Given below are two quantities named A and B. Based on the given information, you have to determine the relation between the two quantities. You should use the given data and your knowledge of Mathematics to choose between the possible answers. Quantity A: Profit percent when an article of cost price Rs. 140 is sold for Rs. 168. Quantity B: Percentage discount availed by customer when he buys an article with marked price Rs. 2000 for Rs. 1800.

Given below are two quantities named A and B. Based on the given information, you have to determine the relation between the two quantities. You should use the given data and your knowledge of Mathematics to choose between the possible answers.

Quantity A: Profit percent when an article of cost price Rs. 140 is sold for Rs. 168.

Quantity B: Percentage discount availed by customer when he buys an article with marked price Rs. 2000 for Rs. 1800.

A Quantity B > Quantity A

B Quantity B < Quantity A

C Quantity B ≥ Quantity A

D Quantity B ≤ Quantity A

E Quantity B = Quantity A

Solution

Correct Answer: Option B

First we will find Quantity A,

Quantity A:

Here, Cost price (CP) = 140 and

Selling Price (SP) = 168

% Profit = (SP - CP)/CP × 100

⇒ % Profit = (168 - 140)/140 × 100 = 20

Now,

Quantity B:

Here, Marked Price (MP) = 2000

Selling Price (SP) = 1800

% Discount = (MP - SP)/MP × 100

⇒ % Discount = (2000 - 1800)/2000 × 100 = 10

Clearly, Quantity B < Quantity A

Solution

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