Multiple Choice Questions on Quantity I Selling price if cost price is Rs 24 000 and profit is 20 Quantity II Selling price if co........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

Quantity I Selling price if cost price is Rs 24 000 and profit is 20 Quantity II Selling price if co...........

Quantitative Aptitude ( CCS) Arithmatic inequalities
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    Quantity I: Selling price, if cost price is Rs 24,000 and profit is 20%

    Quantity II: Selling price, if cost price is Rs 24,000 and shopkeeper gained 16 2/3% after giving discount of 25%

    Quantity I > Quantity II

    Correct Answer

    Quantity I ≥ Quantity II

    Incorrect Answer

    Quantity II > Quantity I

    Incorrect Answer

    Quantity II ≥  Quantity I

    Incorrect Answer

    Quantity I = Quantity II or Relation cannot be established

    Incorrect Answer
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    Explanation:

    SP = 120/100 * 24000 = 28800
    Discount = 25% = 1/4 ( MP = 4, SP = 4-1 =3)
    Gain = 16 2/3% = 1/6 (CP = 6, SP = 6+1 = 7)
    Make SP same
    CP…………SP…………..MP
    18………….21………….28
    18 == 24000
    So 21 == 28000

    Hence, option 1 is the correct answer.

    By: Amit Kumar
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