MCQOPTIONS
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| 1. |
The ratio of the cost price to selling price of an article is in the ratio of 4 : 5. If the selling price was decreased by Rs. 500 then the ratio of the cost price to selling price will become 6 : 5. Quantity I : At what price (In Rs.) should the article be sold to earn a profit of 40% on the cost price? Quantity II : Rs. 1700 |
| A. | Quantity : I > Quantity : II |
| B. | Quantity : I ≥ Quantity : II |
| C. | Quantity : I < Quantity : II |
| D. | Quantity : II ≥ Quantity : I |
| E. | Quantity I = Quantity II or relation can't be established |
| Answer» D. Quantity : II ≥ Quantity : I | |