Problem Statement

Data Sufficiency: Finding the Shopkeeper's Loss on a Notebook Sale This question is followed by two statements, (I) and (II). Decide which statements are needed to answer it and mark your choice using the following key. Mark (A) if the question can be answered by one of the statements alone but not by the other. Mark (B) if the question can be answered by using either statement alone. Mark (C) if the question can be answered using both statements together, but cannot be answered using either statement alone. Mark (D) if the question cannot be answered. What is the loss of the shopkeeper in selling a notebook? (I) He sold the notebook for Rs 120. (II) He sold the notebook for half the amount at which he purchased it from the wholesaler.