| Direction: In each of these questions one question is given followed by data in three statements I, II and III. You have to study the questions and the data in the statements and decide that the question can be answered with data in which of the statements and mark your answer accordingly. |
| I. The cost price of 6 such machines is equal to Rs.1.2 lakh |
| II. 25% profit is earned by selling each machine. |
| III. The ratio of selling to cost price is 12.5 : 10.9 |
A) All
B) Only II
C) Any one of the three
D) Data insufficient
E) None of these
Correct Answer: C
Solution :
From I. Cost price of one Sewing Machine \[=\frac{120000}{6}=\]Rs. 20000 Profit \[=20010-20000=\]Rs. 10 From II. Profit \[=20010-20010\times \frac{100}{125}=4002\] From III. \[\text{Profit}=\frac{20010\times 2.5}{100}=400.\] Hence any of the three is sufficient.
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