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What was the amount of profit earned? I. 10% discount was offered on the labelled price. II. Had there been not discount, profit would have been 30% III. Selling price was more than the cost price by 20%

I and either II or III
Any two of the three
All I, II and III
Either I or II and III

Correct Answer:

Explanation:

None of the statements give the amount of labelled price or SP. So, even by combining all the statements together, question cannot be answered.
Hence ,we cannot find the amount of profit earned because all the above given information are not sufficient .

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