model 9 selling an article & interchanging its values 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.812
(b) Rs.790
(c) Rs.784
(d) Rs.800
The correct answers to the above question in:
Answer: (c)
Using Rule 3,
CP of the article $100/{100 - loss%}$ × S.P.
= Rs.$(100/95 × 665)$ = Rs.700
For the gain of 12%
SP of the article = 112% of 700
= ${700 × 112}/100$ = Rs.784
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Read more selling article changing values Based Quantitative Aptitude Questions and Answers
Question : 1
12 copies of a book were sold for Rs. 1800 thereby gaining cost price of 3 copies. The cost price of a copy of the book is :
a) Rs. 120
b) Rs. 1200
c) Rs. 1500
d) Rs. 150
Answer »Answer: (a)
Let the C.P. of each book be Rs.x.
According to the question,
S.P. of 12 copies = Rs.(12x + 3x) = Rs.15x
15x = 1800
$x = 1800/15$ = Rs.120
Question : 2
A loss of 20% is incurred when 6 articles are sold for a rupee. To gain 20% how many articles should be sold for a rupee ?
a) 1
b) 3
c) 4
d) 2
Answer »Answer: (c)
100% = 6
C.P. = 80% = $6/100 × 80 = 24/5$
Now, 120% = $24/5$
100% = ${24 × 100}/{5 × 120}$ = 4
Question : 3
By selling an article for Rs.240, a man incurs a loss of 10%. At what price should he sell it, so that he makes a profit of 20% ?
a) Rs.264
b) Rs.300
c) Rs.320
d) Rs.288
Answer »Answer: (c)
90% of C.P. = Rs.240
C.P = Rs.${240 × 100}/90$
New S.P. = 120% of C.P.
= Rs.$240 × 100/90 × 120/100$ = Rs.320
Question : 4
By selling 80 ball pens for Rs.140 a retailer loses 30%. How many ball pens should he sell for Rs.104 so as to make a profit of 30%?
a) 32
b) 48
c) 42
d) 52
Answer »Answer: (a)
Using Rule 3,
C.P. of 80 ball pens = $140 × 100/70$ = Rs.200
For a gain of 30%
S.P. = ${200 × 130}/100$ = Rs.260
Since, Rs.260 = 80 ball pens
Rs.104 = $80/260 × 104$ = 32
Question : 5
An article was sold at a profit of 12%. If the cost price would be 10% less and selling price would be Rs.5.75 more, there would be profit of 30%. Then at what price it should be sold to make a profit of 20% ?
a) Rs.115
b) Rs.138
c) Rs.215
d) Rs.120
Answer »Answer: (b)
C.P. of article = Rs.x
S.P. = ${112x}/100$
New C.P. = ${9x}/10$
S.P. = ${9x}/10 × 130/100 = {117x}/100$
${117x}/100 - {112x}/100$ = 5.75
${5x}/100$ = 5.75
$x = {5.75 × 100}/5$ = Rs.115
Required S.P. = ${115 × 120}/100$ = Rs.138
Question : 6
A radio is sold for Rs.990 at a profit of 10%. What would have been the actual profit or loss on it, had it been sold for Rs. 890 ?
a) Rs.10 loss
b) Rs.90 loss
c) Rs.90 profit
d) Rs.10 profit
Answer »Answer: (a)
C.P. of radio = $100/110 × 990$ = Rs.900
Loss = 900 - 890 = Rs.10
Using Rule 3,
C.P. = S.P.$(100/{100 + Profit%})$
= $990(100/{100 + 10}) = 99000/110$
C.P. = 900
Loss = C.P. - S.P.
= 900 - 890 = Rs.10
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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