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Profit and Loss-Data Intensity 2 :: Discussion
| 2. | A shopkeeper sells some toys at Rs. 250 each. What percent profit does he make? To find the answer, which of the following information given in Statements I and II is/are necessary? | |
| A. | Only I is necessary | |
| B. | Only II is necessary | |
| C. | Both I and II are necessary | |
| D. | Either I or II ins necessary | |
| Answer: Option B | |
| Explanation: | |
|
S.P. = Rs. 250 each. To find gain percent, we must know the C.P. of each. |
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