[United India Insurance (AO) 2013] What is the profit earned by selling a printer for Rs. 3000? I. The cost price of 6 such printers is equal to selling price of 5 such printers. II. 20% profit is earned by selling each printer.
A) If the statement I alone is sufficient to answer the question but the statement II alone is not sufficient
B) If the statement II alone is sufficient to answer the question but the statement I alone is not sufficient
C) If both statements I and II together are needed to answer the question
D) If either the statement I alone or statement II alone is sufficient to answer the question
E) If you cannot get the answer from the statements I and II together but need even more data
Correct Answer: D
$ \therefore $ CP of 6 printers is Rs. 6 and SP of 5 printers is Rs. 6.
$ \therefore Gain $ % $ =\frac{1}{5}\times 100=20 $ % $ \because $ $ CP=\frac{100}{120}\times 3000=Rs.2500 $
$ \therefore $ $ Gain=Rs.(3000-2500)=Rs.500 $
BETA
