Banking Exams Exam  >  Banking Exams Questions  >   Directions: The following question is accomp... Start Learning for Free
Directions: The following question is accompanied by three statements (I), (II), and (III). You have to determine which statements(s) is/are sufficient/necessary to answer the questions.
A shopkeeper sold two articles P and Q to a customer. In this transaction, the shopkeeper made neither profit nor loss. Find the cost price of article Q.
I. The profit percentage on article P is . The loss percent on article Q is
II. The selling price of the article P and Q are equal.
III. The total selling price of two articles P and Q is ? 5000
  • a)
    Both I and III
  • b)
    Both I and II
  • c)
    III and either I or II only
  • d)
    All the three statements
  • e)
    Any of the three statements
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Directions: The following question is accompanied by three statements...
Given
The shopkeeper made neither profit nor loss
Formula used:
Profit = Selling price – Cost price
Loss = Cost price – Selling price
Profit percentage = (Profit/Cost price) × 100
Loss percentage = (Loss/Cost price) × 100
Calculation:
Statement I:
Explore Courses for Banking Exams exam

Similar Banking Exams Doubts

Directions: The following question is accompanied by three statements (I), (II), and (III). You have to determine which statements(s) is/are sufficient/necessary to answer the questions.A shopkeeper sold two articles P and Q to a customer. In this transaction, the shopkeeper made neither profit nor loss. Find the cost price of article Q.I. The profit percentage on article P is . The loss percent on article Q is II. The selling price of the article P and Q are equal.III. The total selling price of two articles P and Q is ? 5000a)Both I and IIIb)Both I and IIc)III and either I or II onlyd)All the three statementse)Any of the three statementsCorrect answer is option 'A'. Can you explain this answer?
Question Description
Directions: The following question is accompanied by three statements (I), (II), and (III). You have to determine which statements(s) is/are sufficient/necessary to answer the questions.A shopkeeper sold two articles P and Q to a customer. In this transaction, the shopkeeper made neither profit nor loss. Find the cost price of article Q.I. The profit percentage on article P is . The loss percent on article Q is II. The selling price of the article P and Q are equal.III. The total selling price of two articles P and Q is ? 5000a)Both I and IIIb)Both I and IIc)III and either I or II onlyd)All the three statementse)Any of the three statementsCorrect answer is option 'A'. 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: The following question is accompanied by three statements (I), (II), and (III). You have to determine which statements(s) is/are sufficient/necessary to answer the questions.A shopkeeper sold two articles P and Q to a customer. In this transaction, the shopkeeper made neither profit nor loss. Find the cost price of article Q.I. The profit percentage on article P is . The loss percent on article Q is II. The selling price of the article P and Q are equal.III. The total selling price of two articles P and Q is ? 5000a)Both I and IIIb)Both I and IIc)III and either I or II onlyd)All the three statementse)Any of the three statementsCorrect answer is option 'A'. 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: The following question is accompanied by three statements (I), (II), and (III). You have to determine which statements(s) is/are sufficient/necessary to answer the questions.A shopkeeper sold two articles P and Q to a customer. In this transaction, the shopkeeper made neither profit nor loss. Find the cost price of article Q.I. The profit percentage on article P is . The loss percent on article Q is II. The selling price of the article P and Q are equal.III. The total selling price of two articles P and Q is ? 5000a)Both I and IIIb)Both I and IIc)III and either I or II onlyd)All the three statementse)Any of the three statementsCorrect answer is option 'A'. Can you explain this answer?.
Solutions for Directions: The following question is accompanied by three statements (I), (II), and (III). You have to determine which statements(s) is/are sufficient/necessary to answer the questions.A shopkeeper sold two articles P and Q to a customer. In this transaction, the shopkeeper made neither profit nor loss. Find the cost price of article Q.I. The profit percentage on article P is . The loss percent on article Q is II. The selling price of the article P and Q are equal.III. The total selling price of two articles P and Q is ? 5000a)Both I and IIIb)Both I and IIc)III and either I or II onlyd)All the three statementse)Any of the three statementsCorrect answer is option 'A'. 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: The following question is accompanied by three statements (I), (II), and (III). You have to determine which statements(s) is/are sufficient/necessary to answer the questions.A shopkeeper sold two articles P and Q to a customer. In this transaction, the shopkeeper made neither profit nor loss. Find the cost price of article Q.I. The profit percentage on article P is . The loss percent on article Q is II. The selling price of the article P and Q are equal.III. The total selling price of two articles P and Q is ? 5000a)Both I and IIIb)Both I and IIc)III and either I or II onlyd)All the three statementse)Any of the three statementsCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Directions: The following question is accompanied by three statements (I), (II), and (III). You have to determine which statements(s) is/are sufficient/necessary to answer the questions.A shopkeeper sold two articles P and Q to a customer. In this transaction, the shopkeeper made neither profit nor loss. Find the cost price of article Q.I. The profit percentage on article P is . The loss percent on article Q is II. The selling price of the article P and Q are equal.III. The total selling price of two articles P and Q is ? 5000a)Both I and IIIb)Both I and IIc)III and either I or II onlyd)All the three statementse)Any of the three statementsCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for Directions: The following question is accompanied by three statements (I), (II), and (III). You have to determine which statements(s) is/are sufficient/necessary to answer the questions.A shopkeeper sold two articles P and Q to a customer. In this transaction, the shopkeeper made neither profit nor loss. Find the cost price of article Q.I. The profit percentage on article P is . The loss percent on article Q is II. The selling price of the article P and Q are equal.III. The total selling price of two articles P and Q is ? 5000a)Both I and IIIb)Both I and IIc)III and either I or II onlyd)All the three statementse)Any of the three statementsCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of Directions: The following question is accompanied by three statements (I), (II), and (III). You have to determine which statements(s) is/are sufficient/necessary to answer the questions.A shopkeeper sold two articles P and Q to a customer. In this transaction, the shopkeeper made neither profit nor loss. Find the cost price of article Q.I. The profit percentage on article P is . The loss percent on article Q is II. The selling price of the article P and Q are equal.III. The total selling price of two articles P and Q is ? 5000a)Both I and IIIb)Both I and IIc)III and either I or II onlyd)All the three statementse)Any of the three statementsCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Directions: The following question is accompanied by three statements (I), (II), and (III). You have to determine which statements(s) is/are sufficient/necessary to answer the questions.A shopkeeper sold two articles P and Q to a customer. In this transaction, the shopkeeper made neither profit nor loss. Find the cost price of article Q.I. The profit percentage on article P is . The loss percent on article Q is II. The selling price of the article P and Q are equal.III. The total selling price of two articles P and Q is ? 5000a)Both I and IIIb)Both I and IIc)III and either I or II onlyd)All the three statementse)Any of the three statementsCorrect answer is option 'A'. 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