Given below are two quantities named 1 and 2. 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 among the possible answers.
Quantity 1: If the selling price is Rs.12000 and profit is 20 percent, then find the cost price.
Quantity 2: If the selling price is Rs.18000 and the discount is 25 percent, then find the marked price.
1
Quantity 1 > Quantity 2
2
Quantity 1 ≥ Quantity 2
3
Quantity 2 > Quantity 1
4
Quantity 2 ≥ Quantity 1
5
Quantity 1 = Quantity 2 or Relation cannot be established