---
title: "FLT 1 - Arithmetic Word Problem (Q56): A retail vendor purchased an article for ₹970 and sold it at a profit of 20%. What was the selling pr"
canonical_url: "https://testx.in/questions/01a12e6b-addb-7bc5-9570-660d5f10865c/flt-1-arithmetic-word-problem-q56"
subject: "Quantitative Aptitude"
topic: "Profit, Loss & Discount"
difficulty: "EASY"
verified: false
cite_as: "TestX — Quantitative Aptitude (Profit, Loss & Discount): https://testx.in/questions/01a12e6b-addb-7bc5-9570-660d5f10865c/flt-1-arithmetic-word-problem-q56"
---
# FLT 1 - Arithmetic Word Problem (Q56): A retail vendor purchased an article for ₹970 and sold it at a profit of 20%. What was the selling price of the article?
- **Subject**: Quantitative Aptitude
- **Topic**: Profit, Loss & Discount
- **Difficulty**: EASY
- **Canonical URL**: https://testx.in/questions/01a12e6b-addb-7bc5-9570-660d5f10865c/flt-1-arithmetic-word-problem-q56
## Options
- **(A)** ₹1164
- **(B)** ₹1179
- **(C)** ₹1152
- **(D)** ₹1189
- **(E)** ₹1144
## Verified Answer
**Correct Answer**: Option (A): ₹1164
### ⚡ 10-Second Exam Shortcut Trick
⚡ 10-Second Exam Shortcut: Eliminate options ending in incorrect units or calculate unit digits first before solving full arithmetic.
### 📝 Step-by-Step Derivation
1. Analyze the given condition or equation.
2. Apply the standard formula or deduction rules.
3. Correct choice is (A): ₹1164
### ⚠️ Common Trap to Avoid
⚠️ Common Trap: Misreading inverse proportions or rushing calculation in the last algebraic step.

### 💡 Exam Tip
💡 Exam Tip: Always verify if question asks for perimeter, area, or remaining fraction.

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