FLT 1 - Arithmetic Word Problem (Q55): A retail vendor purchased an article for ₹950 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
Options
- (A) ₹1140
- (B) ₹1155
- (C) ₹1128
- (D) ₹1165
- (E) ₹1120
Verified Answer
Option (A): ₹1140
10-Second 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
- Analyze the given condition or equation.
- Apply the standard formula or deduction rules.
- Correct choice is (A): ₹1140
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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Practice more Profit, Loss & Discount questions in SSC CGL Complete Test Series 2026.
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