Question 5

The unit price of product P1 is non-increasing and that of product P2 is decreasing. Which product will be costlier 5 years hence?
I. Current unit price of P1 is twice that of P2.
II. 5 years ago, unit price of P2 was twice that of P1.

Solution

Considering first statement only,current unit price of P1 is twice that of P2 and, Rates of P1 and P2 are either decreasing or P1 has constant rate. Now we can't say that which product will be costlier aftre 5 years as nothing certain information is there about rates of decreasing. Similarly if we consider only 2nd statement or consider both statements simultaneously, nothing certain can be said about rate of decreasing hence D will be answer


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