Banking Exams Exam  >  Banking Exams Questions  >   Directions: Each of the questions given belo... Start Learning for Free
Directions: Each of the questions given below consists of a question and 2 statements numbered I and II. You have to decide whether the data is sufficient to answer the question. Read both Statements carefully and then answer the questions.
What will be the selling price of the dishwasher to make a profit of 25%?
Statement I. An electronic shop dealer marks dishwasher machine 80% above the cost price and after allowing a discount of 25% he claims a profit of Rs. 3500.
Statement II. A shopkeeper sold the dishwasher machine for Rs. 15000 on one condition that the shopkeeper should pay the transportation cost of the machine of Rs. 2000 and he gets a profit of 25%.
  • a)
    The data in statement I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question.
  • b)
    The data in statement II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the question.
  • c)
    The data in statement I alone or in statement II alone is sufficient to answer the question.
  • d)
    The data in both statements I and II are not sufficient to answer the question.
  • e)
    The data in both statements I and II together are necessary to answer the question.
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Directions: Each of the questions given below consists of a question ...
Calculation
From statement I:
Let the cost price of the machine be x
Then the marked price of the machine
⇒ x + 80 / 100 × x = 1.8x
⇒ S.P = 1.8x × (100 - 25) / 100 = 1.35x
Now, Profit = 1.35x - x
⇒ Profit = 0.35x
But,
0.35x = 3500
X = 10000
So, C.P = 10,000
⇒ S.P = 125 / 100 × 10000 = 12500
∴ Statement I alone is sufficient.
From Statement II:
Let the cost price of the machine be x
∴ C.P after transportation = x + 2000
Then,
⇒ (x + 2000) / 15000 = 100 / 125
⇒ x + 2000 = 12000
⇒ x = 10000
So, C.P = 10,000
⇒ S.P = 125 / 100 × 10000 = 12500
∴ Statement II alone is sufficient.
Explore Courses for Banking Exams exam
Directions: Each of the questions given below consists of a question and 2 statements numbered I and II. You have to decide whether the data is sufficient to answer the question. Read both Statements carefully and then answer the questions.What will be the selling price of the dishwasher to make a profit of 25%?Statement I. An electronic shop dealer marks dishwasher machine 80% above the cost price and after allowing a discount of 25% he claims a profit of Rs. 3500.Statement II. A shopkeeper sold the dishwasher machine for Rs. 15000 on one condition that the shopkeeper should pay the transportation cost of the machine of Rs. 2000 and he gets a profit of 25%.a)The data in statement I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question.b)The data in statement II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the question.c)The data in statement I alone or in statement II alone is sufficient to answer the question.d)The data in both statements I and II are not sufficient to answer the question.e)The data in both statements I and II together are necessary to answer the question.Correct answer is option 'C'. Can you explain this answer?
Question Description
Directions: Each of the questions given below consists of a question and 2 statements numbered I and II. You have to decide whether the data is sufficient to answer the question. Read both Statements carefully and then answer the questions.What will be the selling price of the dishwasher to make a profit of 25%?Statement I. An electronic shop dealer marks dishwasher machine 80% above the cost price and after allowing a discount of 25% he claims a profit of Rs. 3500.Statement II. A shopkeeper sold the dishwasher machine for Rs. 15000 on one condition that the shopkeeper should pay the transportation cost of the machine of Rs. 2000 and he gets a profit of 25%.a)The data in statement I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question.b)The data in statement II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the question.c)The data in statement I alone or in statement II alone is sufficient to answer the question.d)The data in both statements I and II are not sufficient to answer the question.e)The data in both statements I and II together are necessary 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 Directions: Each of the questions given below consists of a question and 2 statements numbered I and II. You have to decide whether the data is sufficient to answer the question. Read both Statements carefully and then answer the questions.What will be the selling price of the dishwasher to make a profit of 25%?Statement I. An electronic shop dealer marks dishwasher machine 80% above the cost price and after allowing a discount of 25% he claims a profit of Rs. 3500.Statement II. A shopkeeper sold the dishwasher machine for Rs. 15000 on one condition that the shopkeeper should pay the transportation cost of the machine of Rs. 2000 and he gets a profit of 25%.a)The data in statement I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question.b)The data in statement II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the question.c)The data in statement I alone or in statement II alone is sufficient to answer the question.d)The data in both statements I and II are not sufficient to answer the question.e)The data in both statements I and II together are necessary 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 Directions: Each of the questions given below consists of a question and 2 statements numbered I and II. You have to decide whether the data is sufficient to answer the question. Read both Statements carefully and then answer the questions.What will be the selling price of the dishwasher to make a profit of 25%?Statement I. An electronic shop dealer marks dishwasher machine 80% above the cost price and after allowing a discount of 25% he claims a profit of Rs. 3500.Statement II. A shopkeeper sold the dishwasher machine for Rs. 15000 on one condition that the shopkeeper should pay the transportation cost of the machine of Rs. 2000 and he gets a profit of 25%.a)The data in statement I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question.b)The data in statement II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the question.c)The data in statement I alone or in statement II alone is sufficient to answer the question.d)The data in both statements I and II are not sufficient to answer the question.e)The data in both statements I and II together are necessary to answer the question.Correct answer is option 'C'. Can you explain this answer?.
Solutions for Directions: Each of the questions given below consists of a question and 2 statements numbered I and II. You have to decide whether the data is sufficient to answer the question. Read both Statements carefully and then answer the questions.What will be the selling price of the dishwasher to make a profit of 25%?Statement I. An electronic shop dealer marks dishwasher machine 80% above the cost price and after allowing a discount of 25% he claims a profit of Rs. 3500.Statement II. A shopkeeper sold the dishwasher machine for Rs. 15000 on one condition that the shopkeeper should pay the transportation cost of the machine of Rs. 2000 and he gets a profit of 25%.a)The data in statement I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question.b)The data in statement II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the question.c)The data in statement I alone or in statement II alone is sufficient to answer the question.d)The data in both statements I and II are not sufficient to answer the question.e)The data in both statements I and II together are necessary 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.
Here you can find the meaning of Directions: Each of the questions given below consists of a question and 2 statements numbered I and II. You have to decide whether the data is sufficient to answer the question. Read both Statements carefully and then answer the questions.What will be the selling price of the dishwasher to make a profit of 25%?Statement I. An electronic shop dealer marks dishwasher machine 80% above the cost price and after allowing a discount of 25% he claims a profit of Rs. 3500.Statement II. A shopkeeper sold the dishwasher machine for Rs. 15000 on one condition that the shopkeeper should pay the transportation cost of the machine of Rs. 2000 and he gets a profit of 25%.a)The data in statement I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question.b)The data in statement II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the question.c)The data in statement I alone or in statement II alone is sufficient to answer the question.d)The data in both statements I and II are not sufficient to answer the question.e)The data in both statements I and II together are necessary to answer the question.Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Directions: Each of the questions given below consists of a question and 2 statements numbered I and II. You have to decide whether the data is sufficient to answer the question. Read both Statements carefully and then answer the questions.What will be the selling price of the dishwasher to make a profit of 25%?Statement I. An electronic shop dealer marks dishwasher machine 80% above the cost price and after allowing a discount of 25% he claims a profit of Rs. 3500.Statement II. A shopkeeper sold the dishwasher machine for Rs. 15000 on one condition that the shopkeeper should pay the transportation cost of the machine of Rs. 2000 and he gets a profit of 25%.a)The data in statement I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question.b)The data in statement II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the question.c)The data in statement I alone or in statement II alone is sufficient to answer the question.d)The data in both statements I and II are not sufficient to answer the question.e)The data in both statements I and II together are necessary to answer the question.Correct answer is option 'C'. Can you explain this answer?, a detailed solution for Directions: Each of the questions given below consists of a question and 2 statements numbered I and II. You have to decide whether the data is sufficient to answer the question. Read both Statements carefully and then answer the questions.What will be the selling price of the dishwasher to make a profit of 25%?Statement I. An electronic shop dealer marks dishwasher machine 80% above the cost price and after allowing a discount of 25% he claims a profit of Rs. 3500.Statement II. A shopkeeper sold the dishwasher machine for Rs. 15000 on one condition that the shopkeeper should pay the transportation cost of the machine of Rs. 2000 and he gets a profit of 25%.a)The data in statement I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question.b)The data in statement II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the question.c)The data in statement I alone or in statement II alone is sufficient to answer the question.d)The data in both statements I and II are not sufficient to answer the question.e)The data in both statements I and II together are necessary to answer the question.Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of Directions: Each of the questions given below consists of a question and 2 statements numbered I and II. You have to decide whether the data is sufficient to answer the question. Read both Statements carefully and then answer the questions.What will be the selling price of the dishwasher to make a profit of 25%?Statement I. An electronic shop dealer marks dishwasher machine 80% above the cost price and after allowing a discount of 25% he claims a profit of Rs. 3500.Statement II. A shopkeeper sold the dishwasher machine for Rs. 15000 on one condition that the shopkeeper should pay the transportation cost of the machine of Rs. 2000 and he gets a profit of 25%.a)The data in statement I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question.b)The data in statement II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the question.c)The data in statement I alone or in statement II alone is sufficient to answer the question.d)The data in both statements I and II are not sufficient to answer the question.e)The data in both statements I and II together are necessary 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 Directions: Each of the questions given below consists of a question and 2 statements numbered I and II. You have to decide whether the data is sufficient to answer the question. Read both Statements carefully and then answer the questions.What will be the selling price of the dishwasher to make a profit of 25%?Statement I. An electronic shop dealer marks dishwasher machine 80% above the cost price and after allowing a discount of 25% he claims a profit of Rs. 3500.Statement II. A shopkeeper sold the dishwasher machine for Rs. 15000 on one condition that the shopkeeper should pay the transportation cost of the machine of Rs. 2000 and he gets a profit of 25%.a)The data in statement I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question.b)The data in statement II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the question.c)The data in statement I alone or in statement II alone is sufficient to answer the question.d)The data in both statements I and II are not sufficient to answer the question.e)The data in both statements I and II together are necessary to answer the question.Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice Banking Exams tests.
Explore Courses for Banking Exams exam

Top Courses for Banking Exams

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