Question

How much amount Ronnie required to pay for the new car in the buy-back scheme ?
I. The cost of the new car was three times the cost price of his old car.
II. His old car was valued at Rs. 25000 under buy-back scheme.

• A. If the data in statement I alone are sufficient to answer the question
• B. If the data in statement II alone are sufficient answer the question
• C. If the data either in I or II alone are sufficient to answer the question;
• D. If the data in both the statements together are needed.

Answer 1

The correct option is D If the data in both the statements together are needed.

From both the statements together, we conclude that the price of the new car is Rs $(25000\times 3)$ i.e. Rs. $75000$
So, Ronnie has to pay Rs. $(75000-25000)$ i.e. Rs. $50000$.
Thus, both I and II are required.
Hence, option D is correct.