Multiple choice

Directions: The following questions are accompanied by three statements A, B and C. You have to determine which statement(s) is/are sufficient necessary to answer the questions and mark your answer accordingly. Trader bought two markers A and B at different cost prices and sold at different selling prices. By selling 1 marker of both type A and B, whether the trader is in profit or in loss? (A) Cost price of 3 items of A is equal to selling price of 4 items of B and cost price of 5 item of B is equal to selling price of 6 item of A. (B) Trader earns 25% profit on selling 2 items of A and 50% loss on selling 10 articles of B and Cost price of 3 items of A is equal to selling price of 4 items of B. (C) Profit earn by selling 3 items of A is equal to loss occurs on selling 1 items of B.

  1. Any two of them

  2. A or B only

  3. B or C only

  4. Any one of them

  5. Either B Or A and C together
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

To determine profit or loss, we need the relationship between CP and SP for both items. Statement A provides relationships between CP and SP that allow calculating the net result. Statements B and C also provide sufficient information to determine the profit/loss status. Thus, any one of them is sufficient.

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