Profit and Loss Data Sufficiency 2 - Aptitude Questions and Answers

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Aptitude :: Profit and Loss

@ : Home > Aptitude > Profit and Loss > Data Sufficiency 2 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 Overview both statements and Important Formulas 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 Exercise question. Give answer (B) if the data in Statement II alone are sufficient to answer the General Questions question, while the data in Statement I alone are not sufficient to answer the Data Sufficiency 1 question. Data Sufficiency 2 Give answer (C) if the data either in Statement I or in Statement II alone are Data Sufficiency 3 sufficient to answer the question. Data Sufficiency 4 Give answer (D) if the data even in both Statements I and II together are not sufficient to answer the question. "I do not seek. I find." Give answer(E) if the data in both Statements I and II together are necessary to - Pablo Picasso answer the question.

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Profit and Loss Data Sufficiency 2 - Aptitude Questions and Answers

http://www.indiabix.com/aptitude/profit-and-loss/020001

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. 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 Answer & Explanation Answer: Option D Explanation: The ratio, in which X and Y are mixed, is not given. So, both I and II together cannot give the answer. Correct answer is (D). View Answer Workspace Report Discuss in Forum 2. 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. 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 Answer & Explanation Answer: Option A Explanation: Gain = 20% I. Profit = (S.P.) - (C.P.) = Rs. 40. Thus, I give the answer. But, II does not give the answer. Correct answer is (A). View Answer Workspace Report Discuss in Forum

Read more: Profit and Loss - Important Formulas Profit and Loss - Data Sufficiency 3 Profit and Loss - Data Sufficiency 4

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