Allied & ICAR Exam Bank • ALLIED_2428 MCQ • 2 Marks

Section 8: General Aptitude

Quantitative Aptitude

Subtopic: Ratios & Percentages

Question Statement:

A seller marks his product 50% above cost price. If he allows a discount of 20%, his percentage profit is:

Options:

  • (A) 20%
  • (B) 25%
  • (C) 15%
  • (D) 30%

Answer Key:

A

Step-by-Step Solution & Explanation

$MP = 1.50 CP$. $SP = 1.50 \times 0.80 CP = 1.20 CP$. Profit percentage $= 20\%$.
← Previous (ALLIED_2427) Next (ALLIED_2429) →

Practice In Authentic CBT Exam Interface

Test your skills under authentic timed conditions with live scoring and AIR percentile ranking.

Launch CBT Mock Test