What was the cost price of the suitcase purchased by Richard?
I. Richard got 20% concession on the labeled price.
II. Richard sold the suitcase for Rs 2000 with 25% profit on the labeled price.
Options
- if the data in statement I is sufficient and II is not required;
- if the data in statement II is sufficient and I is not required;
- if the data in both statements is necessary;
- if the data in both statements is not sufficient to answer the question
CORRECT ANSWER : if the data in both statements is necessary;
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