model 6 sold in circular path 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) Rs.600
(b) Rs.800
(c) Rs.720
(d) Rs.500
The correct answers to the above question in:
Answer: (d)
If the C.P. for A be Rs.x, then
$x × (1 +1/5) × 120/100 × (1 - 1/6)$ = 600
$x × 6/5 × 6/5 × 5/6 = 600$
$x = {600 × 5}/6$ = Rs.500
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Read more sold at circular path Based Quantitative Aptitude Questions and Answers
Question : 1
A saleable article passes successively in the hands of three traders. Each trader sold it further at a gain of 25% of the cost price. If the last trader sold it for Rs.250 then what was the cost price for the first trader ?
a) Rs.128
b) Rs.200
c) Rs.192
d) Rs.150
Answer »Answer: (a)
Let the actual C.P. be Rs.x
$x × 125/100 × 125/100 × 125/100 = 250$
x = Rs.128
Question : 2
A sells an article to B at a gain of 10%, B sells it to C at a gain of 5%. If C pays Rs.462 for it, what did it cost to A ?
a) Rs.500
b) Rs.400
c) Rs.600
d) Rs.450
Answer »Answer: (b)
Let the C.P. for A be Rs.x, then
$x × 110/100 × 105/100 = 462$
$x = {462 × 100 × 100}/{110 × 105}$ = Rs.400
Using Rule 15,
Here, $r_1 = 10%, r_2$ = 5%
C.P. for C = C.P. for A
$(1 + r_1/100)(1 + r_2/100)$
462 = C.P. for A
$(1 + 10/100)(1 + 5/100)$
C.P. for A = ${462 × 100 × 100}/{110 × 105}$ = Rs.400
Question : 3
A sells an article to B at a gain of 20% and B sells it to C at a gain of 10% and C sells it to D at a gain of 12$1/2$%. If D pays Rs.29.70, A purchased the article for
a) Rs.40
b) Rs.30
c) Rs.20
d) Rs.10
Answer »Answer: (c)
Using Rule 15,
Let C.P. for A be Rs.x
$x × 120/100 × 110/100 × 225/200$ = 29.70
$x = {29.70 × 100 × 100 × 200}/{120 × 110 × 225}$ = Rs.20
Question : 4
A sold a tape-recorder to B for Rs.4,860 at a loss of 19%. Again B sold it to C at a price that would give A a profit of 17%. The gain% of B is
a) 22$2/9$%
b) 66$2/3$%
c) 44$4/9$%
d) 33$1/3$%
Answer »Answer: (c)
C.P. of tape recorder for A
= ${4860 × 100}/{(100 - 19)} = {4860 × 100}/81$ = Rs.6000
S.P. for B = ${6000 × 117}/100$ = Rs.7020
B’s gain = 7020 - 4860 = Rs.2160
∴ Required profit percent = $2160/4860 × 100 = 44{4}/9%$
Question : 5
A manufacturer sells an article to a wholesale dealer at a profit of 10%. The wholesale dealer sells it to a shopkeeper at 20% profit. The shopkeeper sells it to a customer for Rs.56,100 at a loss of 15%. Then the cost price of the article to the manufacturer is
a) Rs.25,000
b) Rs.55,000
c) Rs.50,000
d) Rs.10,000
Answer »Answer: (c)
Let the required cost price be Rs.x, then
$x × 110/100 × 120/100 × 85/100$ = 56100
$x × 11/10 × 6/5 × 17/20 = 56100$
$x = {56100 × 10 × 5 × 20}/{11 × 6 × 17}$ = Rs.50000
Question : 6
A sells an article to B at a gain of 10%. B sells it to C at a gain of 7$1/2$%. C disposes of it at a loss of 25%. If the prime cost to manufacturer A was Rs.3200 then the price obtained by C is
a) Rs.2800
b) Rs.2838
c) Rs.2670
d) Rs.2580
Answer »Answer: (b)
Using Rule 15,
Price obtained by C
= $3200 × 110/100 × 215/200 × 75/100$ = Rs.2838
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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