insurence exam AIC MT (Generalist & IT) Mock Test Series 2025 Quantitative Aptitude Profit and Loss Discount and MP
A trader marked his goods 60% more than the cost price. If he increased the selling price by 25%, his profit will be double. If the M.R.P of his goods is Rs. 480 then, what was the actual selling price of goods?
1
Rs. 450
2
Rs. 600
3
Rs. 500
4
Rs. 550
5
Rs. 400