Allied & ICAR Exam Bank • ALLIED_2549 NAT • 2 Marks

Section 8: General Aptitude

Quantitative Aptitude

Subtopic: Ratios & Percentages

Question Statement:

A dishonest trader marks his goods 20% above cost price and also cheats by 20% on weight (giving 800 g for 1 kg). His overall percentage gain is:

Answer Key:

50

Step-by-Step Solution & Explanation

Factor $= 1.20 \times (1000 / 800) = 1.20 \times 1.25 = 1.50$, representing a 50% gain.
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