What is the ratio between the marked price of two identical items, A and B, which had been purchased at the same price ? I. Item A was sold at a profit of 20%, while item B was sold at a loss of 10%. II. Item A was sold at a discount of 16 2/ 3%. The percentage by which item B’s cost price had been marked up is the same as the profit% earned on selling item A. III. The overall profit earned on selling items A and B was Rs. 576.

Correct Answer is : Only I and II

Question cannot be answered even with the information in all three statements.

RBI Grade B Officers 2016 Sep shift 1 Paper

Question : 125 of 199

Marks: +1, -0

What is the ratio between the marked price of two identical items, A and B, which had been purchased at the same price ?
I. Item A was sold at a profit of 20%, while item B was sold at a loss of 10%.
II. Item A was sold at a discount of 16

%. The percentage by which item B’s cost price had been marked up is the same as the profit% earned on selling item A.
III. The overall profit earned on selling items A and B was Rs. 576.

Any two of the three
Only II and III
All I, II and III
Question cannot be answered even with the information in all three statements.
Only I and II

Validate

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