Given below is a question followed by three statements. Identify the statements that are necessary to answer the question.
Question: What is the percentage profit gained by a vendor when he sells an article?
Statements:
(i) He gives a 10% discount on the marked price.
(ii) He would have earned 25% profit if he did not give any discount.
(iii) The cost price of the article is Rs. 8000.
Choose the correct option from those given below :
1
(i) and (ii) only
2
(ii) and (iii) only
3
(i) and (iii) only
4
(i), (ii) and (iii)