Mathematics · Profit and Loss
The question given below is followed by two statements, I and II. Which of the following statement(s) is/are required to answer the given question? The ratio of the cost prices of articles A and B is 4:5 respectively. Each of the articles was sold at a 25% discount on the marked price. Find the selling price of article B. Statement I: The marked prices of articles A and B are the same. Statement II: Article A was sold at a profit of 40% and article B was sold at a profit of Rs. 420.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both Statement I and Statement II together are sufficient.✓
- 2Either Statement I or Statement II alone is sufficient.
- 3Statement II alone is sufficient.
- 4Statement I alone is sufficient.
Correct answer
Both Statement I and Statement II together are sufficient.
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