Multiple choice

Given below are two quantities named I and II. Based on the given data, you have to determine the relation between them and mark the answer Quantity I- Gain % when an article of cost price Rs 900 is sold for Rs 981. Quantity II- Net % discount availed by customer when he gets two successive discounts of 4% and 6.25%

  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 relation can not be established
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Quantity I: Gain = (981-900)/900 × 100 = 81/900 × 100 = 9%. Quantity II: Successive discounts of 4% and 6.25%. Net discount = 100 - (0.96 × 0.9375 × 100) = 100 - 90 = 10%. 9% < 10%, so Quantity I < Quantity II. Option B is correct.

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