Multiple choice

How many articles were sold? I. Total profit earned was Rs. 1,596/-. II. Cost-price per article was Rs. 632/-. III. Selling price per article was Rs. 765/-.

  1. II and III only

  2. I and II only

  3. All I, II and III

  4. Any two of the three

  5. Question cannot be answered even with the information in all three statements

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Profit per article = Selling price - Cost price = 765 - 632 = Rs. 133. Total profit = Rs. 1596. Number of articles = Total profit / Profit per article = 1596/133 = 12. We need all three values: total profit (I), cost price (II), and selling price (III) to calculate the profit per article and then divide into total profit. Any two alone are insufficient.