Direction: Each question below is followed by two statements I and II. You have to determine whether the data given in the statement is sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer.
What is the marked price of the pen?
Statement I. The pen is marked 30% above the cost price.
Statement II. A discount of 25% was given due to which there was a loss of 2.5%. The cost price of the pen is Rs. 45
1
Statement I alone is sufficient to answer the question but, statement II alone is not sufficient.
2
Statement II alone is sufficient to answer the question but, the statement I alone is not sufficient.
3
Both statements I and II together are needed to answer the question.
4
Either statement I alone or statement II alone is sufficient to answer the question
5
Neither statement I nor statement II is sufficient to answer the question.