Multiple choice

The questions given below contain two statements giving certain data. You have to decide whether the data given in the statements are sufficient for answering the question? What is the profit earned by selling a laptop for Rs.26,250? Statement (I): The cost price of 5 laptops is equal to the selling price of 4 laptops. Statement (II): 25% profit earned by selling each laptop.

  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
D Correct answer
Explanation

Statement I gives CP of 5 laptops = SP of 4 laptops, so SP/CP = 5/4, meaning 25% profit. But we only know SP = Rs. 26,250, which is insufficient to find the profit amount without knowing CP. Statement II directly states 25% profit, but again doesn't give CP. Even together, we cannot determine CP from the given data, so profit amount cannot be calculated.

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