model 8 two article sold in different rates Section-Wise Topic Notes With Detailed Explanation And Example Questions
MOST IMPORTANT quantitative aptitude - 11 EXERCISES
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New 199+ Profit & Loss Aptitude MCQs with Basic C.P & S.P »
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Top 250+ Profit & Loss Problems with Gain Lost Percentage »
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249+ Profit & Loss Aptitude MCQs Gain Lost % with C.P S.P »
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189+ Profit Loss Aptitude Sold Bought Practice MCQ Test »
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Top 179+ Profit & Loss Aptitude Practice Test for Bank Exam »
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New 189+ Profit and Loss Aptitude MCQs for All Govt Exams »
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189+ Profit and Loss Questions for All Competitive Exams »
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New 199+ Profit and Loss MCQ Test with Shortcuts, Tricks »
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Top 199+ Profit and Loss Aptitude Practice Test For UPSC »
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New 249+ Profit and Loss Questions and Answers for TNPSC »
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New 249+ Profit and Loss Questions and Answers for TNPSC »
The following question based on profit & loss topic of quantitative aptitude
(a) 4% loss
(b) 4% profit
(c) 2% loss
(d) 1% profit
The correct answers to the above question in:
Answer: (a)
Using Rule 10,
Required loss % = $(20)^2/100 = 400/100$ = 4%
Discuss Form
Read more 2 articles sold in diff rates Based Quantitative Aptitude Questions and Answers
Question : 1
Two-third of a consignment was sold at a profit of 5% and the remainder at a loss of 2%. If the total profit was Rs.400, then the value of the consignment was
a) Rs.16,500
b) Rs.16,000
c) Rs.15,500
d) Rs.15,000
Answer »Answer: (d)
Let the price of the sent items be x.
According to the question,
${2x}/3 × 5/100 - x/3 × 2/100$ = 400
${10x}/3 - {2x}/3$ = 400 × 100
${8x}/3 = 40000 ⇒ x = {40000 × 3}/8$ = Rs.15000
Question : 2
A person bought two bicycles for Rs.1600 and sold the first at 10% profit and the second at 20% profit. If he sold the first at 20% profit and the second at 10% profit, he would get Rs.5 more. The difference of the cost price of the two bicycles was :
a) Rs.75
b) Rs.25
c) Rs.40
d) Rs.50
Answer »Answer: (d)
If the C.P. of first cycle be x, then C.P. of second cycle = Rs.(1600 - x ).
Then, ${x × 120}/100 + {(1600 - x) × 110}/100$
$- {x × 110}/100 - {(1600 - x) × 120}/100$ = 5
12x + 17600 - 11x - 11x - 19200 + 12 x = 50
2x = 50 + 19200 - 17600
2x = 1650 ⇒ x = 825
C.P. of second cycle
= 1600 - 825 = Rs.775
Difference = 825 - 775 = Rs.50
Question : 3
A man had 100 kgs of sugar, part of which he sold at 7% profit and rest at 17% profit. He gained 10% on the whole. How much did he sell at 7% profit ?
a) 70 kg
b) 30 kg
c) 35 kg
d) 65 kg
Answer »Answer: (a)
Let the amount of sugar sold at 7% profit be x kg. and let C.P. per kg be Rs.1.
Total C.P. = Rs.100
Total S.P. = 107% of x + 117% of (100 - x )
= 1.07x + 1.17 (100 - x )
= 1.07x + 117 - 1.17x = 117 - 0.1x
117 - 0.1x = 110% of 100
0.1x = 117 - 110 = 7
x = $7/{0.1}$ = 7 × 10 = 70 kg.
Question : 4
The total cost price of two watches is Rs.840. One is sold at a profit of 16 per cent and the other at a loss of 12 per cent. There is no loss or gain in the whole transaction. The cost price of the watch on which the shopkeeper gains, is
a) Rs.390
b) Rs.380
c) Rs.370
d) Rs.360
Answer »Answer: (d)
Let the cost price of first watch which sold on 16 per cent be x.
Then cost price of second watch = (840 - x )
According to the question,
$x × 116/100 + (800 - x) × 88/100$ = 840
$116/100 + {73920 - 88x}/100$ = 840
116x - 88x = 84000 - 73920
28x = 10080 ⇒ x = $10080/28$ = Rs.360
Question : 5
A man sells two chairs at Rs.120 each and by doing so gains 25% on one chair and loses 25% on the other. His loss on the whole in Rs. is
a) 30
b) 25
c) 16
d) 20
Answer »Answer: (c)
C.P. of first chair = $100/125 × 120$ = Rs.96
C.P. of second chair = $100/75 × 120$ = Rs.160
∴ Loss = 160 + 96 - 240 = Rs.16
Question : 6
A man sells two articles at Rs.99 each. On one he gains 10% and on the other he loses 10%. What is his gain or loss per cent on the whole transaction ?
a) Profit, 1.5%
b) Profit, 1%
c) Loss, 1.5%
d) Loss, 1%
Answer »Answer: (d)
Using Rule 10,
Loss % = x% of x or $x^2/100$
Here, x = 10
Loss% = ${10 × 10}/100$ = 1%
GET profit & loss PRACTICE TEST EXERCISES
Model 1 Basic Concepts of C.P and S.P
model 2 gain lost percentage
model 3 gain/loss % with C.P/S.P
model 4 sold & brought
model 5 marked price
model 6 sold in circular path
model 7 sold at loss
model 8 two article sold in different rates
model 9 selling an article & interchanging its values
model 10 reduced/increased price of an article
model 11 ratio & partnership
profit & loss Shortcuts and Techniques with Examples
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Model 1 Basic Concepts of C.P and S.P
Defination & Shortcuts … -
model 2 gain lost percentage
Defination & Shortcuts … -
model 3 gain/loss % with C.P/S.P
Defination & Shortcuts … -
model 4 sold & brought
Defination & Shortcuts … -
model 5 marked price
Defination & Shortcuts … -
model 6 sold in circular path
Defination & Shortcuts … -
model 7 sold at loss
Defination & Shortcuts … -
model 8 two article sold in different rates
Defination & Shortcuts … -
model 9 selling an article & interchanging its values
Defination & Shortcuts … -
model 10 reduced/increased price of an article
Defination & Shortcuts … -
model 11 ratio & partnership
Defination & Shortcuts …
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