Lessons

General Aptitude
4.2 Profit and Loss - Data Sufficiency 1

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Q.

A shopkeeper sells some articles at the profit of 25% on the original price. What is the exact amount of profit? To find the answer, which of the following information given in Statements I and II is/are necessary?
I.Sale price of the article 
II.Number of articles sold

View Answer

Correct choice: D

Explanation:

Gain = 25% of C.P.

In order to find gain, we must know the sale price of each article and the number of articles sold.

Correct answer is (D).

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