FLT 1 - Arithmetic Word Problem (Q58): A retail vendor purchased an article for ₹1010 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

1. (A) ₹1212
2. (B) ₹1227
3. (C) ₹1200
4. (D) ₹1237
5. (E) ₹1192

Verified Answer

Option (A): ₹1212

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

1. Analyze the given condition or equation.
2. Apply the standard formula or deduction rules.
3. Correct choice is (A): ₹1212

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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