Answer-Quantity I: The marked price (MRP) of an item is 30% higher than its cost price (CP). The item was s...

ATQ, Quantity I MRP of item 1.3 1,800 Rs. 2,340 Therefore, SP of item 2,340 - 290 Rs. 2,050 So, Quantity I Rs. 2,050 Quantity II Actual CP of second-hand phone for P 1,700 140 Rs. 1,840 SP of second-hand phone for P 1.12 1,840 Rs. 2,060.8 So, Quantity II Rs. 2,060.8 Therefore, Quantity-I lt Quantity-II

Question

Quantity I: The marked price (MR

P of an item is 30% higher than its cost price (C
P . The item was sold after providing a discount of Rs. 290. If the cost price of the item is Rs. 1800, determine the selling price (S
P of the item. Quantity II: 'P' purchased a second-hand phone for Rs. 1700 and spent Rs. 140 on repairs. He sold the phone at a profit of 12%. Calculate the price at which 'P' sold the phone.

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.

A Quantity-I > Quantity-II

B Quantity-I < Quantity-II

C Quantity-I ≥ Quantity-II

D Quantity-1 ≤ Quantity-II

E Quantity-I = Quantity-II or No relation

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