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Given below are two quantities named A and B. Based on the given information, you have to determine the relation between the two quantities. You should use the given data and your knowledge of Mathematics to choose between the possible answers.Quantity A: A dishonest dealer promises to sell his goods at 44% loss but uses 30% less weight. Find his actual loss percentage.Quantity B: 22%1. Quantity A > Quantity B2. Quantity A < Quantity B3. Quantity A ≥ Quantity B4. Quantity A ≤ Quantity B5. Quantity A = Quantity B or No relation. |
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Answer» Correct Answer - Option 2 : Quantity A < Quantity B Quantity A: Suppose dealer’s cost price is Rs. 1000 for 1000 gram good. As, he is using 30% less weight, ⇒ Actual quantity sold = 1000 – 30% of 1000 = 700 gm ⇒ Actual Cost price = Rs. 700 Also, he promises to sell his goods at 44% loss, ⇒ Actual selling price = 1000 – 44% of 1000 = 1000 × 0.56 = Rs. 560 ⇒ Actual loss = {(700 – 560)/700} × 100 = 20% Quantity B: 22% ∴ Quantity A < Quantity B |
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