In the following question, two statements are numbered as A and B. On solving these statements, we get quantities A and B respectively. Solve both quantities and choose the correct option.
Quantity A: A shopkeeper marked the price of a product 25% above its cost price and sold it at a discount of 30%, thereby earning a loss of Rs. 360. At what discount percentage will he earn a profit of Rs. 360?
Quantity B: A shopkeeper earns a profit of 10% by marking his goods at 25% above the cost price and allowing a standard discount on the marked price. Find the rate of discount.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