Question

A merchant earned a profit of Rs. 75 on the selling price of a sweater that cost the merchant Rs. 450. Quantity
I. The profit expressed as a percentage of the cost to the merchant. Quantity
II. The profit expressed as a percentage of the selling price.

Study the following information carefully and answer the Questions given below:
A Quantity I > Quantity II
B Quantity I < Quantity II
C Quantity I ≥ Quantity II
D Quantity I ≤ Quantity II
E Quantity I = Quantity II or No relation can be established
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