In the following question, two statements are numbered as A and B. On solving these statements we get quantities A and B respectively. Solve for the both quantities and choose the correct option.
Quantity A: A shopkeeper marks the price of his product 20% above its cost price and sells it at a discount of 10%. If he earns a profit of Rs. 120, what is the cost price of the product?
Quantity B: A product is successively sold twice earning a profit of 10% and 20% respectively. If the original cost price of the product is Rs. 1050, what is the final selling price of the product?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