Multiple choice

Directions: In the following problem, a question is followed by three statements numbered (I), (II), and (III). Read the statements carefully and determine which of the given statements is/are sufficient/necessary to answer the question. Ajay purchased 144 eggs to sell at his shop. What was his gain percentage? I. Cost price of eggs was Rs. 15 per dozen and selling price was Rs. 1.50 per egg. II. Out of 144 eggs, 10 eggs broke during handling. III. He sold every egg at a price Rs. 0.25 more than the cost price.

  1. Only statements I and II

  2. Only statements II and III

  3. Only statement II and either statement I or statement III

  4. All three statements

  5. None of the statements
Reveal answer Fill a bubble to check yourself
A Correct answer
AI explanation

Statement I provides the cost price per dozen as Rs. 15 (Rs. 1.25 per egg) and the selling price per egg as Rs. 1.50. Statement II is necessary because it reveals that 10 eggs broke, meaning only 134 eggs were sold. Using both statements together, the total cost is 144 * 1.25 = Rs. 180 and the total revenue is 134 * 1.50 = Rs. 201, allowing the calculation of the gain percentage.

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