Multiple choice

Each question contains a statement followed by Quantity I and Quantity II. Read the contents clearly and answer your questions accordingly. Quantity I: The shopkeeper sold an article at 10 % discount on marked price and he gains 20%. If the marked price of the article is Rs.400, then find the cost price. Quantity II: The shopkeeper marks the price of the Pen Rs.350 and his profit % is 15%. Find the cost price of the Pen, if he allows a discount of 8%?

  1. Quantity II > Quantity I

  2. Quantity I ≥ Quantity II

  3. Quantity I > Quantity II

  4. Quantity II ≥ Quantity I

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

Quantity I: SP = 400 * 0.9 = 360 (after 10% discount). With 20% profit, CP = 360/1.2 = Rs.300. Quantity II: SP = 350 * 0.92 = 322 (after 8% discount). With 15% profit, CP = 322/1.15 ≈ Rs.280. Since 300 > 280, Quantity I is greater. Option C is correct.

Keep practicing — related questions