Question

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. On a certain article, the percentage of profit earned on selling it is 'a'% and the percentage of discount offered on its marked price is 'b'%. We have, a:b = 8:5 and the marked price of the item is 65% more than its cost price and the selling price of the article is Rs. 2816 more than its cost price. Quantity I: If the seller marks the price of the item by 50% more than its cost price and allows the discount of 30%, then find the new selling price of the item. Quantity II: If the value of 'z' is Rs. 104 less than the original amount of discount given, then find the value of 3z.

A Quantity-I > Quantity-II
B Quantity-I < Quantity-II
C Quantity-I ≤ Quantity-II
D Quantity-I = Quantity-II or No relation
E Quantity-I ≥ Quantity-II
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