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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 mark the appreciate answer.


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.

  • 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?
Verified 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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Directions to Solve: In each of the questions below consists of a ques...
Understanding the Question
The question asks for the total sale of the company, which requires knowing both the quantity sold and the price.
Evaluating Statement I
- Statement I states that the company sold 8000 units of product A, each costing Rs. 25.
- To find the total sale from this information, we can calculate:
Total Sale = Number of Units Sold × Cost per Unit
= 8000 units × Rs. 25 = Rs. 200,000.
Thus, Statement I alone is sufficient to determine the total sale.
Evaluating Statement II
- Statement II indicates that this company has no other product line.
- While it confirms that product A is the only product sold, it does not provide information on the quantity sold or the price.
Therefore, Statement II alone is not sufficient to answer the question.
Combining Statements I and II
- Both statements together do not add any new information beyond what is already provided in Statement I.
- Since Statement I already gives us enough information to calculate the total sales, the combination confirms that the company's total sales come exclusively from product A.
Conclusion
- The total sale can be accurately calculated using Statement I alone.
- Statement II reinforces the context but is not necessary for the calculation.
Thus, the correct choice is option 'C': Both I and II are needed to answer the question.
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Community Answer
Directions to Solve: In each of the questions below consists of a ques...
Correct answer is E
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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 mark the appreciate answer.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.a)I alone is sufficient while II alone is not sufficientb)II alone is sufficient while I alone is not sufficientc)Both I and II are needed to answer the questiond)Neither I nor II is sufficiente)Either I or II is sufficientCorrect answer is option 'C'. Can you explain this answer?
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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 mark the appreciate answer.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.a)I alone is sufficient while II alone is not sufficientb)II alone is sufficient while I alone is not sufficientc)Both I and II are needed to answer the questiond)Neither I nor II is sufficiente)Either I or II is sufficientCorrect answer is option 'C'. Can you explain this answer? for LR 2024 is part of LR preparation. The Question and answers have been prepared according to the LR exam syllabus. Information about 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 mark the appreciate answer.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.a)I alone is sufficient while II alone is not sufficientb)II alone is sufficient while I alone is not sufficientc)Both I and II are needed to answer the questiond)Neither I nor II is sufficiente)Either I or II is sufficientCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for LR 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 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 mark the appreciate answer.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.a)I alone is sufficient while II alone is not sufficientb)II alone is sufficient while I alone is not sufficientc)Both I and II are needed to answer the questiond)Neither I nor II is sufficiente)Either I or II is sufficientCorrect answer is option 'C'. Can you explain this answer?.
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