What is the actual percent profit made by the trader on selling rice @Rs. 36/kg?
I. The trader falsely claims to be making a profit of 20%.
II. The trader has tampered with his weighing instrument in such a way that it reads 1 kg for every 800 gm of rice weighed.
1
The data in both the statements I and II together are necessary to answer the question.
2
The data either in statement I alone or in statement II alone are sufficient to answer the question.
3
The data in both the statements I and II together are not sufficient to answer the question.
4
The data in statement II alone are sufficient to answer the question, while the data in statement I alone are not sufficient to answer the question
5
The data in statement I alone are sufficient to answer the question, while the data in statement II alone are not sufficient to answer the question.