Question
Data Interpretation Question on Data Analysis
The question is followed by two statements numbered I and II. Mark answer as:
What is the cost of a book?
I.The selling price is 25% more than the cost price.
II. The seller makes a profit of Rs 100 on selling every lot of 5 books
A
statement I alone is sufficient to provide the answer.
B
statement II alone is sufficient to provide the answer.
C
both statements are required to provide the answer.
D
neither statement I nor II is sufficient to provide the answer
Answer
both statements are required to provide the answer.
Explanation
Solution
Statement I alone is not sufficient as it only gives the
ratio between C.P and S.P .
Statement II alone is not sufficient as it only gives profit.
But using both statements we can find the cost price of book.
So the correct option is (C)