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) 11$1/9$% profit
(b) 7$6/17$% profit
(c) 1$12/13$% loss
(d) 11$1/9$% loss
The correct answers to the above question in:
Answer: (a)
Required profit per cent =${10 - 9}/9 × 100$
= $1/9 × 100 = 11{1}/ 9%$
Using Rule 8,
Here, x = 10, y = 9
Profit % = $({x - y}/y) × 100$
= $({10 - 9}/9) × 100$
= $1/9 × 100 = 11{1}/9%$
Discuss Form
Read more gain lost percentage Based Quantitative Aptitude Questions and Answers
Question : 1
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%
Question : 2
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 : 3
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 : 4
A coconut merchant finds that the cost price of 2750 coconuts is the same as the selling price of 2500 coconuts. The loss or gain per cent is
a) 5% loss
b) 15% loss
c) 10% gain
d) 20% gain
Answer »Answer: (c)
Let CP of each coconut be Rs.1.
CP of 2500 coconuts = Rs.2500
SP of 2500 coconuts = Rs.2750
Gain % = ${2750 - 2500}/2500 × 100$ = 10%
Using Rule 8,
Here, x = 2750, y = 2500
Gain % = $({x - y}/y) × 100$
= $({2750 - 2500}/2500) × 100$
= $250/2500 × 100$ = 10%
Question : 5
A person sells 400 mangoes at the cost price of 320 mangoes. His percentage of loss is
a) 10%
b) 15%
c) 25%
d) 20%
Answer »Answer: (d)
Using Rule 8,
Loss per cent = ${400 - 320}/400 × 100$
= $80/400 × 100 = 20%$
Question : 6
The selling price of 5 articles is the same as the cost price of 3 articles. The gain or loss percent is :
a) 20% gain
b) 25% gain
c) 40% loss
d) 33.33% loss
Answer »Answer: (c)
Let C.P. be Rs.1
C.P. of 3 articles = Rs.3 = S.P. of P. of 5 articles.
Loss% = $({5 - 3})/5 × 100$ = 2 × 20 = 40%
Using Rule 8,
Here, x = 3, y = 5
Loss % = $({x - y}/y) × 100$
$({3 - 5}/5) × 100$ = - 40%
(–ve sign shows loss)
= 40 %
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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