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Direction: Each question below is followed by two statements I and II. You have to determine whether the data given in the statement is sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer.
Q. What is the profit% of the marker on selling price?
Statement I. The marker is marked 15% above the cost price.
Statement II. A discount of 4% is given and the cost price the marker is Rs. 250.
  • a)
    The statement I alone is sufficient to answer the question but, statement II alone is not sufficient.
  • b)
    The statement II alone is sufficient to answer the question but, statement I alone is not sufficient.
  • c)
    Both the statements I and II together are needed to answer the question.
  • d)
    Either statement I alone or statement II alone is sufficient to answer the question.
  • e)
    Neither statement I nor statement II is sufficient to answer the question.
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Direction: Each question below is followed by two statements I and II...
Statement I.
Relation between MRP and CP is given, but the CP is not given.
Statement I alone is not sufficient.
Statement II.
CP = Rs. 250
∴ The statement I and statement II both are needed to answer the question.
Hence, the correct option is (C).
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Community Answer
Direction: Each question below is followed by two statements I and II...
Statement Analysis:

Statement I:
- The marker is marked 15% above the cost price.
- This information alone does not provide the selling price or the discount offered, which are needed to calculate the profit%.

Statement II:
- A discount of 4% is given and the cost price of the marker is Rs. 250.
- This statement provides the cost price and the discount percentage, but it does not give the selling price directly.

Combined Analysis:
- By combining both statements, we can calculate the selling price using the information from Statement II.
- We can then use the selling price, cost price, and the formula for profit% on selling price to determine the profit%.
Therefore, both statements I and II together are needed to answer the question about the profit% of the marker on selling price.
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Direction: Each question below is followed by two statements I and II. You have to determine whether the data given in the statement is sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer.Q. What is the profit% of the marker on selling price?Statement I. The marker is marked 15% above the cost price.Statement II. A discount of 4% is given and the cost price the marker is Rs. 250.a)The statement I alone is sufficient to answer the question but, statement II alone is not sufficient.b)The statement II alone is sufficient to answer the question but, statement I alone is not sufficient.c)Both the statements I and II together are needed to answer the question.d)Either statement I alone or statement II alone is sufficient to answer the question.e)Neither statement I nor statement II is sufficient to answer the question.Correct answer is option 'C'. Can you explain this answer?
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Direction: Each question below is followed by two statements I and II. You have to determine whether the data given in the statement is sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer.Q. What is the profit% of the marker on selling price?Statement I. The marker is marked 15% above the cost price.Statement II. A discount of 4% is given and the cost price the marker is Rs. 250.a)The statement I alone is sufficient to answer the question but, statement II alone is not sufficient.b)The statement II alone is sufficient to answer the question but, statement I alone is not sufficient.c)Both the statements I and II together are needed to answer the question.d)Either statement I alone or statement II alone is sufficient to answer the question.e)Neither statement I nor statement II is sufficient 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 Direction: Each question below is followed by two statements I and II. You have to determine whether the data given in the statement is sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer.Q. What is the profit% of the marker on selling price?Statement I. The marker is marked 15% above the cost price.Statement II. A discount of 4% is given and the cost price the marker is Rs. 250.a)The statement I alone is sufficient to answer the question but, statement II alone is not sufficient.b)The statement II alone is sufficient to answer the question but, statement I alone is not sufficient.c)Both the statements I and II together are needed to answer the question.d)Either statement I alone or statement II alone is sufficient to answer the question.e)Neither statement I nor statement II is sufficient 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 Direction: Each question below is followed by two statements I and II. You have to determine whether the data given in the statement is sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer.Q. What is the profit% of the marker on selling price?Statement I. The marker is marked 15% above the cost price.Statement II. A discount of 4% is given and the cost price the marker is Rs. 250.a)The statement I alone is sufficient to answer the question but, statement II alone is not sufficient.b)The statement II alone is sufficient to answer the question but, statement I alone is not sufficient.c)Both the statements I and II together are needed to answer the question.d)Either statement I alone or statement II alone is sufficient to answer the question.e)Neither statement I nor statement II is sufficient to answer the question.Correct answer is option 'C'. Can you explain this answer?.
Solutions for Direction: Each question below is followed by two statements I and II. You have to determine whether the data given in the statement is sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer.Q. What is the profit% of the marker on selling price?Statement I. The marker is marked 15% above the cost price.Statement II. A discount of 4% is given and the cost price the marker is Rs. 250.a)The statement I alone is sufficient to answer the question but, statement II alone is not sufficient.b)The statement II alone is sufficient to answer the question but, statement I alone is not sufficient.c)Both the statements I and II together are needed to answer the question.d)Either statement I alone or statement II alone is sufficient to answer the question.e)Neither statement I nor statement II is sufficient 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.
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A discount of 4% is given and the cost price the marker is Rs. 250.a)The statement I alone is sufficient to answer the question but, statement II alone is not sufficient.b)The statement II alone is sufficient to answer the question but, statement I alone is not sufficient.c)Both the statements I and II together are needed to answer the question.d)Either statement I alone or statement II alone is sufficient to answer the question.e)Neither statement I nor statement II is sufficient to answer the question.Correct answer is option 'C'. Can you explain this answer?, a detailed solution for Direction: Each question below is followed by two statements I and II. You have to determine whether the data given in the statement is sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer.Q. What is the profit% of the marker on selling price?Statement I. The marker is marked 15% above the cost price.Statement II. A discount of 4% is given and the cost price the marker is Rs. 250.a)The statement I alone is sufficient to answer the question but, statement II alone is not sufficient.b)The statement II alone is sufficient to answer the question but, statement I alone is not sufficient.c)Both the statements I and II together are needed to answer the question.d)Either statement I alone or statement II alone is sufficient to answer the question.e)Neither statement I nor statement II is sufficient to answer the question.Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of Direction: Each question below is followed by two statements I and II. You have to determine whether the data given in the statement is sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer.Q. What is the profit% of the marker on selling price?Statement I. The marker is marked 15% above the cost price.Statement II. A discount of 4% is given and the cost price the marker is Rs. 250.a)The statement I alone is sufficient to answer the question but, statement II alone is not sufficient.b)The statement II alone is sufficient to answer the question but, statement I alone is not sufficient.c)Both the statements I and II together are needed to answer the question.d)Either statement I alone or statement II alone is sufficient to answer the question.e)Neither statement I nor statement II is sufficient 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 Direction: Each question below is followed by two statements I and II. You have to determine whether the data given in the statement is sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer.Q. What is the profit% of the marker on selling price?Statement I. The marker is marked 15% above the cost price.Statement II. A discount of 4% is given and the cost price the marker is Rs. 250.a)The statement I alone is sufficient to answer the question but, statement II alone is not sufficient.b)The statement II alone is sufficient to answer the question but, statement I alone is not sufficient.c)Both the statements I and II together are needed to answer the question.d)Either statement I alone or statement II alone is sufficient to answer the question.e)Neither statement I nor statement II is sufficient to answer the question.Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice Banking Exams tests.
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