Question

The questions below consists of a question and three statements numbered I, II and II given below it. You have to study the questions and decide that the data in which of the statements are sufficient to answer the questions.
What is the per cent profit earned by a shopkeeper on selling the articles in his shop?
I. Labelled price of the articles sold was 130$\%$ of the cost price.
II. Cost price of each article was Rs. 550.
III. A discount of 10$\%$ on labelled price was offered.

• A. Only III
• B. Only II
• C. Only I
• D. All the three are required.

Answer 1

Answer: (D)

All the three are required.

Answer 2

The correct option is (D): All the three are required.