Data Sufficiency · Question 23 · Medium
Data Sufficiency question 23
Each question has two statements. Decide whether the data in the statements is sufficient to answer the question.
Question: What is the profit percentage on the sale of a watch?
I. The cost price of the watch is ₹500.
II. The marked price of the watch is ₹700.
- Statement I alone is sufficient
- Statement II alone is sufficient
- Both statements together are needed
- Both statements together are not sufficient
Answer and explanation
Answer: D. Both statements together are not sufficient
Explanation: To find the profit we need the selling price. The marked price is not necessarily the selling price (a discount may be given), so even both statements together are not sufficient.
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