Following questions contain two statements as statement I and statement II. You have to determine which statement/s is/are necessary to answer the question and give answer.
What is the profit percentage earned on mobile?
Statement I: 50% of the sum of the selling price of mobile and TV is 5400 more than the selling price of mobile. Ratio of the marked to cost price of the mobile is 7:5 and the selling price of the TV is Rs.60000.
Statement II: The marked price of the TV is 25% more than the selling price of the mobile and the ratio of the cost price of mobile to AC is 40:51. The selling price of the TV is Rs.5100 while the shopkeeper earns the profit of 25%.
The data in statement I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question.
The data in statement II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the question.
The data either in statement I alone or in statement II alone is sufficient to answer the question.
The data given in both statements I and II together are not sufficient to answer the question.