New NABARD Grade A 2024 Results out!! Register here for a free live workshop on Feb 26, 2025 at 5 PM. Only on Zoom.

    Question

    In the question, two quantities i.e. Quantity I and

    Quantity II are given. Solve the given quantities to establish the correct relation between them and choose the correct option. Quantity I: V and K venture into a construction business, deploying their capital in the ratio of 17:12, respectively. Their investment spans time in the ratio of 12:19. If K's share of the profit amounts to Rs. 741, then determine the combined total profit earned by V and K. Quantity II: A shopseller brought an item.1, elevating its marked price by a 70%. Upon selling it and applying successive discounts of 20% and 25%, the final selling price is Rs. 918. Uncover the cost of item.2, with a cost price 35% higher than that of item.1.
    A Quantity I > Quantity II Correct Answer Incorrect Answer
    B Quantity I < Quantity II Correct Answer Incorrect Answer
    C Quantity II ≥ Quantity I Correct Answer Incorrect Answer
    D Quantity I ≥ Quantity II Correct Answer Incorrect Answer
    E Quantity I = Quantity II or relation is not established Correct Answer Incorrect Answer

    Solution

    ATQ, Quantity I Profit Ratio, V:K = (17 × 12) : (12 × 19) = 17 : 19 Total Profit = 741 × (36/19) = Rs.1404 Quantity II CP of item.1= {918/(0.75 × 0.8 × 1.7)} = (918/1.02) = Rs.900 CP of item.2 = 900 × 1.35 = Rs.1215 Hence, Quantity I > Quantity II

    Practice Next

    Relevant for Exams: