Directions: Each of the questions given below consists of a question and 2 statements numbered I and II. You have to decide whether the data is sufficient to answer the question. Read both Statements carefully and then answer the questions.
Girija is a ghee trader, he mixes two varieties of ghee in the ratio of 1 : 4. By selling the mixture at Rs. 12 per kg he gets a profit of more than 20%. Is the cost of the dearer variety is less than Rs. 20 per kg?
Statement I. The cost of the cheaper variety of ghee mixed is Rs. 14 per kg.
Statement II. For every 4 kg of Dearer variety, he adds 1 kg of cheaper variety of ghee.1
The data in statement I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question.
2
The data in statement II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the question.
3
The data in statement I alone or in statement II alone is sufficient to answer the question.
4
The data in both statements I and II are not sufficient to answer the question.
5
The data in both statements I and II together are necessary to answer the question.