Question
Logical Reasoning Question on Statements and Conclusions
Choose the inference that can be inferred from the given statement by selecting the right option
Statement:
Cost of an article is first increased by 10% and then decreased by 10%.
Inferences:
I. The final cost is lesser than the original cost.
II. The final cost is same as the original cost.
A
Only inference I follows
B
Only inference II follows
C
Both inferences I and II follow
D
Neither inference I nor inference II follows
Answer
Only inference I follows
Explanation
Solution
The correct answer is (A): Only inference I follows