Mathematics · Partnership and Profit & Loss
Compare the two quantities given below: Quantity I: The cost price of two articles together is Rs. 12000. If one article is sold at a profit of 20% while the other is sold at a loss of 12%, find the absolute difference between the cost prices of the two articles if there is overall no profit and no loss on selling both articles. Quantity II: A, B and C entered into a business by investing their sum in the ratio of 2:3:5 respectively and the ratio of time for which they made their investment is 3:2:1 respectively. If the total profit earned is Rs. 8500, then find the profit share of B.
- 1Quantity I = Quantity II or No relation
- 2Quantity I ≤ Quantity II
- 3Quantity I < Quantity II
- 4Quantity I > Quantity II✓
Correct answer
Quantity I > Quantity II
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