Question

The cost price of two mobiles 'M' and 'N' is Rs. 22,000 and Rs. 28,000 respectively. The shopkeeper marked up the prices of mobile 'M' and 'N' by 45% and 55% respectively. Mobile 'M' is sold after allowing a discount of 30% while mobile 'N' is sold at a profit of 18%. Which of the following statement(s) is/are false according to the given data? (

  • I Selling price of mobile 'M' is Rs. 23,100. (I
  • I Discount offered on buying mobile 'N' is 12%. (II
  • I Profit earned on selling mobile 'N' is less than that on selling mobile 'M'.
A Both I and III
B Only I
C Only III
D Both I and II
E All of I, II and III
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