Multiple choice

Each question below contains a statement followed by Quantity I and Quantity II. Find both to find the relationship among them. Mark your answer accordingly. Quantity I: The price of item X is marked at Rs 10,000. After giving a discount of 4%, a gain of 20% is achieved. Cost Price of Item X. Quantity II: Selling Price of item Y after two successive discounts of 10% and 15% is provided on the Marked Price of Rs 10,000.

  1. Quantity I > Quantity II

  2. Quantity I ≥ Quantity II

  3. Quantity II > Quantity I

  4. Quantity II ≥ Quantity I

  5. Quantity I = Quantity II or Relation cannot be established
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Quantity I: MP = 10000, Discount = 4%, so SP = 9600. Gain = 20%, so CP = SP / 1.2 = 9600 / 1.2 = Rs 8000. Quantity II: MP = 10000, After 10% discount = 9000, After 15% discount = 9000 × 0.85 = Rs 7650. Since 8000 > 7650, Quantity I > Quantity II, so Option A is correct.

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