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What is the selling price of the laptop? I. The ratio of cost price and marked price is 5:8. II. If the cost price is increased by Rs. 200, then the difference between marked price and selling price becomes Rs. 100.
- 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.
- 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.
- If the data either in statement I alone or in statement II alone are sufficient to answer the question.
- If the data given in both statements I and II together are not sufficient to answer the question.
Correct answer: If the data given in both statements I and II together are not sufficient to answer the question.
Solution
Statement I gives only the relation between cost price and marked price, not the selling price. Statement II gives a condition involving the increased cost price, but still does not uniquely fix the original selling price. Even together, the information is insufficient to determine one exact selling price.
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