Each of the question below consists of a question and three statements number I, II and III given below it. You have to decide whether the data provided in the statement are sufficient to answer the question.
What is selling price of Bed if Dealer sells at a profit of 15%?
I. Dealer marks bed 60% above cost price and allow a discount of 25%. If no discount is offered then he would get Rs. 1920 more profit.
II. Dealer marks bed 75% above cost price and after allowing two successive discount of 20% sold to Simmu, Simmu sold it to Jayesh for Rs. 6720 and claims of profit 25%.
III. Dealer marks bed 75% above cost price and after allowing a discount of 25% sells it to customer. If he allows an addition discount of 20% he would get Rs 1260 less.1
All I, II and III together are sufficient to answer the question.
2
Either I or II or III.
3
Both I and II are sufficient to answer the question.
4
Both II and III are sufficient to answer the question.
5
None are sufficient.