# The question consists of three statements numbered “I”, "II", and “III” given below it. You have to decide whether the data provided in the statements are sufficient to answer the question or not and choose the correct option accordingly.What is the difference between MP of Article A and SP of Article B?Statement I: CP of Article A is 224 less than the SP of Article B. Discount given in Article A is 30% and the profit earned in Article B is 40%.Statement II: SP of Article A is Rs. 140 more than Article B. On Article A, a markup of Rs. 264 is given.Statement III: Discount allowed on Article B is Rs. 56 more than the profit earned on Article A.

This question was previously asked in
IBPS PO Mains Memory Based Paper (Held on:26th November 2022)
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1. The data given in Statement I and Statement II together is sufficient to answer the question
2. The data given in Statement III alone is sufficient to answer the question
3. The data given in Statement II alone is sufficient to answer the question
4. The data given in Statement I alone is sufficient to answer the question
5. None of these

Option 1 : The data given in Statement I and Statement II together is sufficient to answer the question
Free
IBPS PO 2024 Prelims Full Test 1
5.5 K Users
100 Questions 100 Marks 60 Mins

## Detailed Solution

Statement I: CP of Article A is 224 less than the SP of Article B,

SPB - CPA = 224.................................................................... (1)

Discount given in Article A is 30% and the profit earned in Article B is 40%,

0.7 x MPA = SPA.................................................................... (2)

SPB = 1.4CPB........................................................................ (3)

We cannot answer the question with the data in statement I.

Statement II: SP of Article A is Rs. 140 more than Article B. On Article A, a markup of Rs. 264 is given.

SPA - SPB = 140................................................................... (4)

MPA = Rs. 264.

We cannot answer the question with the data in statement II.

On combining data given in statement I and statement II, we get

Put the value in equation (2),

0.7 x 264 = SPA

SPA = Rs. 184.8.

Put this in equation (4),

SPB = Rs. 44.8.

So,

MPA - SPB = Rs. 219.2.

So Statements I and II together are sufficient.

Statement III: Discount allowed on Article B is Rs. 56 more than the profit earned on Article A.

MPB - SPB - (SPA - CPA) = 56.............................................. (5)

We cannot answer the question with the data in statement III.

Hence, the correct answer is 1.
The passage contains a mathematical question about the difference between the marked price (MP) of Article A and the selling price (SP) of Article B, along with three statements providing different pieces of information. The question asks which combination of statements is sufficient to answer the question.
single_question_with_answer
Given a text passage, determine:
    1. If it contains a mathematical question (including word problems or calculations)
    2. If an answer to that mathematical question is provided in the text

First, describe the content structure you found in 1-2 sentences.

Then provide your analysis in the following format:
TYPE: <one of the following values>
- NO_QUESTION
- SINGLE_QUESTION
- SINGLE_QUESTION_WITH_ANSWER
- MULTIPLE_QUESTIONS
- MULTIPLE_QUESTIONS_WITH_ANSWERS
system
# The question consists of three statements numbered “I”, "II", and “III” given below it. You have to decide whether the data provided in the statements are sufficient to answer the question or not and choose the correct option accordingly.What is the difference between MP of Article A and SP of Article B?Statement I: CP of Article A is 224 less than the SP of Article B. Discount given in Article A is 30% and the profit earned in Article B is 40%.Statement II: SP of Article A is Rs. 140 more than Article B. On Article A, a markup of Rs. 264 is given.Statement III: Discount allowed on Article B is Rs. 56 more than the profit earned on Article A.

This question was previously asked in
IBPS PO Mains Memory Based Paper (Held on:26th November 2022)
View all IBPS PO Papers >
1. The data given in Statement I and Statement II together is sufficient to answer the question
2. The data given in Statement III alone is sufficient to answer the question
3. The data given in Statement II alone is sufficient to answer the question
4. The data given in Statement I alone is sufficient to answer the question
5. None of these

Option 1 : The data given in Statement I and Statement II together is sufficient to answer the question
Free
IBPS PO 2024 Prelims Full Test 1
5.5 K Users
100 Questions 100 Marks 60 Mins

## Detailed Solution

Statement I: CP of Article A is 224 less than the SP of Article B,

SPB - CPA = 224.................................................................... (1)

Discount given in Article A is 30% and the profit earned in Article B is 40%,

0.7 x MPA = SPA.................................................................... (2)

SPB = 1.4CPB........................................................................ (3)

We cannot answer the question with the data in statement I.

Statement II: SP of Article A is Rs. 140 more than Article B. On Article A, a markup of Rs. 264 is given.

SPA - SPB = 140................................................................... (4)

MPA = Rs. 264.

We cannot answer the question with the data in statement II.

On combining data given in statement I and statement II, we get

Put the value in equation (2),

0.7 x 264 = SPA

SPA = Rs. 184.8.

Put this in equation (4),

SPB = Rs. 44.8.

So,

MPA - SPB = Rs. 219.2.

So Statements I and II together are sufficient.

Statement III: Discount allowed on Article B is Rs. 56 more than the profit earned on Article A.

MPB - SPB - (SPA - CPA) = 56.............................................. (5)

We cannot answer the question with the data in statement III.

Hence, the correct answer is 1.
user
The passage contains a mathematical question about the difference between the marked price (MP) of Article A and the selling price (SP) of Article B, along with three statements providing different pieces of information. The question asks which combination of statements is sufficient to answer the question.

TYPE: SINGLE_QUESTION_WITH_ANSWER