Question
A shopkeeper wants to earn a profit of 11 1/9 % even after giving two successive discounts of 16 2/3 % and 20% on the marked price of an article. If the cost price of the article for the shopkeeper is ₹1800, what should its marked price be?
Asked in RRB NTPC (UG) CBT-I · 2026
Discount and MP · Quantitative Aptitude
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Two discounts of 20% each give a net discount of 36%, not 40%.
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Questions Asked from Profit and Loss in Previous Exams
See how often Profit and Loss has appeared in previous-year questions across major government exams.
59UPSC Questions Asked in These Years:2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2026
39SSC Questions Asked in These Years:2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026
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55State PSC Questions Asked in These Years:2002, 2004, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025
Profit and Loss has appeared in 185 previous-year exam questions, most frequently in UPSC, State PSC and SSC.
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