In the last month the company decided to increase the cost of its mixer by 10 percent. What is the present price of the mixer? I. The cost of mixer and juicer together was Rs 2850 a month ago. II. The amount of 10% increase on the mixer comes to Rs 220.
A
If the data in statement I alone are sufficient to answer the question
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B
If the data in statement II alone are sufficient answer the question
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C
If the data either in I or II alone are sufficient to answer the question
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D
If the data even in both the statements together are not sufficient to answer the question
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Solution
The correct option is B If the data in statement II alone are sufficient answer the question
The present price of the mixer can he calculated from statement II as follows Let the earlier price be Rs. x. Then, 10%ofx=220 or x=2200.
Present price =Rs(2200+220)=Rs2420. Hence, option B is correct.