Allied & ICAR Exam Bank • ALLIED_2389 MCQ • 2 Marks

Section 8: General Aptitude

Quantitative Aptitude

Subtopic: Ratios & Percentages

Question Statement:

A shopkeeper buys an article for Rs 450. What marked price should he display so that after allowing a discount of 10%, he still earns a profit of 20%?

Options:

  • (A) Rs 600
  • (B) Rs 580
  • (C) Rs 620
  • (D) Rs 550

Answer Key:

A

Step-by-Step Solution & Explanation

Required SP $= 450 \times 1.20 = 540$. Marked price $= 540 / 0.90 = 600$ rupees.
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