CAT Exam  >  CAT Questions  >  The question is followed by two statements, A... Start Learning for Free
The 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 os 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 (S) if the question cannot be answered on the basis of the two statements. 12) 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. 1. If he marks the article up Rs. S00 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 ha at what he had purchased and had given a discount of Rs.700. B. He marked the article up by S0% and made a profit of 20%. O 1) O 2) O 3) O 4) O S)?
Most Upvoted Answer
The question is followed by two statements, A and B. Answer each quest...
Analyzing the Statements
To determine the discount percentage Krishna gave, we need to examine the information provided in statements A and B.
Statement A
- Krishna marks up the article by Rs. 500 more than his purchase price.
- He gives a discount of Rs. 600.
- The profit he makes is twice the loss he would have incurred had he purchased the article for a certain price and given a discount of Rs. 700.
From this statement, we can derive the relationship between the markup, discount, and profit/loss, which is crucial for calculating the discount percentage.
Statement B
- Krishna marks the article up by 50%.
- He makes a profit of 20%.
This statement provides the percentage of the markup and the profit but does not give specific information about the discount amount or the actual purchase price, which are essential for calculating the discount percentage.
Evaluating the Options
- Option 1: Statement A alone can help us find the discount percentage, while Statement B cannot.
- Option 2: Statement B alone does not provide sufficient information to find the discount percentage, while Statement A does.
- Option 3: Neither statement can independently determine the discount percentage.
- Option 4: Both statements together provide more context but are not necessary, as A alone suffices.
- Option S: The question can be answered using either statement alone.
Conclusion
Thus, the correct answer is (1), as Statement A alone is sufficient to determine the discount percentage, whereas Statement B does not provide adequate information on its own.
Attention CAT Students!
To make sure you are not studying endlessly, EduRev has designed CAT study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in CAT.
Explore Courses for CAT exam

Similar CAT Doubts

Top Courses for CAT

The 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 os 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 (S) if the question cannot be answered on the basis of the two statements. 12) 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. 1. If he marks the article up Rs. S00 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 ha at what he had purchased and had given a discount of Rs.700. B. He marked the article up by S0% and made a profit of 20%. O 1) O 2) O 3) O 4) O S)?
Question Description
The 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 os 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 (S) if the question cannot be answered on the basis of the two statements. 12) 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. 1. If he marks the article up Rs. S00 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 ha at what he had purchased and had given a discount of Rs.700. B. He marked the article up by S0% and made a profit of 20%. O 1) O 2) O 3) O 4) O S)? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about The 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 os 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 (S) if the question cannot be answered on the basis of the two statements. 12) 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. 1. If he marks the article up Rs. S00 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 ha at what he had purchased and had given a discount of Rs.700. B. He marked the article up by S0% and made a profit of 20%. O 1) O 2) O 3) O 4) O S)? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The 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 os 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 (S) if the question cannot be answered on the basis of the two statements. 12) 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. 1. If he marks the article up Rs. S00 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 ha at what he had purchased and had given a discount of Rs.700. B. He marked the article up by S0% and made a profit of 20%. O 1) O 2) O 3) O 4) O S)?.
Solutions for The 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 os 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 (S) if the question cannot be answered on the basis of the two statements. 12) 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. 1. If he marks the article up Rs. S00 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 ha at what he had purchased and had given a discount of Rs.700. B. He marked the article up by S0% and made a profit of 20%. O 1) O 2) O 3) O 4) O S)? in English & in Hindi are available as part of our courses for CAT. Download more important topics, notes, lectures and mock test series for CAT Exam by signing up for free.
Here you can find the meaning of The 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 os 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 (S) if the question cannot be answered on the basis of the two statements. 12) 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. 1. If he marks the article up Rs. S00 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 ha at what he had purchased and had given a discount of Rs.700. B. He marked the article up by S0% and made a profit of 20%. O 1) O 2) O 3) O 4) O S)? defined & explained in the simplest way possible. Besides giving the explanation of The 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 os 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 (S) if the question cannot be answered on the basis of the two statements. 12) 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. 1. If he marks the article up Rs. S00 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 ha at what he had purchased and had given a discount of Rs.700. B. He marked the article up by S0% and made a profit of 20%. O 1) O 2) O 3) O 4) O S)?, a detailed solution for The 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 os 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 (S) if the question cannot be answered on the basis of the two statements. 12) 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. 1. If he marks the article up Rs. S00 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 ha at what he had purchased and had given a discount of Rs.700. B. He marked the article up by S0% and made a profit of 20%. O 1) O 2) O 3) O 4) O S)? has been provided alongside types of The 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 os 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 (S) if the question cannot be answered on the basis of the two statements. 12) 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. 1. If he marks the article up Rs. S00 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 ha at what he had purchased and had given a discount of Rs.700. B. He marked the article up by S0% and made a profit of 20%. O 1) O 2) O 3) O 4) O S)? theory, EduRev gives you an ample number of questions to practice The 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 os 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 (S) if the question cannot be answered on the basis of the two statements. 12) 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. 1. If he marks the article up Rs. S00 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 ha at what he had purchased and had given a discount of Rs.700. B. He marked the article up by S0% and made a profit of 20%. O 1) O 2) O 3) O 4) O S)? tests, examples and also practice CAT tests.
Explore Courses for CAT exam

Top Courses for CAT

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