The question consists of two statements numbered “I and II” given below it. You have to decide whether the data provided in the statements are sufficient to answer the question.
There are two articles 'P' and 'Q'. Article 'P' is sold at neither profit nor loss. The discount offered on article 'P' is equal to the amount by which article 'Q' is marked up. Find the selling price of article 'Q'?
Statement (I) : The discount given on article 'P' is 200 Rs and article 'Q' is sold at two successive discounts of 10% each.
Statement (II) : The marked price of article 'P' is equal to the cost price of article 'Q'. The mark-up percentage of article 'P' is 25%.
1
(I) alone is sufficient.
2
(II) alone is sufficient.
3
Either (I) alone or (II) alone is sufficient.
4
Both statements (I) and (II) together are sufficient.
5
Both statements (I) and (II) together are not sufficient.