Data Sufficiency Question 25

Directions : In each of the following questions, a question and three statements following it have been given. You are required to study the question and statements and decide that the information given in which statement(s) is necessary to answer the question?

(Corporation Bank Specialist Officer (Marketing) Exam 22.02.2014)

  1. What percent of discount is offered?

I. The profit earned on an article sold for ₹ 252 after discount is ₹ 52.

II. If no discount were allowed, there would have been a profit of ₹ 80 .

III. If there were no discount, there would have been a gain of 40%.

(1) I and II.

(2) II and either I or III

(3) I and III

(4) I and II or III

(5) None of these

Show Answer

Correct Answer: 25. (4)

Solution: 25. (4) From statements I and II,

C.P. of article $=200$

$=₹ 200$

Discount $=280-252=₹28$

Marked price ₹=₹ 280

$\therefore 280 \times \frac{x}{100}=28$

$\Rightarrow x=10 %$

Statement I and III will also give the same result.