What is the selling price of the article ?

A. The profit on s

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✪ This question consists of a question and two statements (I and II). Read and Decide whether the data provided in the statements are sufficient to answer the question or not and

What is the selling price of the article ?

A. The profit on sales is 20%.

B. The profit on each unit is 25% and the cost price is Rs. 250.

A. Statement 1 alone is sufficient, but Statement 2 alone is not sufficient to answer the question
B. Statement 2 alone is sufficient, but Statement 1 alone is not sufficient to answer the question
C. Both statements taken together are sufficient to answer the question, but neither statement alone is sufficient
D. Each statement alone is sufficient

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