Data Sufficiency Practice Test 3

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Directions: Each of the questions below consist of a question and two statements numbered I and II given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. Read both the statements and give your answers:
(A) If the data in Statement I alone are sufficient to answer the questions, while the data in Statement II alone are not sufficient to answer the question.
(B) If the data in Statement II alone are sufficient to answer the question, while the data in Statement I alone are not sufficient to answer the question.
(C) If the data in Statement I alone or in Statement II alone are sufficient to answer the question.
(D) If the data in both the Statements I and II are not sufficient to answer the question.
(E) If the data in both the Statements I and II together are necessary to answer the question.
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Question : 7 of 35
 
Marks: +1, -0
What was the per cent profit/loss made/incurred by selling an article for Rs 24,000?
I. The ratio between the selling price and the cost price of the article is 5 : 2 respectively.
II. The difference between the cost price and the selling price is Rs 9,600.
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