Banking Exams Exam > Banking Exams Questions > Direction: In these questions, a question is...
Start Learning for Free
Direction: In these questions, a question is given followed by information in three statements. You have to consider the information in all the three statements and decide the information in which of the statements is not necessarily required to answer the question and therefore can be dispensed with. Indicate your answer accordingly.
What is the labelled price of the book?
I. Cost price of the book is Rs. 790.
II. Selling price after offering 4% discount on the labelled price is 120% of cost price..
III. Profit earned would have been 30%; if no discount was offered.
- a)Only I
- b)Only II
- c)II and III
- d)I and III
- e)Either II or I and III
Correct answer is option 'B'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Most Upvoted Answer
Direction: In these questions, a question is given followed by inform...
We know that, Selling price (S.P.) = Cost price (C.P.) + Profit
Also, Marked price (M.P.) or Labelled price = S.P. + Discount
From the above formulas we can observe that to find the labelled price we need to know either both the cost price and profit or selling price and discount.
Thus, statement I & III together is sufficient to answer the question.
∴ Statement ll is not necessarily required to answer.
Hence, the correct option is (B).
Free Test
FREE
| Start Free Test |
Community Answer
Direction: In these questions, a question is given followed by inform...
Statement Analysis:
I. Cost price of the book is Rs. 790.
This statement provides the cost price of the book, but it does not directly give information about the labelled price. It is not sufficient to determine the labelled price.
II. Selling price after offering 4% discount on the labelled price is 120% of cost price.
This statement is crucial as it gives a relationship between the selling price, cost price, and discount offered. It helps in calculating the labelled price of the book.
III. Profit earned would have been 30% if no discount was offered.
This statement indicates the profit percentage without offering any discount. While it gives insight into the profit margin, it is not essential to calculate the labelled price.
Conclusion:
From the above analysis, it is evident that statement II is necessary to calculate the labelled price of the book, while statements I and III are not required. Therefore, the information in statement II can be dispensed with to answer the question about the labelled price of the book.
I. Cost price of the book is Rs. 790.
This statement provides the cost price of the book, but it does not directly give information about the labelled price. It is not sufficient to determine the labelled price.
II. Selling price after offering 4% discount on the labelled price is 120% of cost price.
This statement is crucial as it gives a relationship between the selling price, cost price, and discount offered. It helps in calculating the labelled price of the book.
III. Profit earned would have been 30% if no discount was offered.
This statement indicates the profit percentage without offering any discount. While it gives insight into the profit margin, it is not essential to calculate the labelled price.
Conclusion:
From the above analysis, it is evident that statement II is necessary to calculate the labelled price of the book, while statements I and III are not required. Therefore, the information in statement II can be dispensed with to answer the question about the labelled price of the book.
Attention Banking Exams Students!
To make sure you are not studying endlessly, EduRev has designed Banking Exams study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Banking Exams.
|
Explore Courses for Banking Exams exam
|
|
Similar Banking Exams Doubts
Top Courses for Banking ExamsView all
Direction: In these questions, a question is given followed by information in three statements. You have to consider the information in all the three statements and decide the information in which of the statements is not necessarily required to answer the question and therefore can be dispensed with. Indicate your answer accordingly.What is the labelled price of the book?I. Cost price of the book is Rs. 790.II. Selling price after offering 4% discount on the labelled price is 120% of cost price..III. Profit earned would have been 30%; if no discount was offered.a)Only Ib)Only IIc)II and IIId)I and IIIe)Either II or I and IIICorrect answer is option 'B'. Can you explain this answer?
Question Description
Direction: In these questions, a question is given followed by information in three statements. You have to consider the information in all the three statements and decide the information in which of the statements is not necessarily required to answer the question and therefore can be dispensed with. Indicate your answer accordingly.What is the labelled price of the book?I. Cost price of the book is Rs. 790.II. Selling price after offering 4% discount on the labelled price is 120% of cost price..III. Profit earned would have been 30%; if no discount was offered.a)Only Ib)Only IIc)II and IIId)I and IIIe)Either II or I and IIICorrect answer is option 'B'. 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 Direction: In these questions, a question is given followed by information in three statements. You have to consider the information in all the three statements and decide the information in which of the statements is not necessarily required to answer the question and therefore can be dispensed with. Indicate your answer accordingly.What is the labelled price of the book?I. Cost price of the book is Rs. 790.II. Selling price after offering 4% discount on the labelled price is 120% of cost price..III. Profit earned would have been 30%; if no discount was offered.a)Only Ib)Only IIc)II and IIId)I and IIIe)Either II or I and IIICorrect answer is option 'B'. 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 Direction: In these questions, a question is given followed by information in three statements. You have to consider the information in all the three statements and decide the information in which of the statements is not necessarily required to answer the question and therefore can be dispensed with. Indicate your answer accordingly.What is the labelled price of the book?I. Cost price of the book is Rs. 790.II. Selling price after offering 4% discount on the labelled price is 120% of cost price..III. Profit earned would have been 30%; if no discount was offered.a)Only Ib)Only IIc)II and IIId)I and IIIe)Either II or I and IIICorrect answer is option 'B'. Can you explain this answer?.
Direction: In these questions, a question is given followed by information in three statements. You have to consider the information in all the three statements and decide the information in which of the statements is not necessarily required to answer the question and therefore can be dispensed with. Indicate your answer accordingly.What is the labelled price of the book?I. Cost price of the book is Rs. 790.II. Selling price after offering 4% discount on the labelled price is 120% of cost price..III. Profit earned would have been 30%; if no discount was offered.a)Only Ib)Only IIc)II and IIId)I and IIIe)Either II or I and IIICorrect answer is option 'B'. 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 Direction: In these questions, a question is given followed by information in three statements. You have to consider the information in all the three statements and decide the information in which of the statements is not necessarily required to answer the question and therefore can be dispensed with. Indicate your answer accordingly.What is the labelled price of the book?I. Cost price of the book is Rs. 790.II. Selling price after offering 4% discount on the labelled price is 120% of cost price..III. Profit earned would have been 30%; if no discount was offered.a)Only Ib)Only IIc)II and IIId)I and IIIe)Either II or I and IIICorrect answer is option 'B'. 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 Direction: In these questions, a question is given followed by information in three statements. You have to consider the information in all the three statements and decide the information in which of the statements is not necessarily required to answer the question and therefore can be dispensed with. Indicate your answer accordingly.What is the labelled price of the book?I. Cost price of the book is Rs. 790.II. Selling price after offering 4% discount on the labelled price is 120% of cost price..III. Profit earned would have been 30%; if no discount was offered.a)Only Ib)Only IIc)II and IIId)I and IIIe)Either II or I and IIICorrect answer is option 'B'. Can you explain this answer?.
Solutions for Direction: In these questions, a question is given followed by information in three statements. You have to consider the information in all the three statements and decide the information in which of the statements is not necessarily required to answer the question and therefore can be dispensed with. Indicate your answer accordingly.What is the labelled price of the book?I. Cost price of the book is Rs. 790.II. Selling price after offering 4% discount on the labelled price is 120% of cost price..III. Profit earned would have been 30%; if no discount was offered.a)Only Ib)Only IIc)II and IIId)I and IIIe)Either II or I and IIICorrect answer is option 'B'. 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 Direction: In these questions, a question is given followed by information in three statements. You have to consider the information in all the three statements and decide the information in which of the statements is not necessarily required to answer the question and therefore can be dispensed with. Indicate your answer accordingly.What is the labelled price of the book?I. Cost price of the book is Rs. 790.II. Selling price after offering 4% discount on the labelled price is 120% of cost price..III. Profit earned would have been 30%; if no discount was offered.a)Only Ib)Only IIc)II and IIId)I and IIIe)Either II or I and IIICorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Direction: In these questions, a question is given followed by information in three statements. You have to consider the information in all the three statements and decide the information in which of the statements is not necessarily required to answer the question and therefore can be dispensed with. Indicate your answer accordingly.What is the labelled price of the book?I. Cost price of the book is Rs. 790.II. Selling price after offering 4% discount on the labelled price is 120% of cost price..III. Profit earned would have been 30%; if no discount was offered.a)Only Ib)Only IIc)II and IIId)I and IIIe)Either II or I and IIICorrect answer is option 'B'. Can you explain this answer?, a detailed solution for Direction: In these questions, a question is given followed by information in three statements. You have to consider the information in all the three statements and decide the information in which of the statements is not necessarily required to answer the question and therefore can be dispensed with. Indicate your answer accordingly.What is the labelled price of the book?I. Cost price of the book is Rs. 790.II. Selling price after offering 4% discount on the labelled price is 120% of cost price..III. Profit earned would have been 30%; if no discount was offered.a)Only Ib)Only IIc)II and IIId)I and IIIe)Either II or I and IIICorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of Direction: In these questions, a question is given followed by information in three statements. You have to consider the information in all the three statements and decide the information in which of the statements is not necessarily required to answer the question and therefore can be dispensed with. Indicate your answer accordingly.What is the labelled price of the book?I. Cost price of the book is Rs. 790.II. Selling price after offering 4% discount on the labelled price is 120% of cost price..III. Profit earned would have been 30%; if no discount was offered.a)Only Ib)Only IIc)II and IIId)I and IIIe)Either II or I and IIICorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Direction: In these questions, a question is given followed by information in three statements. You have to consider the information in all the three statements and decide the information in which of the statements is not necessarily required to answer the question and therefore can be dispensed with. Indicate your answer accordingly.What is the labelled price of the book?I. Cost price of the book is Rs. 790.II. Selling price after offering 4% discount on the labelled price is 120% of cost price..III. Profit earned would have been 30%; if no discount was offered.a)Only Ib)Only IIc)II and IIId)I and IIIe)Either II or I and IIICorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice Banking Exams tests.
|
|
Explore Courses for Banking Exams exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup