1. What percentage discount was given on a product? I. The marked price of the product was Rs. 500. II. The product was sold for a profit.
- AStatement I alone is sufficient, but Statement II alone is not sufficient
- BStatement II alone is sufficient, but Statement I alone is not sufficient
- CBoth statements I and II together are sufficient, but neither alone is sufficient
- DBoth statements I and II together are not sufficient
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Answer: D
Neither statement gives the selling price, so the discount percentage cannot be calculated even when combined, since profit alone does not specify an amount.