Mathematics · Data Sufficiency
Each of the options below provides logical sufficiency conditions. Determine which statement is sufficient to answer the question: An artisan sells a custom chair with 20% profit. How much profit has he earned? Statement I: The marked price of the chair is Rs 6,000 and he gives a 15% discount while selling the chair. Statement II: If the selling price were Rs 500 more, then his profit would be 30%.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The data in Statement I alone are sufficient to answer the question, while the data in Statement II alone are not sufficient.
- 2The data in Statement II alone are sufficient to answer the question, while the data in Statement I alone are not sufficient.
- 3The data either in Statement I alone or in Statement II alone are sufficient to answer the question.✓
- 4The data in both Statements I and II together are not sufficient to answer the question.
Correct answer
The data either in Statement I alone or in Statement II alone are sufficient to answer the question.
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