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In the given questions, two quantities a...

In the given questions, two quantities are given. One as Quantity-I and another is Quantity-II. You have to determine relationship between these two quantities and choose the appropriate options as given below:
Ram sold a pen at `20%` discount thereby earning a profit of Rs60. Had he sold the pen without any discount he would have earned a profit of Rs 150.
Quantities:
I. Profit earned (in Rs) in the pen is sold at Rs400.
II. Profit earned (in Rs) if the pen is sold at `25%` profit.

A

Quantity- I `gt` Quantity-II

B

Quantity- I `lt` Quantity-II

C

Quantity- I `le` Quantity-II

D

Quantity- I `ge` Quantity-II

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, let's break it down into manageable parts. ### Step 1: Determine the Cost Price (CP) of the Pen Let the cost price of the pen be \( CP = x \). ### Step 2: Selling Price with 20% Discount When Ram sold the pen at a 20% discount, he earned a profit of Rs. 60. Therefore, the selling price (SP) can be expressed as: \[ SP = CP + 60 = x + 60 \] Since he sold it at a 20% discount, we can express the selling price in terms of the marked price (MP): \[ SP = MP \times (1 - 0.20) = MP \times 0.80 \] Thus, we have: \[ x + 60 = MP \times 0.80 \quad (1) \] ### Step 3: Selling Price without Discount Had he sold the pen without any discount, he would have earned a profit of Rs. 150. Therefore, the selling price without discount can be expressed as: \[ SP_{no\ discount} = CP + 150 = x + 150 \] This selling price is equal to the marked price: \[ MP = x + 150 \quad (2) \] ### Step 4: Equate the Two Expressions for MP From equations (1) and (2), we can set them equal to each other: \[ \frac{x + 60}{0.80} = x + 150 \] ### Step 5: Solve for x Cross-multiplying gives us: \[ x + 60 = 0.80(x + 150) \] Expanding the right side: \[ x + 60 = 0.80x + 120 \] Rearranging gives: \[ x - 0.80x = 120 - 60 \] \[ 0.20x = 60 \] \[ x = \frac{60}{0.20} = 300 \] Thus, the cost price \( CP = 300 \). ### Step 6: Calculate Profit if Sold at Rs. 400 If the pen is sold at Rs. 400, the profit can be calculated as: \[ \text{Profit} = SP - CP = 400 - 300 = 100 \] So, Quantity I is 100. ### Step 7: Calculate Profit if Sold at 25% Profit To find the selling price at a 25% profit: \[ \text{Profit} = 25\% \text{ of } CP = 0.25 \times 300 = 75 \] Thus, the selling price at 25% profit is: \[ SP = CP + \text{Profit} = 300 + 75 = 375 \] So, Quantity II is 75. ### Step 8: Compare the Two Quantities - Quantity I: 100 - Quantity II: 75 ### Conclusion Since 100 (Quantity I) is greater than 75 (Quantity II), we conclude that: \[ \text{Quantity I} > \text{Quantity II} \] ### Final Answer The correct option is that Quantity I is greater than Quantity II. ---
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