Directions: The question consists of a question and two statements I and II have given below it. You have to decide whether the date provided in the statements are sufficient to answer the question. Read both the ‘Statements’ and choose the appropriate option.
The cost price of 10 kg of sugar is Rs. 300. What should be its selling price of a kg of sugar?
I. The percentage profit should be at least 10%.
II. The total profit on 10 kg sugar should not be more than Rs. 30.
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 the statements I and II is not sufficient to answer the question.
5
The data in both the statements I and II together is necessary to answer the question.