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Each question is followed by two statements, A and B. Answer each question using the following instructions:
Mark option (1) if the question can be answered by using statement A alone but not by using statement B alone.
Mark option (2) if the question can be answered by using statement B alone but not by using statement A alone.
Mark option (3) if the question can be answered by using either statement alone.
Mark option (4) if the question can be answered by using both the statements together but not by either of the statements alone.
Mark option (5) if the question cannot be answered on the basis of the two statements.
 
Q.Krishna, a merchant purchases an article and marks it up by a certain price and then gives discount on the marked up price. Find the discount percentage Krishna gave.
A. If he marks the article up Rs. 800 more than at what he purchased and gives a discount of Rs.600, then the profit he makes will be twice the loss he would have made if he had marked up by Rs.600 more than at what he had purchased and had given a discount of Rs.700.
B. He marked the article up by 80% and made a profit of 20%.
  • a)
    1
  • b)
    2
  • c)
    3
  • d)
    4
  • e)
    5
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Each question is followed by two statements, A and B. Answer each ques...
[{(C.P. + 800) - 600} - C.P.] = 2[C.P. - {(C.P + 600) - 700}]
As we cannot find C.P. we cannot determine the mark up percentage.
Statement A alone is not sufficient.
Consider statement B alone:
M.P = C.P. x 1.8
S.P = C.P. x 1.2
As M.P and S.P are known in terms of C.P, we can find the relation between M.P and S.P. and hence the discount percentage.
Statement B alone is sufficient.
Hence, option 2
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Each question is followed by two statements, A and B. Answer each question using the following instructions:Mark option (1) if the question can be answered by using statement A alone but not by using statement B alone.Mark option (2) if the question can be answered by using statement B alone but not by using statement A alone.Mark option (3) if the question can be answered by using either statement alone.Mark option (4) if the question can be answered by using both the statements together but not by either of the statements alone.Mark option (5) if the question cannot be answered on the basis of the two statements.Q.Krishna, a merchant purchases an article and marks it up by a certain price and then gives discount on the marked up price. Find the discount percentageKrishna gave.A. If he marks the article up Rs. 800 more than at what he purchased and gives a discount of Rs.600, then the profit he makes will be twice the loss he would have made if he had marked up by Rs.600 more than at what he had purchased and had given a discount of Rs.700.B. He marked the article up by 80% and made a profit of 20%.a)1b)2c)3d)4e)5Correct answer is option 'B'. Can you explain this answer?
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Each question is followed by two statements, A and B. Answer each question using the following instructions:Mark option (1) if the question can be answered by using statement A alone but not by using statement B alone.Mark option (2) if the question can be answered by using statement B alone but not by using statement A alone.Mark option (3) if the question can be answered by using either statement alone.Mark option (4) if the question can be answered by using both the statements together but not by either of the statements alone.Mark option (5) if the question cannot be answered on the basis of the two statements.Q.Krishna, a merchant purchases an article and marks it up by a certain price and then gives discount on the marked up price. Find the discount percentageKrishna gave.A. If he marks the article up Rs. 800 more than at what he purchased and gives a discount of Rs.600, then the profit he makes will be twice the loss he would have made if he had marked up by Rs.600 more than at what he had purchased and had given a discount of Rs.700.B. He marked the article up by 80% and made a profit of 20%.a)1b)2c)3d)4e)5Correct answer is option 'B'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about Each question is followed by two statements, A and B. Answer each question using the following instructions:Mark option (1) if the question can be answered by using statement A alone but not by using statement B alone.Mark option (2) if the question can be answered by using statement B alone but not by using statement A alone.Mark option (3) if the question can be answered by using either statement alone.Mark option (4) if the question can be answered by using both the statements together but not by either of the statements alone.Mark option (5) if the question cannot be answered on the basis of the two statements.Q.Krishna, a merchant purchases an article and marks it up by a certain price and then gives discount on the marked up price. Find the discount percentageKrishna gave.A. If he marks the article up Rs. 800 more than at what he purchased and gives a discount of Rs.600, then the profit he makes will be twice the loss he would have made if he had marked up by Rs.600 more than at what he had purchased and had given a discount of Rs.700.B. He marked the article up by 80% and made a profit of 20%.a)1b)2c)3d)4e)5Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Each question is followed by two statements, A and B. Answer each question using the following instructions:Mark option (1) if the question can be answered by using statement A alone but not by using statement B alone.Mark option (2) if the question can be answered by using statement B alone but not by using statement A alone.Mark option (3) if the question can be answered by using either statement alone.Mark option (4) if the question can be answered by using both the statements together but not by either of the statements alone.Mark option (5) if the question cannot be answered on the basis of the two statements.Q.Krishna, a merchant purchases an article and marks it up by a certain price and then gives discount on the marked up price. Find the discount percentageKrishna gave.A. If he marks the article up Rs. 800 more than at what he purchased and gives a discount of Rs.600, then the profit he makes will be twice the loss he would have made if he had marked up by Rs.600 more than at what he had purchased and had given a discount of Rs.700.B. He marked the article up by 80% and made a profit of 20%.a)1b)2c)3d)4e)5Correct answer is option 'B'. Can you explain this answer?.
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If he marks the article up Rs. 800 more than at what he purchased and gives a discount of Rs.600, then the profit he makes will be twice the loss he would have made if he had marked up by Rs.600 more than at what he had purchased and had given a discount of Rs.700.B. He marked the article up by 80% and made a profit of 20%.a)1b)2c)3d)4e)5Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Each question is followed by two statements, A and B. Answer each question using the following instructions:Mark option (1) if the question can be answered by using statement A alone but not by using statement B alone.Mark option (2) if the question can be answered by using statement B alone but not by using statement A alone.Mark option (3) if the question can be answered by using either statement alone.Mark option (4) if the question can be answered by using both the statements together but not by either of the statements alone.Mark option (5) if the question cannot be answered on the basis of the two statements.Q.Krishna, a merchant purchases an article and marks it up by a certain price and then gives discount on the marked up price. Find the discount percentageKrishna gave.A. If he marks the article up Rs. 800 more than at what he purchased and gives a discount of Rs.600, then the profit he makes will be twice the loss he would have made if he had marked up by Rs.600 more than at what he had purchased and had given a discount of Rs.700.B. He marked the article up by 80% and made a profit of 20%.a)1b)2c)3d)4e)5Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Each question is followed by two statements, A and B. Answer each question using the following instructions:Mark option (1) if the question can be answered by using statement A alone but not by using statement B alone.Mark option (2) if the question can be answered by using statement B alone but not by using statement A alone.Mark option (3) if the question can be answered by using either statement alone.Mark option (4) if the question can be answered by using both the statements together but not by either of the statements alone.Mark option (5) if the question cannot be answered on the basis of the two statements.Q.Krishna, a merchant purchases an article and marks it up by a certain price and then gives discount on the marked up price. Find the discount percentageKrishna gave.A. If he marks the article up Rs. 800 more than at what he purchased and gives a discount of Rs.600, then the profit he makes will be twice the loss he would have made if he had marked up by Rs.600 more than at what he had purchased and had given a discount of Rs.700.B. He marked the article up by 80% and made a profit of 20%.a)1b)2c)3d)4e)5Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Each question is followed by two statements, A and B. 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If he marks the article up Rs. 800 more than at what he purchased and gives a discount of Rs.600, then the profit he makes will be twice the loss he would have made if he had marked up by Rs.600 more than at what he had purchased and had given a discount of Rs.700.B. He marked the article up by 80% and made a profit of 20%.a)1b)2c)3d)4e)5Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice CAT tests.
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