Multiple choice

On selling an article after allowing 20% discount on the marked price the profit percent is 10%. What is the cost price of the article? I. The given discount is Rs. 600. II. The marked price is Rs. 2000.

  1. If statement I alone is sufficient but statement II alone is not sufficient.

  2. If statement II alone is sufficient but statement I alone is not sufficient.

  3. If each statement alone (either I or II) is sufficient.

  4. If statement I and II together are not sufficient.

  5. If both statements I and II together are sufficient, but neither statement alone is sufficient.
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Statement I: 20% of MP = 600, so MP = 3000. With 10% profit at 20% discount, CP = MP × 0.9/1.2. Statement II: MP = 2000 directly, allowing the same CP calculation. Each statement alone determines CP.

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