Question
The cost price of “cold
drinks” is ₹460. Its marked price is ₹40 less than its cost price, and then a 10% discount is given on the marked price. Quantity I: 120% of the cost price of “chips”. Quantity II: 94% of the selling price of “cold drinks”. In the question, two Quantities I and II are given. You have to solve both the Quantity to establish the correct relation between Quantity-I and Quantity-II and choose the correct option.Solution
Cost price (cold drinks) = 460 Marked price = 460 − 40 = 420 Selling price (after 10% discount) = 420 × 90/100 = 378 Quantity II = 94% of selling price = 378 × 94/100 = (378 × 94) / 100 = (37800 − 2268) / 100 = 35532 / 100 = 355.32 Quantity I = 120% of cost price of chips = 1.2 × (CP of chips) Since CP of chips is not given, Quantity I cannot be compared with 355.32. Correct option: Relationship cannot be established
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