Mathematics · Data Sufficiency
The question given below is followed by two statements numbered I and II. Decide whether the data provided in the statements are sufficient to answer the question. Question: What is the total annual budget of the firm QuickTrans? Statement I: QuickTrans allocates 75% of its annual budget to operating expenses and saves the remaining budget as reserves. Statement II: It allocates 40% of total operating expenses for fuel and the remaining Rs. 1,80,000 for maintenance and salaries.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Statement I alone is sufficient to answer the question, while Statement II alone is not sufficient.
- 2Statement II alone is sufficient to answer the question, while Statement I alone is not sufficient.
- 3Either Statement I alone or Statement II alone is sufficient to answer the question.
- 4Both Statements I and II together are necessary to answer the question.✓
Correct answer
Both Statements I and II together are necessary to answer the question.
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