were sold for an average price of Rs.4.5 lakh during September.
  • a)
     If the data in statement I alone is sufficient to answer the question.
  • b)
     If the data in statement II alone is sufficient to answer the question.
  • c)
     If the data either in statement I alone or statement II alone are sufficient to answer the question.
  • d)
     If the data given in both I and II together are not sufficient to answer the question.
  • e)
     If the data in both the statements I and II together are necessary to answer the question
Correct answer is option 'E'. Can you explain this answer?
Verified Answer
Q(1 – 5) Each of the questions below consists of a question and ...
Total no of cars in September = x
From Statement I – 20% of x = 60 (Cars that are not sold)
x = 300
80% 0f 300 =240
From Statement II – Price of a car = Rs.4.5 lakh
From Statement I & II – The total revenue from the sales of cars = 240 * 4.5 lakh = 1080 lakh
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Most Upvoted Answer
Q(1 – 5) Each of the questions below consists of a question and ...
Statement Analysis:

Statement I: All but 60 cars in the showroom inventory were sold during September.
- This statement gives us the number of cars sold in September, which is 60.
- However, it does not provide information about the total number of cars in the inventory or the selling price of the cars.

Statement II: Cars were sold for an average price of Rs.4.5 lakh during September.
- This statement gives us the average selling price of the cars but does not provide information about the total number of cars sold.

Combined Analysis:
- Statement I gives us the number of cars sold, while statement II provides the average selling price.
- To calculate the total revenue from the sales of cars, we need both the total number of cars sold and the average selling price.
- Therefore, we need the data from both statements I and II together to answer the question.

Conclusion:
Therefore, the data in both the statements I and II together are necessary to answer the question. Thus, the correct answer is option 'E'.
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Q(1 – 5) Each of the questions below consists of a question and two statements numbered I and II 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: –A car dealer sold 80% of the cars in its inventory during September. What was the total revenue from the sales of cars?I. All but 60 cars in the showroom inventory were sold during September.II. Cars were sold for an average price of Rs.4.5 lakh during September.a)If the data in statement I alone is sufficient to answer the question.b)If the data in statement II alone is sufficient to answer the question.c)If the data either in statement I alone or statement II alone are sufficient to answer the question.d)If the data given in both I and II together are not sufficient to answer the question.e)If the data in both the statements I and II together are necessary to answer the questionCorrect answer is option 'E'. Can you explain this answer?
Question Description
Q(1 – 5) Each of the questions below consists of a question and two statements numbered I and II 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: –A car dealer sold 80% of the cars in its inventory during September. What was the total revenue from the sales of cars?I. All but 60 cars in the showroom inventory were sold during September.II. Cars were sold for an average price of Rs.4.5 lakh during September.a)If the data in statement I alone is sufficient to answer the question.b)If the data in statement II alone is sufficient to answer the question.c)If the data either in statement I alone or statement II alone are sufficient to answer the question.d)If the data given in both I and II together are not sufficient to answer the question.e)If the data in both the statements I and II together are necessary to answer the questionCorrect answer is option 'E'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Q(1 – 5) Each of the questions below consists of a question and two statements numbered I and II 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: –A car dealer sold 80% of the cars in its inventory during September. What was the total revenue from the sales of cars?I. All but 60 cars in the showroom inventory were sold during September.II. Cars were sold for an average price of Rs.4.5 lakh during September.a)If the data in statement I alone is sufficient to answer the question.b)If the data in statement II alone is sufficient to answer the question.c)If the data either in statement I alone or statement II alone are sufficient to answer the question.d)If the data given in both I and II together are not sufficient to answer the question.e)If the data in both the statements I and II together are necessary to answer the questionCorrect answer is option 'E'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Q(1 – 5) Each of the questions below consists of a question and two statements numbered I and II 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: –A car dealer sold 80% of the cars in its inventory during September. What was the total revenue from the sales of cars?I. All but 60 cars in the showroom inventory were sold during September.II. Cars were sold for an average price of Rs.4.5 lakh during September.a)If the data in statement I alone is sufficient to answer the question.b)If the data in statement II alone is sufficient to answer the question.c)If the data either in statement I alone or statement II alone are sufficient to answer the question.d)If the data given in both I and II together are not sufficient to answer the question.e)If the data in both the statements I and II together are necessary to answer the questionCorrect answer is option 'E'. Can you explain this answer?.
Solutions for Q(1 – 5) Each of the questions below consists of a question and two statements numbered I and II 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: –A car dealer sold 80% of the cars in its inventory during September. What was the total revenue from the sales of cars?I. All but 60 cars in the showroom inventory were sold during September.II. Cars were sold for an average price of Rs.4.5 lakh during September.a)If the data in statement I alone is sufficient to answer the question.b)If the data in statement II alone is sufficient to answer the question.c)If the data either in statement I alone or statement II alone are sufficient to answer the question.d)If the data given in both I and II together are not sufficient to answer the question.e)If the data in both the statements I and II together are necessary to answer the questionCorrect answer is option 'E'. 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 Q(1 – 5) Each of the questions below consists of a question and two statements numbered I and II 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: –A car dealer sold 80% of the cars in its inventory during September. What was the total revenue from the sales of cars?I. All but 60 cars in the showroom inventory were sold during September.II. Cars were sold for an average price of Rs.4.5 lakh during September.a)If the data in statement I alone is sufficient to answer the question.b)If the data in statement II alone is sufficient to answer the question.c)If the data either in statement I alone or statement II alone are sufficient to answer the question.d)If the data given in both I and II together are not sufficient to answer the question.e)If the data in both the statements I and II together are necessary to answer the questionCorrect answer is option 'E'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Q(1 – 5) Each of the questions below consists of a question and two statements numbered I and II 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: –A car dealer sold 80% of the cars in its inventory during September. What was the total revenue from the sales of cars?I. All but 60 cars in the showroom inventory were sold during September.II. Cars were sold for an average price of Rs.4.5 lakh during September.a)If the data in statement I alone is sufficient to answer the question.b)If the data in statement II alone is sufficient to answer the question.c)If the data either in statement I alone or statement II alone are sufficient to answer the question.d)If the data given in both I and II together are not sufficient to answer the question.e)If the data in both the statements I and II together are necessary to answer the questionCorrect answer is option 'E'. Can you explain this answer?, a detailed solution for Q(1 – 5) Each of the questions below consists of a question and two statements numbered I and II 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: –A car dealer sold 80% of the cars in its inventory during September. What was the total revenue from the sales of cars?I. All but 60 cars in the showroom inventory were sold during September.II. Cars were sold for an average price of Rs.4.5 lakh during September.a)If the data in statement I alone is sufficient to answer the question.b)If the data in statement II alone is sufficient to answer the question.c)If the data either in statement I alone or statement II alone are sufficient to answer the question.d)If the data given in both I and II together are not sufficient to answer the question.e)If the data in both the statements I and II together are necessary to answer the questionCorrect answer is option 'E'. Can you explain this answer? has been provided alongside types of Q(1 – 5) Each of the questions below consists of a question and two statements numbered I and II 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: –A car dealer sold 80% of the cars in its inventory during September. What was the total revenue from the sales of cars?I. All but 60 cars in the showroom inventory were sold during September.II. Cars were sold for an average price of Rs.4.5 lakh during September.a)If the data in statement I alone is sufficient to answer the question.b)If the data in statement II alone is sufficient to answer the question.c)If the data either in statement I alone or statement II alone are sufficient to answer the question.d)If the data given in both I and II together are not sufficient to answer the question.e)If the data in both the statements I and II together are necessary to answer the questionCorrect answer is option 'E'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Q(1 – 5) Each of the questions below consists of a question and two statements numbered I and II 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: –A car dealer sold 80% of the cars in its inventory during September. What was the total revenue from the sales of cars?I. All but 60 cars in the showroom inventory were sold during September.II. Cars were sold for an average price of Rs.4.5 lakh during September.a)If the data in statement I alone is sufficient to answer the question.b)If the data in statement II alone is sufficient to answer the question.c)If the data either in statement I alone or statement II alone are sufficient to answer the question.d)If the data given in both I and II together are not sufficient to answer the question.e)If the data in both the statements I and II together are necessary to answer the questionCorrect answer is option 'E'. Can you explain this answer? tests, examples and also practice Banking Exams tests.
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