The question given below consists of two statement. You have to decide whether the data provided in the statement(s) is / are sufficient to answer the given question.
Find the difference between the cost price of Ravi and Rashid’s article.
1.Ravi sold his article at 12% profit and Rashid sold his article at Rs. 27,094.
2.If Rashid gain a profit of 15% after selling his article and ratio of cost price of Ravi’s article to the cost price of Rashid’s article is 7 : 8.
Statement 1 alone is sufficient to answer the question but statement 2 alone is not sufficient.
Statement 2 alone is sufficient to answer the question but statement 1 alone is not sufficient.
Both statement 1 and statement 2 together is needed to answer the question.
Neither statement 1 and nor statement 2 is sufficient to answer the question.
Either statement 1 alone or statement 2 alone is sufficient to answer the question.