model 4 sold & brought 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 : Some articles were bought at 6 for Rs.5, and sold at 5 for Rs.6. Gain per cent is :

(a) 6%

(b) 30%

(c) 5%

(d) 44%

The correct answers to the above question in:

Answer: (d)

Let number of articles bought = 6 × 5 = 30

C.P. of 30 articles = Rs.$(5/6 × 30)$ = Rs.25

S.P. of 30 articles = Rs.$(6/5 × 30)$ = Rs.36

Gain % = ${36 - 25}/25 × 100$ = 44%

Using Rule 13,

Here, a = 6, x = 5, b = 5, y = 6

Gain% = $({ay - bx}/{bx})$ × 100%

= $({6 × 6 - 5 × 5}/{5 × 5})$ × 100%

= $({36 - 25}/25) × 100% = 11/25 ×100%$ = 44%

Read more questions on profit and loss of sold brought Click Here »

Practice profit & loss (model 4 sold & brought) 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 sold brought Based Quantitative Aptitude Questions and Answers

Question : 1

Ramesh bought 10 cycles for Rs.500 each. He spent Rs.2,000 on the repair of all cycles. He sold five of them for Rs.750 each and the remaining for Rs.550 each. Then the total gain or loss % is

a) Loss of 8$1/3$%

b) Gain of 7$2/3$%

c) Gain of 8$1/3$%

d) Loss of 7$1/7$%

Answer: (d)

Using Rule 2,

Total actual C.P. = Rs.(500 × 10 + 2000) = Rs.7000

And total S.P. = Rs.(5 × 750 + 5× 550)

= Rs.(3750 + 2750) = Rs.6500

Loss = 7000 - 6500 = Rs.500

Loss percent = $500/7000 × 100 = 50/7 = 7{1}7%$

Question : 2

On selling 17 balls at Rs.720, there is a loss equal to the cost price of 5 balls. The cost price of a ball is :

a) Rs.50

b) Rs.60

c) Rs.45

d) Rs.55

Answer: (b)

Let the CP of each ball = x.

Then, clearly the cost price of (17 - 5) balls = Rs.720

i.e., 12x = 720 ⇒ x = 60 i.e. Rs.60

Question : 3

I purchased 120 exercise books at the rate of Rs.3 each and sold $1/3$ of them at the rate of Rs.4 each, $1/2$ of them at the rate of Rs.5 each and the rest at the cost price. My profit per cent was

a) 44$4/9$%

b) 44$2/3$%

c) 44%

d) 45%

Answer: (a)

Using Rule 1,

CP of 120 excercise books = Rs.(120 × 3) = Rs.360

SP of 40 at Rs.4 each = Rs.(40 × 4) = Rs.160

SP of 60 at Rs.5 each = Rs.(60 × 5) = Rs.300

SP of remaining 20 books = Rs.(20 × 3) = Rs.60

Total SP = Rs.(160 + 300 + 60) = Rs.520

Profit % = Rs.(520 - 360) = Rs.160

Profit% = $160/360 × 100 = 400/9 = 44{4}/9%$

Question : 4

The cost price of two dozen bananas is Rs.32. After selling 18 bananas at the rate of Rs.12 per dozen, the shopkeeper reduced the rate to Rs.4 per dozen. The per cent loss is

a) 32.4%

b) 36.5%

c) 25.2%

d) 37.5%

Answer: (d)

Using Rule 2

If C.P > S.P., then there will be Loss

Loss = C.P. - S.P., Loss% = ${Loss × 100}/{C.P.}$

Total C.P. = Rs.32

Total S.P. = Rs.(18+2) = Rs.20

Loss = Rs.(32-20) = Rs.12

Loss per cent = $12/32 × 100$ = 37.5%

Question : 5

Oranges are bought at the rate of 10 for Rs.25 and sold at the rate of 9 for Rs.25. The profit percent is

a) 10%

b) 11$1/9$%

c) 9$1/11$%

d) 12$1/2$%

Answer: (b)

Suppose the number of oranges bought

= LCM of 10 and 9 = 90

C.P. of 90 oranges = $25/10 × 90$ = Rs.225

S.P. of 90 oranges = $25/9 × 90$ = Rs.250

Profit % = $25/225 × 100 = 100/9 = 11{1}/9%$

Using Rule 13,

Here, a = 10, x = 25, b = 9, y = 25

Gain% = $({ay - bx}/{bx})$ × 100%

= $({10 × 25 - 9 × 25}/{9 × 25}) × 100%$

= $({250 - 225}/{9 × 25}) × 100% = 100/9 = 11{1}/9%$

Question : 6

100 oranges are bought for Rs.350 and sold at the rate of Rs.48 per dozen. The percentage of profit or loss is :

a) 15% gain

b) 14$2/7$% loss

c) 15% loss

d) 14$2/7$% profit

Answer: (d)

C.P. of 100 oranges = Rs.350

S.P. of 12 oranges = Rs.48

S.P. of 100 oranges

= $48/12 × 100$ = Rs.400

Profit = Rs. (400 - 350) = Rs.50

Profit % = $50/350 × 100 = 100/7 = 14{2}/7%$

Using Rule 13,

Here, a = 100, x = 350, b = 100, y = $48/12$ × 100 = 400

Gain% = $({ay - bx}/{bx})$ × 100%

= ${100 × 400 - 100 × 350}/{100 × 350}$ × 100%

= ${40 - 35}/35 × 100%$

= $100/7% = 14{2}/7$%

Need More Mcqs on profit & loss of model 4 sold & brought Click Here »
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
Verbal Reasoning
Question & Answer Quiz
Non Verbal Reasoning
Question & Answer Quiz
Quantitative Aptitude
Question & Answer Quiz
Computer MCQ
Question & Answer Quiz
General English
Question & Answer Quiz
History GK
Question & Answer Quiz
Polity GK
Question & Answer Quiz
Geography GK
Question & Answer Quiz
Economy GK
Question & Answer Quiz
General Awareness GK
Question & Answer Quiz

Recently Added Subject & Categories For All Competitive Exams

100+ Quadratic Equation Questions Answers PDF for Bank

Quadratic Equation multiple choice questions with detailed answers for IBPS RRB SO. more than 250 Attitude practice test exercises for all competitive exams

03-Jul-2024 by Careericons

Continue Reading »

IBPS Aptitude Linear Equations MCQ Questions Answers PDF

Linear equations multiple choice questions with detailed answers for IBPS RRB SO. more than 250 Attitude practice test exercises for all competitive exams

03-Jul-2024 by Careericons

Continue Reading »

New 100+ Compound Interest MCQ with Answers PDF for IBPS

Compound Interest verbal ability questions and answers solutions with PDF for IBPS RRB PO. Aptitude Objective MCQ Practice Exercises all competitive exams

02-Jul-2024 by Careericons

Continue Reading »

100+ Mixture and Alligation MCQ Questions PDF for IBPS

Most importantly Mixture and Alligation multiple choice questions and answers with PDF for IBPS RRB PO. Aptitude MCQ Practice Exercises all Bank Exams

02-Jul-2024 by Careericons

Continue Reading »