Correct Answer: if either the Statement I alone or Statement II alone is sufficient to answer the question
Explanation:
From Statement I,
Selling price of watch = ₹ 15675
and the cost price of a watch = 15675 x 4/5
= ₹ 12540
∴ Profit = 15675 - 12540 = ₹ 3135
From Statement II,
Cost price of a watch
= 15675/100 + 25 x 100 = ₹ 12540
∴ Profit = 15675 - 12540 = ₹ 3135
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