Directions: Each question is followed by three statements. You have to study the question and all the three statements given and decide whether any information provided in the statement(s) is redundant and can be dispensed with while answering the questions. A person purchases an article from a shop for Rs. 11640 and the shopkeeper bears some losses. How much amount was required by the wholesaler to purchase the article if the wholesaler directly sold the article to the shopkeeper? A. The difference between the C.P. of the shopkeeper and that of the person is Rs. 360. B. Cost price of shopkeeper is 50/3% less than that of wholesaler. C. The wholesaler earns a profit of 20%.

To find the wholesaler's purchase price from the given shopkeeper selling price of 11640 Rs, you must establish the shopkeeper's cost price and the profit or loss margin between the wholesaler and shopkeeper. Statement A provides the exact difference of 360 Rs to find the shopkeeper's cost price, which becomes 11640 minus 360, equaling 11280 Rs. Statement B states the shopkeeper's cost is 50/3% less than the wholesaler, providing the necessary proportional link to calculate the wholesaler's price, while statement C provides a direct 20% profit link. You need statement A to find the shopkeeper's base cost, and then either statement B or C to bridge that to the wholesaler's cost.

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