The following question is accompanied by three statements (I), (II), and (III). You have to determine which statements(s) is/are sufficient/necessary to answer the questions.

A person can purchase 3 articles in Rs. 50. What is the price of the costliest article?

Statement I. The cost price of the two articles each is Rs. 2 less than the cost price of the costliest article.

Statement II. The cost price of two articles out of 3 is the same.

Statement III. The cost price of the costliest article is 12.5% more than the cost price of the cheapest article.

1
Either statement I and II together or Statement II and III together is sufficient to answer the question.
2
The data in statement I alone or statements II and III together is sufficient to answer the question.
3
The data in statement I and II together are sufficient to answer the question.
4
The data in all the statements I, II, and III are not sufficient to answer the question.
5

The data in all statements I, II, and III together are necessary to answer the question.

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