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) Rs.3,500
(b) Rs.2,000
(c) Rs.2,500
(d) Rs.3,000
The correct answers to the above question in:
Answer: (b)
Let the CP of article A be Rs.x
CP of article B = Rs.(5000 - x)
According to the question,
120% of x + 90% of (5000 - x) = 102% of 5000
120x + 450000 - 90x = 510000
30x = 510000 - 450000 = 60000
x = $60000/30$ = Rs.2000
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Read more 2 articles sold in diff rates Based Quantitative Aptitude Questions and Answers
Question : 1
A shopkeeper purchased a TV for Rs.2,000 and a radio for Rs.750. He sells the TV at a profit of 20% and the radio at a loss of 5%. The total loss or gain is
a) Loss Rs.300
b) Loss Rs.332
c) Gain Rs.362.50
d) Gain Rs.352.50
Answer »Answer: (c)
S.P. of TV = $2000 × 120/100$ = Rs.2400
S.P. of radio = ${750 × 95}/100$ = Rs.712.5
Total S.P. = 2400 + 712.5 = Rs.3112.50
Gain = 3112.5 - 2000 - 750 = Rs.362.50
Question : 2
A man purchases two fans for Rs.2,160. By selling one fan at a profit of 15% and the other at a loss of 9% he neither gains nor loses in the whole transaction. Find the cost price of each fan in Rs.
a) 1340, 820
b) 810, 1350
c) 1530, 630
d) 710, 1450
Answer »Answer: (b)
Let the C.P. of fans be Rs.x and Rs.y respectively.
${x × 15}/100 = {y × 9}/100$
$x/y = 9/15 = 3/5$
C.P. of first fan = $3/8 × 2160$ = Rs.810
& C.P. of second fan = $5/8 × 2160$ = Rs.1350
Question : 3
A man sold two articles at Rs.375 each. On one, he gains 25% and on the other, he loses 25%. The gain or loss% on the whole transaction is
a) 6 1 4 %
b) 5%
c) 4 1 6 %
d) 6%
Answer »Answer: (a)
Using Rule 10,If a man sells two similar objects, one at a loss of x% and another at a gain of x%, then he always incurrs loss in this transaction and loss% is $x^2/100%$
Here, both the articles are sold at the same price.
Hence, there is always loss.
Loss per cent= ${25 × 25}/100 = 25/4 = 6{1}/4$%
Question : 4
Two items A and B are sold at a profit of 10% and 15% respectively. If the amount of profit received is the same, then the cost price of A and B may be
a) Rs.3,000, Rs.5,000
b) Rs.3,000, Rs.2,000
c) Rs.5,000 Rs.2,000
d) Rs.1,000, Rs.1,500
Answer »Answer: (b)
Check through option 10% of 3000
= ${3000 × 10}/100$ = Rs.300
15% of 2000
= ${2000 × 15}/100$ = Rs.300
Question : 5
A television and a refrigerator were sold for Rs.12,000 each. If the television was sold at a loss of 20% of the cost and the refrigerator at a gain of 20% of the cost, the entire transaction resulted in
a) Loss of Rs.1,200
b) Gain of Rs.1,000
c) Loss of Rs.1,000
d) No loss or gain
Answer »Answer: (c)
CP of Television = ${12,000}/80 × 100$ = Rs.15000
CP of refrigerator = ${12,000}/120 × 100$ = Rs.10,000
Total C.P. = 15000 + 10,000 = Rs.25000
SP of both = Rs.24,000
∴ Loss = 25,000 - 24,000 = Rs.1000
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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