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A shopkeeper sold two items of same marked price of Rs. 1500 at a profit of 20% and 25% respectively. Find the selling price of item B.
Statement I: The discount offered by the shopkeeper for item A is 20% and the ratio of the cost price of item A to the cost price of item B is 10: 11 respectively
Statement II: The selling price of item A and selling price of item B are in the ratio of 48: 55, respectively
The data in statements I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question.
The data in statements II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the question.
Either Statement I or Statement II alone is sufficient to answer the question.
The data in both the statements I and II is not sufficient to answer the question.
The data in both the statements I and II together is necessary to answer the question.
We cannot find the cost price or selling price of any article So, statement II alone is not sufficient to answer the question Hence, option A is correct.
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