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A Bike is available at 40% discount at showroom “A” and the same is available at only 25% discount at showroom “B”. Mr. Arun has just sufficient amount of Rs. 60,000 to purchase it at showroom “A”.
Quantity I: Difference between Marked Price and SP at Show Room “A”
Quantity II: Difference between Marked Price and SP at Show Room “B”
  • a)
    Quantity I > Quantity II
  • b)
    Quantity I < Quantity II
  • c)
    Quantity I ≥ Quantity II
  • d)
    Quantity I ≤ Quantity II
  • e)
    Quantity I = Quantity II or relation cannot be established
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
A Bike is available at 40% discount at showroom “A” and th...
Let the marked price be x.
Cost price (CP) = 40 % discount on MP = 0.6y = 60000
⇒ y= Rs.100000 MP
SP at Show Room “A” = Rs. 60000
SP at Show Room “B” = 100000 X 0.75 = 75000
Difference between Marked Price and SP at Show Room “A” = 40000
Difference between Marked Price and SP at Show Room “B” = 25000
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A Bike is available at 40% discount at showroom “A” and the same is available at only 25% discount at showroom “B”. Mr. Arun has just sufficient amount of Rs. 60,000 to purchase it at showroom “A”.Quantity I: Difference between Marked Price and SP at Show Room “A”Quantity II: Difference between Marked Price and SP at Show Room “B”a)Quantity I > Quantity IIb)Quantity I < Quantity IIc)Quantity I ≥ Quantity IId)Quantity I ≤ Quantity IIe)Quantity I = Quantity II or relation cannot be establishedCorrect answer is option 'A'. Can you explain this answer?
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