Question:
Find the profit percentage earned by the shopkeeper on selling the article.
Statements:
I. The cost price of the article is Rs. 800.
II. A discount of 20% was offered on the marked price of the article. The marked price of the article is Rs. 1200.
1
Both statements I and II are sufficient
2
Only statement II is sufficient
3
Only statement I is sufficient
4
Either statement I or II is sufficient