Miscellaneous Question 98
In each question, there are two different statements given as Quantity I and Quantity II. You have to consider the statements individually and mark your answer accordingly as per the given codes.
(1) Quantity I $>$ Quantity II
(2) Quantity I $<$ Quantity II
(3) Quantity I $\geq$ Quantity II
(4) Quantity I $\leq$ Quantity II
(5) Quantity I = Quantity II or relationship cannot be established (IBPS RRBs Officer CWE Prelim Exam, 13.09.2020)
- Quantity I : What is the percent of profit when an article of cost price Rs. 1250 is sold for Rs. 1500.
Quantity II : Net discount percentage availed by customer when he gets two successive discounts of $10 \%$ and $12.5 \%$.
Show Answer
Correct Answer: 98. (2)
Solution: 98. (2) Quantity I :
Profit percent
$=\left(\frac{1500-1250}{1250}\right) \times 100$
$=\frac{250 \times 10}{125}=20 \%$
Quantity II :
Single equivalent discount
$=\left(x+y-\frac{x y}{100}\right) \%$
$=\left(10+12.5-\frac{10 \times 12.5}{100}\right) \%$
$=22.5-1.25$
$=21.25 \%$
Clearly,
quantity I < quantity II
BETA
