A shopkeeper sells some articles at the profit of $25$ % on the original price. What is the exact amount of profit? To find the answer, which of the following information given in Statements I and II is/are necessary?
I. Sale price of the article
II. Number of articles sold

Only I is necessary

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Only II is necessary

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Either I or II is necessary

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Both I and II are necessary

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None of these

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Solution

The correct option is D Both I and II are necessary
$G a i n = 25$ % of C.P.
In order to find gain, we must know the sale price of each article and the number of articles sold.
Correct answer is (D).

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A shopkeeper sells some articles at the profit of 25% on the original price. What is the exact amount of profit? To find the answer, which of the following information given in Statements I and II is/are necessary?I. Sale price of the articleII. Number of articles sold

The correct option is D Both I and II are necessaryGain=25% of C.P.In order to find gain, we must know the sale price of each article and the number of articles sold.Correct answer is (D).

A shopkeeper sells some articles at the profit of $25$ % on the original price. What is the exact amount of profit? To find the answer, which of the following information given in Statements I and II is/are necessary?
I. Sale price of the article
II. Number of articles sold

The correct option is D Both I and II are necessary
$G a i n = 25$ % of C.P.
In order to find gain, we must know the sale price of each article and the number of articles sold.
Correct answer is (D).