Question
The cost price of two watches 'X' and 'Y' is Rs. 18,000 and Rs. 25,000 respectively. The shopkeeper marked up the prices of watch 'X' and 'Y' by 50% and 70% respectively. Watch 'X' is sold after allowing a discount of 20% while watch 'Y' is sold at a profit of 25%. Which of the following statement(s) is/are false according to the given data? (
- I Selling price of watch 'X' is Rs. 21,600. (I
- I Discount offered on buying watch 'Y' is 20%. (II
- I Profit earned on selling watch 'Y' is more than that on selling watch 'X'.
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