Multiple choice

The question given below contains two statements giving certain data. You have to decide whether the data given in the statements are sufficient for answering the question? Mark answer Find the profit percent of shopkeeper- I-On selling 15 articles he gets a profit equals to discount given by him on purchase of 30 articles. II-He sells item at cost price but uses a false weight of 4500 grams instead of 4.8 Kg.

  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 statement together are sufficient, but neither statement alone is sufficient
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Statement I compares profit to discount but doesn't give any concrete values or relationships. Without knowing the discount percentage or markup, we cannot determine profit percent. Statement I is insufficient. Statement II: The shopkeeper uses false weight of 4500 grams instead of 4800 grams (4.8 kg). This means he gives only 4500/4800 = 0.9375 or 93.75% of the promised quantity while charging for 100%. The profit is (4800 - 4500)/4500 = 300/4500 = 6.67%. Statement II alone is sufficient.

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