Multiple choice

In each of the following question, a question is followed by information given in two statement named as Quantity-I(Q1) and Quantity –II (Q2). You have to study the information along with the question and compare the value derived from Quantity-I and Quantity-II. Then answer - If the cost price of an article is increased by 40% to make it as the market price of article, Quantity I: Selling price of article after allowing a discount of 20%, if the cost price is Rs 1,75,000 Quantity II: The cost price of article if after selling article at 20% profit is Rs 2,52,000

  1. Quantity I > Quantity II

  2. Quantity I ≥ Quantity II

  3. Quantity II > Quantity I

  4. Quantity II ≥ Quantity I
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Quantity I: CP = 175,000. MP = 175,000 × 1.4 = 245,000. After 20% discount: SP = 245,000 × 0.8 = 196,000. Quantity II: SP at 20% profit = 252,000, so CP = 252,000/1.2 = 210,000. Comparing: Quantity II (210,000) > Quantity I (196,000).

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