Multiple Choice Questions on Quantity I A shopkeeper sold two books X and Y of same marked price but discounts given on both the ........... for SBI(PO) Exam Preparation

Arithmatic inequalities

Quantitative Aptitude (SBI-PO)

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    Quantity I: A shopkeeper sold two books X and Y of same marked price but discounts given on both the books are different. On book X, the shopkeeper gives two successive discounts of 10% and 15% and on book Y, he gives a discount of 28%. If the difference between the selling prices of both the books is Rs.27. Find the marked price of each book.

    Quantity II: A shopkeeper sold an article at Rs.490 at a loss of 12.5%. If the shopkeeper marked the article at 7(1/7)% above the cost price. Find the marked price of the article.

    Quantity I > Quantity II
    Incorrect Answer
    Quantity I < Quantity II
    Incorrect Answer
    No relation.
    Correct Answer
    Quantity I >= Quantity II
    Incorrect Answer

    Quantity II > Quantity I

    Incorrect Answer
    Explanation:

    From I: Let MP be Rs.x.
    Total discount on book X = 10+15-{(10*15)/100} = 23.5%
    SP of book X = 0.765x
    Discount on book Y = 28%
    SP on book Y = 0.72x
    Now, 0.765x – 0.72x = 27
    => x = Rs.600
    From II: SP of the article = Rs.490
    Loss% = 12.5%
    CP = 490/0.875 = Rs.560
    MP of the article = 560*(7.5/7) = Rs.600
    No relation.

    Hence, option 3 is the correct answer.


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