Data Sufficiency — Company sales: Determine the total sale amount in ₹ for the company. Statement I: The company sold 8000 units of product A, each costing ₹25. Statement II: The company has no other product line (i.e., sells only product A). Decide which statements are sufficient to answer the question. Choose the correct sufficiency option.
Verbal Reasoning
Data Sufficiency
Difficulty: Easy
Choose an option
Answer
Correct Answer: Both statements I and II together are sufficient, but neither alone is sufficient.
Explanation
GoalFind the total sale of the company.
Evaluate Statement IRevenue from product A = 8000 × ₹25 = ₹200,000.But this is the company's total sale only if no other products are sold. I alone does not assure that.
Evaluate Statement IICompany sells only product A.No quantity/price given ⇒ cannot compute total sale.
Together (I + II)Only product A is sold (II) and its quantity and price are known (I): total sale = ₹200,000.
Common pitfallAssuming Statement I implies total sale without confirming there are no other product lines.
Final AnswerBoth statements I and II together are sufficient, but neither alone is sufficient.