Multiple Choice Questions on Quantity I A dealer marked the price of a mobile up by 15 A buyer used a coupon code which offered a........... for IBPS (PO/SO) Preparation

Arithmatic inequalities

Quantitative Aptitude(IBPS PO)

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    Direction: Each question contains a statement followed by Quantity I, II and III. Read the information clearly and answer your questions accordingly. The options represent the relations between these three quantities
    A) > B) <
    C) = D) ≤
    E) ≥
    For example:
    Quantity I = 200
    Quantity II = 300
    Quantity III = 100
    Hence, B, A
    a) A, B b) B, C
    c) B, A d) E, B
    e) B, D


    Quantity I: A dealer marked the price of a mobile up by 15%. A buyer used a coupon code which offered a discount of Rs 500 on the marked price. Additionally, he got a cashback of 10% on using credit card. The purchase price of the mobile if the cost price was Rs 12000.

    Quantity II: Hashim, Faf and Jean invested in a business in the ratio 7:8:9. The share of Hashim in the total profit of Rs 41040 Quantity III: The amount received after three years if a sum of Rs 9000 is invested at compound interest of 10% per annum.

     A, C 

    Incorrect Answer

    C, C

    Incorrect Answer

    A, A 

    Incorrect Answer

    C, B

    Correct Answer

    B, C

    Incorrect Answer
    Explanation:

    Quantity I:
    MP = 12000 x 1.15 = Rs 13800
    Price after coupon discount = 13800 – 500 = Rs 13300
    Purchase price = 13300 x 0.9 = Rs 11970
    Quantity II: Share of Hashim = 7/(7+8+9) x 41040 = Rs 11970
    Quantity III: Amount = 9000 x (1.1)3 = 9000 x 1.331 = Rs 11979
    Therefore, C, B


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