AP ICET 2016 Paper

Question : 15 of 200

Marks: +1, -0

How much is the loss?
I. The cost price is ? 300.
II. The loss is 25% of the selling price.

if the statement 1 alone is sufficient to answer the question.
if the statement II alone is sufficient to answer the question.
if both the statements I and II are sufficient to answer the question but neither statement alone is sufficient.
if both the statements I and II together are not sufficient to answer the question and additional data is required.

Solution:

I. Given : C.P = Rs. 300.
It gives no information about S.P or % loss.
∴ I alone is not sufficient.
II. Given : Loss = 25 % of S.P
Since S.P is not given, loss can’t be determined.
∴ II alone is not sufficient.
I & II. C.P – S.P = 25% of SP

=\SP/4

C.P=5/4

S.P⇒S.P

=4/5×300=\Rs.240

⇒ Loss

=300–240=\Rs.60.

∴ I & II together are sufficient.

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