The question consists of three statements numbered “I”, "II", and “III” given below it. You have to decide whether the data provided in the statements are sufficient to answer the question or not and choose the correct option accordingly.
A trader sells three different types of goods i.e Rice, Wheat, and Pulses. Marked prices (per/kg) of Rice, Wheat, and Pulses are in the ratio of 8: 12: 13 respectively. Trader offers a discount at marked prices (per/kg) of Rice, Wheat, and Pulses at 10%, 20%, and 30% respectively. If the profit made by the trader on the sale of (per/kg) of pulses is Rs.23, then what is the selling price (per/kg) of Rice, Wheat, and Pulses respectively?
Statement (I): The ratio of the marked price (per/kg) of Wheat and the selling price (per/kg) of Rice is 5: 3.
Statement (II): The difference between the marked price (per/kg) of Pulses and the cost price (per/kg) of Pulses is Rs. 140.
Statement (III): The ratio of selling prices (per/kg) of Rice, Wheat, and Pulses is 8: 12 : 13 respectively.