Following Question is followed by 2 statements. 

Mark (1), if question can be answered using one of the statements but not the other

Mark(2), if question can be answered using either of the statements.

Mark(3), if question can be answered using both the statements together but not by only one of those. 

Mark(4), if question cannot be answered using both the statements together.

What is the Value of integer A?

I HCF(A,B) = 8

II LCM(A, B) =48

Solution for Quant Question of the day: 258

let’s say he pays Rs100 for 100 gms

so he buys 130gms instead of 100gms (in Rs. 100)

and sells 70gms instead of 100gms (in Rs. 100)

now 60 gms is his profit over qty sold {70 gms in 100 rs, So further 60 gms in 7/6*100 rs)

60/70*100 = 85.71% profit

See our previous quant question of the day:

Quant Question Of The Day: 258