GAT Subject
Engineering
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Profit and Loss-Data Intensity 3 :: Discussion
| 2. | By selling a product with 20% profit, how much profit was earned? | |
| A. | I alone sufficient while II alone not sufficient to answer | |
| B. | II alone sufficient while I alone not sufficient to answer | |
| C. | Either I or II alone sufficient to answer | |
| D. | Both I and II are not sufficient to answer | |
| Answer: Option D | |
| Explanation: | |
|
Gain = 20% I. Profit = (S.P.) - (C.P.) = Rs. 40. Thus, I give the answer. But, II does not give the answer. |
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