A car dealer sold 80 of the cars in its inventory during September What was the total revenue from t...........

Quantitative Aptitude ( CCS) Data Sufficiency

A car dealer sold 80% of the cars in its inventory during September. What was the total revenue from the sales of cars?

I. All but 60 cars in the showroom inventory were sold during September.

II. Cars were sold for an average price of Rs.4.5 lakh during September.

If the data in statement I alone is sufficient to answer the question.

If the data in statement II alone is sufficient to answer the question.

If the data either in statement I alone or statement II alone are sufficient to answer the question.

If the data given in both I and II together are not sufficient to answer the question.

If the data in both the statements I and II together are necessary to answer the question

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Explanation:

Total no of cars in September = x
From Statement I – 20% of x = 60 (Cars that are not sold)
x = 300
80% 0f 300 =240
From Statement II – Price of a car = Rs.4.5 lakh
From Statement I & II – The total revenue from the sales of cars = 240 * 4.5 lakh = 1080 lakh

Hence, option 5 is the correct answer.