Multiple choice

Find the correct relationship between the given quantities: A person sells two coolers. First cooler is sold by him in Rs 8000 and cost price of second cooler is 7200. He got 10% profit on second cooler after 10% discount and he allow 20% discount on first cooler. Quantity I = Marked price of first cooler. Quantity II = Marked price of second cooler.

  1. Quantity II > Quantity I

  2. Quantity I ≥ Quantity II

  3. Quantity I > Quantity II

  4. Quantity I ≤ Quantity II

  5. Quantity I = Quantity II
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

First cooler: SP = 8000 after 20% discount. MP = 8000/0.8 = 10000. Quantity I = 10000. Second cooler: CP = 7200, 10% profit means SP = 7200 × 1.1 = 7920. This SP is after 10% discount, so MP = 7920/0.9 = 8800. Quantity II = 8800. Since 10000 > 8800, Quantity I > Quantity II.

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