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Arithmetic Aptitude :: Profit and Loss

Directions To Solve

Each of the questions given below consists of a statement and / or a question and two statements numbered I and II given below it. You have to decide whether the data provided in the statement(s) is / are sufficient to answer the given question. Read the both statements and

  • Give answer (A) if the data in Statement I alone are sufficient to answer the question, while the data in Statement II alone are not sufficient to answer the question.
  • Give answer (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.
  • Give answer (C) if the data either in Statement I or in Statement II alone are sufficient to answer the question.
  • Give answer (D) if the data even in both Statements I and II together are not sufficient to answer the question.
  • Give answer(E) if the data in both Statements I and II together are necessary to answer the question.

  1. A man mixes two types of rice (X and Y) and sells the mixture at the rate of Rs. 17 per kg. Find his profit percentage.

    I. 

    The rate of X is Rs. 20 per kg.

     II. 

    The rate of Y is Rs. 13 per kg.

  2. A.
    I alone sufficient while II alone not sufficient to answer
    B.
    II alone sufficient while I alone not sufficient to answer
    C.

    Either I or II alone sufficient to answer

    D.

    Both I and II are not sufficient to answer

    E.

    Both I and II are necessary to answer

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  3.  By selling a product with 20% profit, how much profit was earned?

    I.The difference between cost and selling price is Rs. 40.

    II.The selling price is 120 percent of the cost price.

  4. A.

    I alone sufficient while II alone not sufficient to answer

    B.

    II alone sufficient while I alone not sufficient to answer

    C.
    Either I or II alone sufficient to answer
    D.

    Both I and II are not sufficient to answer

    E.

    Both I and II are necessary to answer

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