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Overview
Important Formulas
Exercise
General Questions Data Sufficiency 1 Data Sufficiency 2 Data Sufficiency 3 Data Sufficiency 4 "In the middle of difficulty lies opportunity." - Albert Einstein
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95 19x Then, S.P. = 95% of Rs. x = Rs. x x = Rs. 100 20 II. When S.P. = Rs. x and gain = 20%. Then, C.P. = Rs. Gain = 100 5x x x = Rs. 120 6
Gain % =
Thus, I and II only give the answer. Correct answer is (A). View Answer Workspace Report Discuss in Forum 2. What was the percentage of discount given? I. 23.5% profit was earned by selling an almirah for Rs. 12,350. II. If there were no discount, the earned profit would have been 30%. III. The cost price of the almirah was Rs. 10,000. A. Only I and II B. Only II and III C. Only I and III D. Any two of the three E. None of these Answer & Explanation Answer: Option E Explanation: I. S.P. = Rs. 12350, Gain = 23.5% C.P. = Rs. 100 x 12350 = Rs. 10,000. 123.5
II. M.P. = 130% of C.P. = 130% of Rs. 10,000 = Rs. 13,000. From I and II, discount = Rs. (13000 - 12350) = Rs. 650. Discount % = 650 x 100 13000 % = 5%.
Thus, I and II give the answer. II and III can not give the answer. Because we require profit percentage with discount and profit percentage without discount. So II and III are not sufficient. Since III gives C.P. = Rs. 10,000, I and III give the answer. Therefore, I and II [or] I and III give the answer. Correct answer is (E). View Answer Workspace Report Discuss in Forum
Read more: Profit and Loss - Important Formulas Profit and Loss - Data Sufficiency 4
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