General Studies · Data Sufficiency
Each question below consists of a question and three statements numbered I, II, and III. You have to decide whether the data provided in the statements are sufficient to answer the question. What is the percentage profit earned by a shopkeeper on selling the articles in his shop? I. The labeled price of the articles sold was 130% of the cost price. II. The cost price of each article was Rs. 550. III. A discount of 10% on the labeled price was offered.
- 1Both I and III together are sufficient✓
- 2Only I is sufficient
- 3Only II is sufficient
- 4Only III is sufficient
Correct answer
Both I and III together are sufficient
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