Given below are two quantities named A & 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.
The cost price of a bicycle is Rs. 200 and the selling price is Rs. 240.
Quantity A: Find the profit percent, if the discount percent is increased from 20% to 30%.
Quantity B: If the selling price is increased by 20%, then find the profit percent.
1
Quantity A > Quantity B
2
Quantity A < Quantity B
3
Quantity A ≤ Quantity B
4
Quantity A ≥ Quantity B
5
Quantity A = Quantity B or No relation possible