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 earns a profit of 24%, if he sells a product for Rs. 186. What will be his profit percentage, if he sells the product for Rs. 180?
Quantity B: A shopkeeper marks the price of a product 50% above its cost price and sells it at a discount of 20%. What is his profit percentage?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