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Tuesday, 13 December 2016

P&L Data Suffeciency IBPS/RBI

Directions (1-5): In each of the questions below consists of a question and two statements numbered I and II given below it. You have to decide whether the data provide in the statements are sufficient to answer the question. Read both the statements and give answer.

(a) If the data in statement I alone are sufficient to answer the question, while the data in statement II alone are not sufficient to answer the question  
(b) If the data in statement II alone are sufficient to answer the question, while the data in statement I alone are not sufficient to answer the question
(c) If the data either in statement I alone or in statement II alone are sufficient to answer the question 
(d) If the data given in both statement I and II together are not sufficient to answer the question and 
(e) If the data in both statements I and II together are necessary to answer the question 
  
Q1. By selling a product with 20% profit. How much profit was earned?  
(i) The difference between CP and SP was Rs 80 
(ii) The SP is 120% of CP
ans :(a)
Q2. How much profit did Abhinav made by selling a TV   
(i) He bought the TV on 30% discount on Market Price 
(ii) He sold it on 30% profit on Marked Price  
ans :(d)
Q3. How much was loss 
(i) The CP was 1000
(ii) The loss was 30% of CP
ans :(e)
Q4. What percent of profit was earned when selling the product 
(i) The profit earned was Rs 100
(ii) Had it been sold for Rs 155 the profit would have Rs 35  
  ans: (b)                                                                                                                      
Q5. What is the price of an Apple 
(i) A man can buy 14 apple and 35 banana for Rs 84 
(ii) With 50% discount on price of Apple, Rs 12 would buy 4 Apple and 5 Banana (d)  

ans: (d)


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