Profit and loss

Quantitative Aptitude (CHSL)

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A merchant purchases a bracelet for Rs. 690/- and fix that bracelet’s price in such a way that after allowing a discount of 10%, he earns a profit of 20%. Then the list price (in rupees) of the bracelet is ?

Rs900

Rs860

Rs880

Rs920

Explanation:

90…… 120
100…. ? ==> 400/3
100…… 690
400/3…. ?==> Rs920

Hence, option 4 is the correct answer.

By: Amit Kumar

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