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Management Aptitude Test 2016 Paper

\text{boDirections}

(Q. Nos. 151-160) Each of these has a question followed by I and II.

Mark answer

(a) if statement II alone is sufficient to provide the answer

(b) if statement I alone is sufficient to provide the answer(

c) if both statements are required to provide the answer

(d) if neither statement I nor II is sufficient to provide the answer

Question : 155 of 200

Marks: +1, -0

II. The toy sold for ?₹50.

Solution:

(b) Let the wholesale price be ₹ x

.Then, MP = ₹ 1.2x

\;\;\;\;\;

II MP =

\frac{90}{100}

× 1.2x

then profit = ₹ 10

⇒

\frac{90}{100}

× 1.2x - x =10

⇒ 0.08x = 10

⇒x =

\frac{10}{0.08}

= ₹ 125

So, Statement I alone is required to give the answer.

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