Banking Quantitative Aptitude Sample Paper Quantitative Aptitude Sample Paper-11

  • question_answer
    Directions: These questions consist of a question and two statements I and II given below them. You have to decide whether the data provided in the statements are sufficient to answer the question. Read both the statements and choose the appropriate option,                          [LIC (AO) 2014]
    What is the marked price of the table which was sold at a discounted price?
    I. The marked price of the table is 40% above the cost price of the table. Two consecutive discounts were given while selling the table.
    II. The table was sold for Rs. 239.40. The percentage of discount given for second time while selling the table is double the percentage of discount given for the first time while selling the table.

    A) If the data in statement I alone are sufficient to answer the question, while the data in statement II alone are not sufficient to answer the question.

    B) If the data in statement II alone are sufficient to answer the question, while the data in statement I alone are not sufficient to answer the question.

    C) If the data either in statement I alone or in statement II alone are sufficient to answer the question.

    D) If the data in both the statements I and II together are not sufficient to answer the question

    E) If the data in both the statements I and II together are necessary to answer the question.

    Correct Answer: D

    Solution :

    According to the statement I,
    Marked price = Cost price\[\times \frac{140}{100}\]
    According to the statement II,
    Selling price of the table = Rs. 239.40
    Both the statements I and II together are not sufficient to the answer.


You need to login to perform this action.
You will be redirected in 3 sec spinner