Arithmetic Sufficiency

Q: What is the cost price of the article? I. The selling price is Rs. 1200. II. The profit earned is 20%.

Correct Answer: Option C (Both statements together are sufficient, but neither statement alone is sufficient.). Neither statement gives the full picture alone. Together: Cost Price * 1.20 = 1200 => Cost Price = Rs. 1000. Both statements are required.

Q: What is the profit percentage earned by selling a bicycle? I. A 10% discount is given on the marked price. II. The marked price is 25% above the cost price.

Correct Answer: Option C (Both statements together are sufficient, but neither statement alone is sufficient.). Neither is sufficient alone. Together: Let CP = 100. MP = 125. Selling Price after 10% discount = 125 * 0.9 = 112.5. Profit = 12.5%. Both are required.

Q: Did the merchant make an overall profit? I. He sold two items for Rs. 5000 each. II. He made a 20% profit on one and a 20% loss on the other.

Correct Answer: Option C (Both statements together are sufficient, but neither statement alone is sufficient.). Neither is sufficient alone. Together: Selling two items at the same price with the same profit and loss percentages always results in an overall net loss (Loss % = x^2/100). Thus, the answer to 'Did he make a profit?' is a definitive 'No'. Both statements are required.

Q: What is the marked price of the shirt? I. The discount offered is Rs. 200. II. The discount percentage is 10%.

Correct Answer: Option C (Both statements together are sufficient, but neither statement alone is sufficient.). Neither statement is sufficient alone. Together: 10% of Marked Price = 200 => Marked Price = Rs. 2000. Both are required.

Q: What is the actual selling price of the good? I. The cost price is Rs. 500. II. If it is sold at Rs. 600, the profit percentage is 20%.

Correct Answer: Option D (Statements I and II together are not sufficient.). Statement I gives the Cost Price. Statement II provides a hypothetical scenario but doesn't state what the good was *actually* sold for. Together, the data is insufficient to find the real selling price.

50 Questions

Practice Arithmetic Sufficiency questions with answers and step-by-step solutions. These problems are curated from recent campus placement test papers (TCS, Infosys, Wipro, Cognizant, Accenture) and competitive government exams (SSC CGL, Bank PO, RRB NTPC, UPSC).

Quick Mode: Practice Questions Timed Mock Test

Arithmetic Sufficiency: Directions & Problem Statements Shared for questions below

DirectionsSet 3: Profit & Loss

Q11

What is the cost price of the article?
I. The selling price is Rs. 1200.
II. The profit earned is 20%.

medium

Q12

What is the profit percentage earned by selling a bicycle?
I. A 10% discount is given on the marked price.
II. The marked price is 25% above the cost price.

medium

Q13

Did the merchant make an overall profit?
I. He sold two items for Rs. 5000 each.
II. He made a 20% profit on one and a 20% loss on the other.

medium

Q14

What is the marked price of the shirt?
I. The discount offered is Rs. 200.
II. The discount percentage is 10%.

medium

Q15

What is the actual selling price of the good?
I. The cost price is Rs. 500.
II. If it is sold at Rs. 600, the profit percentage is 20%.

medium

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Arithmetic Sufficiency

What is the cost price of the article?
I. The selling price is Rs. 1200.
II. The profit earned is 20%.

Community Discussion & Shortcut Formulas

What is the profit percentage earned by selling a bicycle?
I. A 10% discount is given on the marked price.
II. The marked price is 25% above the cost price.

Community Discussion & Shortcut Formulas

Did the merchant make an overall profit?
I. He sold two items for Rs. 5000 each.
II. He made a 20% profit on one and a 20% loss on the other.

Community Discussion & Shortcut Formulas

What is the marked price of the shirt?
I. The discount offered is Rs. 200.
II. The discount percentage is 10%.

Community Discussion & Shortcut Formulas

What is the actual selling price of the good?
I. The cost price is Rs. 500.
II. If it is sold at Rs. 600, the profit percentage is 20%.

Community Discussion & Shortcut Formulas