model 10 reduced/increased price of an article Section-Wise Topic Notes With Detailed Explanation And Example Questions

MOST IMPORTANT quantitative aptitude - 11 EXERCISES

Top 10,000+ Aptitude Memory Based Exercises

The following question based on profit & loss topic of quantitative aptitude

Questions : A tradesman sold an article at a loss of 20%. If the selling price had been increased by Rs.100, there would have been a gain of 5%. The cost price of the article was :

(a) Rs.400

(b) Rs.250

(c) Rs.200

(d) Rs.25

The correct answers to the above question in:

Answer: (a)

Let the C.P. of article be x.

105% of x – 80% of x = 100

25% of x = 100

$x = {100 × 100}/25$ = Rs.400

Practice profit & loss (model 10 reduced/increased price of an article) Online Quiz

Discuss Form

Valid first name is required.
Please enter a valid email address.
Your genuine comment will be useful for all users! Each and every comment will be uploaded to the question after approval.

Read more reduce increase article price Based Quantitative Aptitude Questions and Answers

Question : 1

A reduction of 20% in the price of rice enables a buyer to buy 5 kg more for rupees 1200. The reduced price per kg of rice will be:

a) 48

b) 60

c) 36

d) 45

Answer: (a)

Original price of rice = Rs.x per kg.

New price = ${80x}/100$ = Rs.${4x}/5$ per kg

According to the question,

$1200/{{4x}/5} – 1200/x$ = 5

${1200 × 5}/{4x} – 1200/x$ = 5

$1500/x – 1200/x$ = 5

$300/x$ = 5 ⇒ 5x = 300

$x = 300/5$ = Rs.60 per kg

New price of rice

= Rs.$({4 × 60}/5)$ per kg = Rs.48 per kg

Question : 2

The reduction of 12 in the selling price of an article will change 5% gain into 2$1/2%$ loss. The cost price of the article is

a) Rs.80

b) Rs.100

c) Rs.140

d) Rs.160

Answer: (d)

If the C.P. of article be Rs.x, then

$x × (105 – {195}/2)$% = 12

$x × 15/200 = 12 ⇒ x = {12 × 200}/15$ = Rs.160

Question : 3

A trader bought 10 kg of apples for Rs.405 out of which 1 kg of apples were found to be rotten. If he wishes to make a profit of 10%, at what rate should he sell the remaining apples per kg?

a) Rs.50

b) Rs.51

c) Rs.45

d) Rs.49.50

Answer: (d)

Selling price = 405 × 110% = Rs.445.50

Remaining apples = 10 – 1= 9 kg

Therefore, the remaining apples (per kg) cost

=$445.50/9$ = Rs.49.50

Question : 4

A reduction of 20% in the price of salt enabled a purchaser to obtain 4 kg. more for Rs.100. The reduced price of salt per kg is :

a) Rs.6.25

b) Rs.6.50

c) Rs.4

d) Rs.5

Answer: (d)

Due to fall in price, there is a saving of 20% of Rs.100 i.e., Rs.20.

With this amount the purchaser purchases 4 kg. of salt.

Reduced price of salt per kg = $20/4$ = Rs.5

Question : 5

A reduction of 15% in the price of apples would enable a purchaser to get 2 kg more apples for Rs.240. The new price (per kg) of apples is

a) Rs.20

b) Rs.36

c) Rs.15

d) Rs.18

Answer: (d)

Let the original rate = x per kg.

New rate = 85% of x = ${85x}/100 = {17x}/20$

Original quantity for Rs.240 = $240/x$

New quantity = 240 × $20/{17x} = 4800/{17x}$

$4800/{17x} – 240/x$ = 2

${4800 – 4080}/{17x}$ = 2

$720/{17x} = 2 ⇒ x = 720/{2 × 17}$

Original rate per kg = Rs.$720/34$

Reduced rate = Rs.${17x}/20$

= Rs.$(17/20 × 720/34)$ = Rs.18

Recently Added Subject & Categories For All Competitive Exams

SSC STENO: Time & Work Questions Solved Problems with PDF

Free Time and work Aptitude-based Practice multiple questions with solutions, Quiz series, Mock Test & Downloadable PDF for SSC Steno (Grade C & D) 2024 Exam

27-Apr-2024 by Careericons

Continue Reading »

SSC STENO 2024: Free Reading Comprehension MCQ Test PDF

Top Reading Comprehension English Section-wise multiple choice questions and answers, Full Mock Test Series & Online Quiz for SSC Steno Grade C & D 2024 Exam

26-Apr-2024 by Careericons

Continue Reading »

Free Percentage Questions Answers for SSC STENO 2024 Exam

Important Top Percentage Aptitude-based multiple choice questions and answers practice quiz series, Online Mock Test PDF for SSC Steno Grade C & D 2024 Exam

25-Apr-2024 by Careericons

Continue Reading »

Free Antonyms (English) MCQ Test for SSC STENO 2024 Exam

Top Antonyms General English Section-based multiple choice questions and answers, Free Full Test Series & Online Quiz PDF for SSC Steno Grade C & D 2024 Exam

24-Apr-2024 by Careericons

Continue Reading »