Directions (next five questions) : Each of the questions given below consist of a question and two statements numbered I and II given below it. You have decide whether the data provided in the statements is sufficient to answer the question. Read both the statements and
Give answer :
(1) If the data in statement I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question.
(2) If the data statement II alone is sufficient to answer the question, while the data in both the statements I alone is not sufficient to answer the question.
(3) If the data in statement I alone or in statement II alone is sufficient to answer the question.
(4) If the data in both the statement I and II is not sufficient to answer the question.
(5) If the data in both the statement I and II together is necessary to answer the question.
(Applicable only to the following question)
What was the annual salary of Mr. Murthy in 2013
I. Out of the annual salary of Mr. Murthy invested 18% in Mutual Funds and 22% in stocks. He spent 45% of his annual salary on household expenses and saved an amount of INR 4.5 lakhs at the end of the year
II. Annual salary of Mr. Murthy increased to 12% from 2012 to 2013 and by this he got a raise of INR 3.6 lakhs in his annual salary.
- If the data in statement I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question.
- If the data statement II alone is sufficient to answer the question, while the data in both the statements I alone is not sufficient to answer the question.
- If the data in statement I alone or in statement II alone is sufficient to answer the question.
- If the data in both the statement I and II is not sufficient to answer the question.
- If the data in both the statement I and II together is necessary to answer the question.
- Explanation:
From statement I.
Let the annual salary of Mr. Murthy = INR x
Savings = [100-(18+22+45)]
=100-85
=15%
Given, savings = 4.5 lakh
x×15/100=450000
x=3000000
x=3 lakh
