# Profit and Loss - Quantitative Aptitude (MCQ) questions for Q. 21566

**Q. An article costs Rs. 600. What should be the marked price of an article so that after 10% discount, the trader makes 20% profit?***- Published on 06 May 16***a.** Rs. 800

**b.** Rs. 950

**c.** Rs. 1100

**d.** Rs. 1040

**ANSWER: Rs. 800**

Cost price of article = Rs. 600

Profit % = 20%

Therefore,

selling price of article = 120% of C.P.

= (120 / 100) * 600 = Rs. 720

Marked price = ?

Discount % = 10%

S.P. = Rs. 720

90% of M.P. = S.P.

90/100 * M.P. = 720

M.P. = 720 * (100/90) = Rs. 800