Multiple choice

Find the value of quantities and state the correct relationship.\ \textbf{Quantity I:} Profit Percentage, if some articles were bought at 6 articles for Rs. 5 and sold at 5 articles for Rs. 6.\ \textbf{Quantity II:} Profit Percentage, if 100 toys are bought at the rate of Rs. 350 and sold at the rate of Rs. 60 per dozen.

  1. Quantity I > Quantity II

  2. Quantity I < Quantity II

  3. Quantity I ≥ Quantity II

  4. Quantity I ≤ Quantity II

  5. Quantity I = Quantity II or no relation can be established

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Quantity I: CP per article = 5/6 Rs, SP per article = 6/5 Rs. Profit = 11/30 Rs. Profit% = (11/30)/(5/6) × 100 = 44%. Quantity II: CP per toy = 350/100 = 3.5 Rs, SP per toy = 60/12 = 5 Rs. Profit% = (1.5/3.5) × 100 = 42.86%. Therefore Quantity I (44%) > Quantity II (42.86%).