model 5 marked price Section-Wise Topic Notes With Detailed Explanation And Example Questions
MOST IMPORTANT quantitative aptitude - 11 EXERCISES
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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) 16%
(b) 5%
(c) 9%
(d) 25%
The correct answers to the above question in:
Answer: (b)
C.P. of article = Rs.100
Marked price = Rs.125
S.P. = ${125 × 84}/100$ = Rs.105
Gain per cent = 5%
Method 2 :
Gain per cent = $(25 -16 - {25 × 16}/100)%$ = 5%
Gain % = ${x - y - xy}/100$
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Read more marked price Based Quantitative Aptitude Questions and Answers
Question : 1
A got 30% concession on the label price of an article sold for Rs.8,750 with 25% profit on the price he bought. The label price was
a) Rs.13,000
b) Rs.12,000
c) Rs.10,000
d) Rs.16,000
Answer »Answer: (c)
Marked price = Rs.x
C.P. = ${70x}/100$ = Rs.${7x}/10$
${7x}/10 × 125/100$ = 8750
$x = {8750 × 1000}/{7 × 125}$ = Rs.10000
Question : 2
A shopkeeper allows a rebate of 12% on the marked price of an article such that the selling price is Rs.440. Then the marked price of the article is
a) Rs.490
b) Rs.600
c) Rs.550
d) Rs.500
Answer »Answer: (d)
Marked price of article = Rs.x
x × (100 - 12)% = 440
$x × 88/100$ = 440
$x ={440 × 100}/88$ = Rs.500
Question : 3
Mohan purchased a bag with 20 percent discount on the labelled price. He sold it at 40 percent profit on the price he bought. The percentage of profit on the labelled price is :
a) 20%
b) 18%
c) 24%
d) 12%
Answer »Answer: (d)
Let the marked price be Rs.100.
Mohan’s C.P. = Rs.80
Mohan’s S.P. = ${80 × 140}/100$ = Rs.112
Required profit percent = 12%
Question : 4
A tradesman marks his goods 30% more than the cost price. If he allows a discount of 6$1/4$% , then his gain per cent is
a) 23$3/4$%
b) 21$7/8$%
c) 30%
d) 22%
Answer »Answer: (b)
C.P. of article = Rs.100
Marked price = Rs.130
Selling price = ${130 × (100 - {25/4})}/100$
= ${130 × 375}/400$ = Rs.$975/8$ = Rs.$(121{7}/8)$
Gain = $21{7}/8%$
Question : 5
A shopkeeper marked the selling price of his goods in such a way that after giving a discount of 10% he gains 17%. How much per cent above the cost price is the marked price?
a) 36%
b) 30%
c) 40%
d) 27%
Answer »Answer: (b)
C.P. of the article = Rs.100 and marked price = x
$x × 90/100$ = 117
$x = {117 × 100}/90$
= 130 i.e. 30% above C.P.
Question : 6
A shopkeeper offers a discount of 10% on his articles. The marked price of the article is Rs.450. The selling price should be
a) Rs.395
b) Rs.405
c) Rs.400
d) Rs.410
Answer »Answer: (b)
S.P. of article = ${450 × 90}/100$ = Rs.405
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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