Direction: Below is given a question followed by three statements I, II, and III. The question may (or may not) be answered using any one or more of the given statements. You have to decide which of these statement(s) is/are sufficient to answer the given question. Pick out the appropriate choices.
Find the marked price of a mobile
I. Profit earned on cost price is 10%
II. Mobile is marked above its cost price by 40%
III. When a discount of 20% is given on the marked price the seller makes a profit of 25%. The cost price of mobile is 1000.
1
Only I is sufficient
2
I and II both are required
3
I, II and III are required
4
Only III is sufficient
5
Still more data is needed to answer the question