Multiple choice

Passage

Find the correct relationship between Quantity 1and Quantity 2.

Quantity 1 : Profit Percentage, if Some articles were bought at 6 articles for Rs. 5 and sold at 5 articles for Rs. 6. Quantity 2 : Profit Percentage, if 100 toys are bought at Rs. 350 and sold at the rate of Rs. 48 per dozen.

  1. Quantity 1 > Quantity 2

  2. Quantity 1 ≥ Quantity 2

  3. Quantity 1 < Quantity 2

  4. Quantity 1 ≤ Quantity 2

  5. Quantity 1 = Quantity 2 or relationship cannot be established
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Quantity 1: CP of 6 articles = Rs. 5, so CP of 1 article = Rs. 5/6. SP of 5 articles = Rs. 6, so SP of 1 article = Rs. 6/5. Profit = SP - CP = 6/5 - 5/6 = (36 - 25)/30 = 11/30. Profit% = (11/30) / (5/6) * 100 = (11/30) * (6/5) * 100 = 44%. Quantity 2: 100 toys cost Rs. 350, so CP of 1 toy = Rs. 3.5. Sold at Rs. 48 per dozen, so SP of 1 toy = Rs. 48/12 = Rs. 4. Profit = 4 - 3.5 = Rs. 0.5. Profit% = 0.5/3.5 * 100 = 14.29%. Comparing: 44% > 14.29%, so Quantity 1 > Quantity 2.

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