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Directions: Study the following information carefully and answer the questions given below.
Quantity I: A shopkeeper marks up his product by 60% above the cost price then gives 20% discount. Find the profit percentage of the shopkeeper?
Quantity II: A person buys a cycle at Rs.2500,and then he spends Rs.750 in repairing then sells the cycle at Rs.3500. Find the profit percentage of the person?
Quantity III: A shopkeeper marked up an item 15% more than cost price and if he sold the item at 5% more than the marked price, find the profit percentage?
- a)Quantity I > Quantity II = Quantity III
- b)Quantity I ≥ Quantity II > Quantity III
- c)Quantity I > Quantity II < quantity="" />
- d)Quantity II < quantity="" i="" />< quantity="" />
- e)Quantity I = Quantity II > Quantity III
Correct answer is option 'C'. Can you explain this answer?
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Most Upvoted Answer
Directions: Study the following information carefully and answer the ...
Quantity I: Shopkeeper's Profit Percentage
- Cost Price (CP): Let CP = 100 (for simplicity)
- Marked Price (MP): 100 + 60% of 100 = 160
- Selling Price (SP): 160 - 20% of 160 = 160 - 32 = 128
- Profit: SP - CP = 128 - 100 = 28
- Profit Percentage: (Profit/CP) * 100 = (28/100) * 100 = 28%
Quantity II: Person's Profit Percentage
- Cost Price (CP): 2500 + 750 (repair) = 3250
- Selling Price (SP): 3500
- Profit: SP - CP = 3500 - 3250 = 250
- Profit Percentage: (Profit/CP) * 100 = (250/3250) * 100 = 7.69% (approximately)
Quantity III: Shopkeeper's Marked Price Profit Percentage
- Cost Price (CP): Let CP = 100
- Marked Price (MP): 100 + 15% of 100 = 115
- Selling Price (SP): 115 + 5% of 115 = 115 + 5.75 = 120.75
- Profit: SP - CP = 120.75 - 100 = 20.75
- Profit Percentage: (Profit/CP) * 100 = (20.75/100) * 100 = 20.75%
Final Comparison
- Quantity I: 28%
- Quantity II: 7.69%
- Quantity III: 20.75%
Based on the calculations:
- Quantity I is greater than Quantity II and Quantity III.
Thus, the correct answer is option 'C': Quantity I > Quantity II.
- Cost Price (CP): Let CP = 100 (for simplicity)
- Marked Price (MP): 100 + 60% of 100 = 160
- Selling Price (SP): 160 - 20% of 160 = 160 - 32 = 128
- Profit: SP - CP = 128 - 100 = 28
- Profit Percentage: (Profit/CP) * 100 = (28/100) * 100 = 28%
Quantity II: Person's Profit Percentage
- Cost Price (CP): 2500 + 750 (repair) = 3250
- Selling Price (SP): 3500
- Profit: SP - CP = 3500 - 3250 = 250
- Profit Percentage: (Profit/CP) * 100 = (250/3250) * 100 = 7.69% (approximately)
Quantity III: Shopkeeper's Marked Price Profit Percentage
- Cost Price (CP): Let CP = 100
- Marked Price (MP): 100 + 15% of 100 = 115
- Selling Price (SP): 115 + 5% of 115 = 115 + 5.75 = 120.75
- Profit: SP - CP = 120.75 - 100 = 20.75
- Profit Percentage: (Profit/CP) * 100 = (20.75/100) * 100 = 20.75%
Final Comparison
- Quantity I: 28%
- Quantity II: 7.69%
- Quantity III: 20.75%
Based on the calculations:
- Quantity I is greater than Quantity II and Quantity III.
Thus, the correct answer is option 'C': Quantity I > Quantity II.
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Community Answer
Directions: Study the following information carefully and answer the ...
Quantity I,
If cost price is 100x then selling price is
= 100x*(160/100) *(80/100)= 128x
So, profit percentage is 28%
Quantity II,
Required profit percentage = [{3500-(2500+750)}/3250] *100=7.69%
Quantity III,
If cost price is 100x, selling price = 100x*115/100*105/100= 120.75x
So, profit percentage = 20.75%
Quantity I > Quantity II < quantity="" />
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Directions: Study the following information carefully and answer the questions given below.Quantity I: A shopkeeper marks up his product by 60% above the cost price then gives 20% discount. Find the profit percentage of the shopkeeper?Quantity II: A person buys a cycle at Rs.2500,and then he spends Rs.750 in repairing then sells the cycle at Rs.3500. Find the profit percentage of the person?Quantity III: A shopkeeper marked up an item 15% more than cost price and if he sold the item at 5% more than the marked price, find the profit percentage?a)Quantity I > Quantity II = Quantity IIIb)Quantity I ≥ Quantity II > Quantity IIIc)Quantity I > Quantity II d)Quantity II e)Quantity I = Quantity II > Quantity IIICorrect answer is option 'C'. Can you explain this answer?
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Directions: Study the following information carefully and answer the questions given below.Quantity I: A shopkeeper marks up his product by 60% above the cost price then gives 20% discount. Find the profit percentage of the shopkeeper?Quantity II: A person buys a cycle at Rs.2500,and then he spends Rs.750 in repairing then sells the cycle at Rs.3500. Find the profit percentage of the person?Quantity III: A shopkeeper marked up an item 15% more than cost price and if he sold the item at 5% more than the marked price, find the profit percentage?a)Quantity I > Quantity II = Quantity IIIb)Quantity I ≥ Quantity II > Quantity IIIc)Quantity I > Quantity II d)Quantity II e)Quantity I = Quantity II > Quantity IIICorrect answer is option 'C'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Directions: Study the following information carefully and answer the questions given below.Quantity I: A shopkeeper marks up his product by 60% above the cost price then gives 20% discount. Find the profit percentage of the shopkeeper?Quantity II: A person buys a cycle at Rs.2500,and then he spends Rs.750 in repairing then sells the cycle at Rs.3500. Find the profit percentage of the person?Quantity III: A shopkeeper marked up an item 15% more than cost price and if he sold the item at 5% more than the marked price, find the profit percentage?a)Quantity I > Quantity II = Quantity IIIb)Quantity I ≥ Quantity II > Quantity IIIc)Quantity I > Quantity II d)Quantity II e)Quantity I = Quantity II > Quantity IIICorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: Study the following information carefully and answer the questions given below.Quantity I: A shopkeeper marks up his product by 60% above the cost price then gives 20% discount. Find the profit percentage of the shopkeeper?Quantity II: A person buys a cycle at Rs.2500,and then he spends Rs.750 in repairing then sells the cycle at Rs.3500. Find the profit percentage of the person?Quantity III: A shopkeeper marked up an item 15% more than cost price and if he sold the item at 5% more than the marked price, find the profit percentage?a)Quantity I > Quantity II = Quantity IIIb)Quantity I ≥ Quantity II > Quantity IIIc)Quantity I > Quantity II d)Quantity II e)Quantity I = Quantity II > Quantity IIICorrect answer is option 'C'. Can you explain this answer?.
Directions: Study the following information carefully and answer the questions given below.Quantity I: A shopkeeper marks up his product by 60% above the cost price then gives 20% discount. Find the profit percentage of the shopkeeper?Quantity II: A person buys a cycle at Rs.2500,and then he spends Rs.750 in repairing then sells the cycle at Rs.3500. Find the profit percentage of the person?Quantity III: A shopkeeper marked up an item 15% more than cost price and if he sold the item at 5% more than the marked price, find the profit percentage?a)Quantity I > Quantity II = Quantity IIIb)Quantity I ≥ Quantity II > Quantity IIIc)Quantity I > Quantity II d)Quantity II e)Quantity I = Quantity II > Quantity IIICorrect answer is option 'C'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Directions: Study the following information carefully and answer the questions given below.Quantity I: A shopkeeper marks up his product by 60% above the cost price then gives 20% discount. Find the profit percentage of the shopkeeper?Quantity II: A person buys a cycle at Rs.2500,and then he spends Rs.750 in repairing then sells the cycle at Rs.3500. Find the profit percentage of the person?Quantity III: A shopkeeper marked up an item 15% more than cost price and if he sold the item at 5% more than the marked price, find the profit percentage?a)Quantity I > Quantity II = Quantity IIIb)Quantity I ≥ Quantity II > Quantity IIIc)Quantity I > Quantity II d)Quantity II e)Quantity I = Quantity II > Quantity IIICorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: Study the following information carefully and answer the questions given below.Quantity I: A shopkeeper marks up his product by 60% above the cost price then gives 20% discount. Find the profit percentage of the shopkeeper?Quantity II: A person buys a cycle at Rs.2500,and then he spends Rs.750 in repairing then sells the cycle at Rs.3500. Find the profit percentage of the person?Quantity III: A shopkeeper marked up an item 15% more than cost price and if he sold the item at 5% more than the marked price, find the profit percentage?a)Quantity I > Quantity II = Quantity IIIb)Quantity I ≥ Quantity II > Quantity IIIc)Quantity I > Quantity II d)Quantity II e)Quantity I = Quantity II > Quantity IIICorrect answer is option 'C'. Can you explain this answer?.
Solutions for Directions: Study the following information carefully and answer the questions given below.Quantity I: A shopkeeper marks up his product by 60% above the cost price then gives 20% discount. Find the profit percentage of the shopkeeper?Quantity II: A person buys a cycle at Rs.2500,and then he spends Rs.750 in repairing then sells the cycle at Rs.3500. Find the profit percentage of the person?Quantity III: A shopkeeper marked up an item 15% more than cost price and if he sold the item at 5% more than the marked price, find the profit percentage?a)Quantity I > Quantity II = Quantity IIIb)Quantity I ≥ Quantity II > Quantity IIIc)Quantity I > Quantity II d)Quantity II e)Quantity I = Quantity II > Quantity IIICorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams.
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Here you can find the meaning of Directions: Study the following information carefully and answer the questions given below.Quantity I: A shopkeeper marks up his product by 60% above the cost price then gives 20% discount. Find the profit percentage of the shopkeeper?Quantity II: A person buys a cycle at Rs.2500,and then he spends Rs.750 in repairing then sells the cycle at Rs.3500. Find the profit percentage of the person?Quantity III: A shopkeeper marked up an item 15% more than cost price and if he sold the item at 5% more than the marked price, find the profit percentage?a)Quantity I > Quantity II = Quantity IIIb)Quantity I ≥ Quantity II > Quantity IIIc)Quantity I > Quantity II d)Quantity II e)Quantity I = Quantity II > Quantity IIICorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Directions: Study the following information carefully and answer the questions given below.Quantity I: A shopkeeper marks up his product by 60% above the cost price then gives 20% discount. Find the profit percentage of the shopkeeper?Quantity II: A person buys a cycle at Rs.2500,and then he spends Rs.750 in repairing then sells the cycle at Rs.3500. Find the profit percentage of the person?Quantity III: A shopkeeper marked up an item 15% more than cost price and if he sold the item at 5% more than the marked price, find the profit percentage?a)Quantity I > Quantity II = Quantity IIIb)Quantity I ≥ Quantity II > Quantity IIIc)Quantity I > Quantity II d)Quantity II e)Quantity I = Quantity II > Quantity IIICorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Directions: Study the following information carefully and answer the questions given below.Quantity I: A shopkeeper marks up his product by 60% above the cost price then gives 20% discount. Find the profit percentage of the shopkeeper?Quantity II: A person buys a cycle at Rs.2500,and then he spends Rs.750 in repairing then sells the cycle at Rs.3500. Find the profit percentage of the person?Quantity III: A shopkeeper marked up an item 15% more than cost price and if he sold the item at 5% more than the marked price, find the profit percentage?a)Quantity I > Quantity II = Quantity IIIb)Quantity I ≥ Quantity II > Quantity IIIc)Quantity I > Quantity II d)Quantity II e)Quantity I = Quantity II > Quantity IIICorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Directions: Study the following information carefully and answer the questions given below.Quantity I: A shopkeeper marks up his product by 60% above the cost price then gives 20% discount. Find the profit percentage of the shopkeeper?Quantity II: A person buys a cycle at Rs.2500,and then he spends Rs.750 in repairing then sells the cycle at Rs.3500. Find the profit percentage of the person?Quantity III: A shopkeeper marked up an item 15% more than cost price and if he sold the item at 5% more than the marked price, find the profit percentage?a)Quantity I > Quantity II = Quantity IIIb)Quantity I ≥ Quantity II > Quantity IIIc)Quantity I > Quantity II d)Quantity II e)Quantity I = Quantity II > Quantity IIICorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Directions: Study the following information carefully and answer the questions given below.Quantity I: A shopkeeper marks up his product by 60% above the cost price then gives 20% discount. Find the profit percentage of the shopkeeper?Quantity II: A person buys a cycle at Rs.2500,and then he spends Rs.750 in repairing then sells the cycle at Rs.3500. Find the profit percentage of the person?Quantity III: A shopkeeper marked up an item 15% more than cost price and if he sold the item at 5% more than the marked price, find the profit percentage?a)Quantity I > Quantity II = Quantity IIIb)Quantity I ≥ Quantity II > Quantity IIIc)Quantity I > Quantity II d)Quantity II e)Quantity I = Quantity II > Quantity IIICorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice Banking Exams tests.
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