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Q1:

A shopkeeper sells some articles at the profit of 25% on the original price. What is the exact amount of profit? To find the answer, which of the following information given in Statements I and II is/are necessary?

I. Sale price of the article

II. Number of articles sold

A Either I or II is necessary

B None of these

C Both I and II are necessary

D Only II is necessary

E Only I is necessary

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