Quantitative Aptitude • Percentage, Profit & LossEasy
A trader buys a wristwatch for ₹1,980 and sells it at a profit of 20%. What is the selling price?
A. ₹2,376✓ Correct Answer
B. ₹396
C. ₹1,584
D. ₹2,000
💡 Solution & Explanation
Profit is calculated on the cost price. Profit = 20% of ₹1,980 = ₹396. Selling price = cost price + profit = ₹1,980 + ₹396 = ₹2,376. Shortcut: selling price = cost × (100 + profit%) ÷ 100 = ₹1,980 × 120 ÷ 100.
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