Question : How much was the total sale of the company ?
Statements :
I. The company sold 8000 units of product A each costing Rs. 25.
II. This company has no other product line.
A. I alone is sufficient while II alone is not sufficient
B. II alone is sufficient while I alone is not sufficient
C. Either I or II is sufficient
D. Neither I nor II is sufficient
E. Both I and II are sufficient
Answer: Option E
Solution(By Examveda Team)
From I, total sale of product A = Rs. (8000 x 25) = Rs. 200000.From II, we know that the company deals only in product A.
This implies that sale of product A is the total sale of the company, which is Rs. 200000.
Dear question asking total sale not cost of sales. You are calculating cost of sales instead of sales. Therefore, from 1, we can not calculate total sale. From 2, we get no data available regarding total sale. Thus, D is the right answer