Multiple choice

Each question below is followed by two statements I and II. You are to determine whether the data given in the statement is sufficient to answer the question. You should use the data and your knowledge of Mathematics to choose between the possible answers. Give answer- (1) If the question can be answered by using statement I alone but cannot be answered by statement II alone. (2) If the question can be answered by using statement II alone but cannot be answered by statement I alone. (3) If both statements I and II together are required to answer the question. (4) If the answer can be found by using any of the two statements alone. (5) If both the statements together are not sufficient to answer the question. A man sells TV sets at profit of 20%. How much total amount he gains in profit? I. He sells 20 TV set. II. He sells each TV set at Rs 12000.

  1. 1

  2. 2

  3. 3

  4. 4

  5. 5

Reveal answer Fill a bubble to check yourself
C Correct answer
AI explanation

To find the total profit amount, you must multiply the profit per TV set by the total number of TV sets sold. Using both statements, we know 20 TV sets are sold and the selling price per TV is Rs 12000, which allows us to find the total selling price as Rs 240000. Applying the 20% profit margin to the selling price gives a total profit of Rs 40000. Because neither statement provides enough information independently, both statements I and II together are required to answer the question.