model 4 sold & brought 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) 44$4/9$%
(b) 44$2/3$%
(c) 44%
(d) 45%
The correct answers to the above question in:
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% = $160/360 × 100 = 400/9 = 44{4}/9%$
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Read more sold brought Based Quantitative Aptitude Questions and Answers
Question : 1
A person bought some articles at the rate of 5 per rupee and the same number at the rate of 4 per rupee. He mixed both the types and sold at the rate of 9 for 2 rupees. In this business he suffered a loss of Rs.3. The total number of articles bought by him was
a) 1080
b) 540
c) 1090
d) 545
Answer »Answer: (a)
Let the person buy 10 articles.
Total CP = Rs.$(1 + 5/4)$ = Rs.$9/4$
SP of 10 articles = Rs.$2/9 × 10$ = Rs.$20/9$
Loss = Rs.$(9/4 - 20/9)$ = Rs.$({81 - 80}/36)$ = Rs.$1/36$
Now, if loss is Rs.$1/36$, number of articles = 10
If loss is Rs.3, number of articles = 36 × 10 × 3 = 1080
Question : 2
A man bought pencils at the rate of 6 for Rs.4 and sold them at the rate of 4 for Rs.6. His gain% in the transaction is :
a) 80%
b) 125%
c) 75%
d) 100%
Answer »Answer: (b)
Let the number of pencils bought = LCM of 4, 6 = 12
CP of 6 pencils = Rs.4
CP of 12 pencils = Rs.8
S.P. of 4 pencils = Rs.6
S.P. of 12 pencils = Rs.18
Profit = Rs. (18 - 8) = Rs.10
Profit % = $10/8 × 100 = 125%$
Using Rule: 13
Here, a = 6, x = 4, b = 4, y = 6
Gain% = $({ay - bx}/{bx})$ × 100%
= $({6 × 6 - 4 × 4}/{4 × 4}) × 100%$
= $({36 - 16}/16) × 100%$
= $20/16 × 100% = 125%$
Question : 3
Ravi buys some toffees at 2 for a rupee and sells them at 5 for a rupee. His loss percent is
a) 90%
b) 30%
c) 120%
d) 60%
Answer »Answer: (d)
Let Ravi buy 10 toffees.
C.P. = Rs.5; S.P. = Rs.2
Loss % = ${5 - 2}/5 × 100$ = 60%
Using Rule: 13
Here, a = 2, x = 1, b = 5, y = 1
Loss % = $({ay - bx}/{bx})$ × 100%
= $({2 × 1 - 5 × 1}/{5 × 1}) × 100%$
=${-3}/5 × 100%$
= 60% (-ve sign shows loss)
Question : 4
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 »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 : 5
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 »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 : 6
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%
Answer »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%
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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