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How much amount Ronnie required to pay for the new car in the buy-back scheme ? I. The cost of the new car was three times the cost price of his old car. II. His old car was valued at Its 25000 under buy-back scheme.

If the data in statement I alone are sufficient to answer the question
If the data in statement II alone are sufficient answer the question
If the data either in I or II alone are sufficient to answer the question;
If the data in both the statements together are needed.

Correct Answer: If the data in both the statements together are needed.

Explanation:

From both the statements together, we conclude that the price of the new car is Rs (25000 * 3) i.e. Rs 75000

So, Ronnie had to pay Rs (75000 - 25000) i.e. Its 50000.

Thus, both I and II are required

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