Multiple choice

Directions: In the following question, we have two quantities given. Compare these quantities and answer accordingly. Quantity I. Selling price of an article, if the article is sold at 20% loss on the cost price of Rs. 18,900 Quantity II. Cost price of an article, if the article is sold at 10% profit and the selling price is Rs. 17,600

  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

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

Quantity I: 20% loss on 18,900 is 18,900 * 0.8 = 15,120. Quantity II: 10% profit means 1.1 * CP = 17,600, so CP = 17,600 / 1.1 = 16,000. Since 15,120 < 16,000, Quantity I < Quantity II.

AI explanation

For Quantity I, using the loss percentage formula, the selling price is 18900 * 0.80 = 15120. For Quantity II, using the cost price formula, the cost price equals 17600 / 1.10 = 16000. Comparing the two values shows 15120 is less than 16000, so Quantity I is less than Quantity II.