model 2 gain lost percentage 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) 5% profit
(b) 2% profit
(c) 5% loss
(d) 2% loss
The correct answers to the above question in:
Answer: (b)
C.P. of article for A = Rs. 100
A’s S.P. = ${100 × 120}/100$ = Rs. 120
B’s S.P. = ${120 × 85}/100$ = Rs. 102
= C.P. for C
Required profit percent = 2%
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Read more gain lost percentage Based Quantitative Aptitude Questions and Answers
Question : 1
The cost price of 20 oranges is same with selling price of 16 oranges. The profit percentage is
a) 30%
b) 20%
c) 16%
d) 25%
Answer »Answer: (d)
Gain per cent = ${20 - 16}/16 × 100 = 25%$
Using Rule 8,
Here, x = 20, y = 16
Gain % = $({x - y}/y) × 100$
= ${20 - 16}/16 × 100 = 4/16 × 100 = 25%$
Question : 2
If the cost price of 50 oranges is equal to the selling price of 40 oranges, then the profit per cent is
a) 5%
b) 10%
c) 25%
d) 20%
Answer »Answer: (c)
Let the C.P. of one orange = 1
C.P. of 40 oranges = Rs.40
and S.P. of 40 oranges = Rs.50
Profit = (50 - 40) = Rs.10
Profit % = $10/40 × 100$ = 25%
Using Rule 8,
Here, x = 50, y = 40
Profit % = $({x - y}/y) × 100$
= $({50 - 40}/40) × 100$ = 25%
Question : 3
If the selling price of 4 articles is equal to the cost price of 5 articles, the profit percent is
a) 20%
b) 22$1/2$%
c) 30%
d) 25%
Answer »Answer: (d)
If the CP of each article be Rs.1 then
CP of 4 articles = Rs.4
SP of 4 articles = Rs.5
Profit percent = ${5 - 4}/4 × 100 = 25%$
Using Rule 8,
Here, x = 5, y = 4
Profit % = $({x - y}/y) × 100$
= $({5 - 4}/4) × 100 = 100/4$ = 25%
Question : 4
The cost price of 400 lemons is equal to the selling price of 320 lemons. Then the profit percent is
a) 15%
b) 20%
c) 40%
d) 25%
Answer »Answer: (d)
Profit percent = ${400 - 320}/320 × 100$
= $80/320 × 100 = 25%$
Using Rule 8
Here, x = 400, y = 320
Gain % = $({x - y}/y) × 100$
= ${400 - 320}/320 × 100 =80/320 × 100 = 25%$
Question : 5
If the cost price of 15 tables be equal to the selling price of 20 tables, the loss per cent is :
a) 20%
b) 30%
c) 37.5%
d) 25%
Answer »Answer: (d)
Let the cost price of one table = x
Cost price of 15 tables = 15x
and cost price of 20 tables = 20x
According to the question Selling price of 20 tables
= cost price of 15 tables = 15x
Loss = 20x - 15x = 5x
Loss% = ${5x × 100}/{20x} = 25%$
Using Rule 8,
Here, x = 15, y = 20
Loss % = ${x - y}/y × 100$
= $({15 - 20}/20) × 100$
=${-5}/20 × 100 = -25%$
(–ve sign shows loss)
= 25%
Question : 6
If the cost price of 10 articles is equal to the selling price of 16 articles, then the loss per cent is
a) 30%
b) 37.5%
c) 45%
d) 42.5%
Answer »Answer: (b)
If the CP of A articles be equal to SP of B articles, then
Loss percent = ${B - A}/B × 100$
= ${16 - 10}/16 × 100 = 6/16 × 100$ = 37.5%
Using Rule 8,
Here, x = 10, y = 16
Loss % = $({y - x}/y) × 100$
= $({16 - 10}/16) × 100 = 600/16$ = 37.5%
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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