Data Sufficiency - Selling Price
CAT 1996 Slot 1 · Quantitative Ability · Easy · QA
This is an easy Quantitative Ability question from the CAT 1996 Slot 1 paper. It tests QA. The full answer key and a step-by-step explanation are below — try it yourself first, then reveal the solution.
What is the selling price of the article? I. The profit on sales is 20%. II. The profit on each unit is 25% and the cost price is Rs. 250.
- A.
if the question cannot be answered even with the help of both the statements taken together
- B.
if the question can be answered by any one of the two statements
- C.
if each statement alone is sufficient to answer the question, but not the other one
- D.
if both statements I and II together are needed to answer the question
C
Explanation
Statement II provides cost price (Rs. 250) and profit percentage (25%), from which SP can be uniquely determined (). Statement I alone gives no absolute monetary value.
Related QA questions
- #1242Data Sufficiency: Value of XCATQAMCQEasy
- #1243Linear Equations: Price of FruitsCATQAMCQEasy
- #1244Properties of Odd IntegersCATQAMCQEasy
- #1245Elimination Tournament MatchesCATQAMCQEasy
- #1246Concentric Circles TangentCATQAMCQMedium
- #1247Inclusion-Exclusion PrincipleCATQAMCQMedium
- #1248Symmetry of FunctionsCATQAMCQEasy
- #1249LCM with RemainderCATQAMCQEasy
Practise this under exam conditions
Sign in to solve it with a live timer, the on-screen CAT calculator, and streak and accuracy tracking across every question you attempt.
Solve in the workspace