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Question: What is the exact cost price of the bicycle? Statement I: The bicycle is red in color. Statement II: The bicycle was sold for Rs. 1400 at zero profit and zero loss.
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Statement II alone is sufficient.
Neither statement is sufficient even when combined.
Both statements I and II together are required.
Statement I alone is sufficient.
Correct Answer
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Explanation
Statement II states the selling price with no profit/loss, meaning Cost Price = Selling Price. Thus, Statement II perfectly answers the question alone.…
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Concept Behind This Question
This question focuses on the concept of Data Sufficiency under the broader topic of Logical Reasoning.
Related key concepts: intelligence, logic, reasoning, quantitative.
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Question Details
- Subject:
- Intelligence
- Topic:
- Logical Reasoning
- Subtopic:
- Data Sufficiency
- Difficulty:
- hard
- Source:
- Standard Entry Tests
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