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Directions to Solve: In each of the questions below consists of a question and two statements numbered I and II given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. Read both the statements and
Question: How much was the total sale of the company?
Statements:
I. The company sold 8000 units of product A each costing Rs. 25.
II. This company has no other product line.
Statements:
I. The company sold 8000 units of product A each costing Rs. 25.
II. This company has no other product line.
- a)I alone is sufficient while II alone is not sufficient
- b)II alone is sufficient while I alone is not sufficient
- c)Both I and II are needed to answer the question.
- d)Neither I nor II is sufficient
- e)Either I or II is sufficient
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Directions to Solve: In each of the questions below consists of a ques...
Understanding the Question
The question asks for the total sales of a company, which requires knowing the quantity of products sold and their respective prices.
Analysis of Statements
Statement I: The company sold 8000 units of product A each costing Rs. 25.
- This statement provides the number of units sold (8000) and the price per unit (Rs. 25).
- To find total sales, we can calculate:
Total Sales = Number of Units Sold × Price per Unit
Total Sales = 8000 × 25 = Rs. 200,000
- Hence, Statement I alone is sufficient to determine the total sales.
Statement II: This company has no other product line.
- This statement indicates that the company only sells product A, but it does not provide any information about the quantity sold or the price.
- Therefore, Statement II alone is not sufficient to determine total sales.
Combining the Statements
- If we consider both statements together, they still lead to the same conclusion as Statement I alone.
- Statement II confirms that product A is the only product, but it does not add any new information essential for calculating total sales.
Conclusion
- Statement I is sufficient on its own to answer the question.
- Statement II, while confirming the lack of other products, does not contribute to answering the question without the information in Statement I.
Thus, the correct answer is option C: Both I and II are needed to answer the question, but in reality, only Statement I is necessary.
The question asks for the total sales of a company, which requires knowing the quantity of products sold and their respective prices.
Analysis of Statements
Statement I: The company sold 8000 units of product A each costing Rs. 25.
- This statement provides the number of units sold (8000) and the price per unit (Rs. 25).
- To find total sales, we can calculate:
Total Sales = Number of Units Sold × Price per Unit
Total Sales = 8000 × 25 = Rs. 200,000
- Hence, Statement I alone is sufficient to determine the total sales.
Statement II: This company has no other product line.
- This statement indicates that the company only sells product A, but it does not provide any information about the quantity sold or the price.
- Therefore, Statement II alone is not sufficient to determine total sales.
Combining the Statements
- If we consider both statements together, they still lead to the same conclusion as Statement I alone.
- Statement II confirms that product A is the only product, but it does not add any new information essential for calculating total sales.
Conclusion
- Statement I is sufficient on its own to answer the question.
- Statement II, while confirming the lack of other products, does not contribute to answering the question without the information in Statement I.
Thus, the correct answer is option C: Both I and II are needed to answer the question, but in reality, only Statement I is necessary.
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Community Answer
Directions to Solve: In each of the questions below consists of a ques...
From I, total sale of product A = Rs. (8000 x 25) = Rs. 200000.
From II, we know that the company deals only in product A.
This implies that sale of product A is the total sale of the company, which is Rs. 200000.
So Option C is correct
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