Mathematics · Profit and Loss
Solve for Quantity-I and Quantity-II to establish the correct relationship between them: Quantity-I: The cost price and selling price of a chair are in the ratio 8 : 9 and the seller gave a 40% discount on the marked price. If the marked price is Rs. 350 more than the cost price, find the difference between the amount of discount offered and the amount of profit earned. Quantity-II: Seema and Nitin enter into a partnership with investments of Rs. 1200 and Rs. 3000 respectively. At the end of one year, they receive Rs. X as total profit. If 20% of the total profit goes to charity and Seema receives Rs. 320 out of the remaining profit, find the value of X.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 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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