model 4 sold & brought Section-Wise Topic Notes With Detailed Explanation And Example Questions

MOST IMPORTANT quantitative aptitude - 11 EXERCISES

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

Questions : A man purchased some eggs at 3 for Rs.5 and sold them at 5 for Rs.12. Thus he gained Rs.143 in all. The number of eggs he bought is

(a) 200

(b) 195

(c) 210

(d) 190

The correct answers to the above question in:

Answer: (b)

Let he buy 15 eggs. [LCM of 5 & 3]

CP of 15 eggs = Rs.25

SP of 15 eggs = Rs.36

Gain = 36 - 25 = Rs.11

Since, Rs.11 ≡ 15 eggs

Rs.143 ≡ $15/11$ × 143 = 195 eggs

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Read more sold brought Based Quantitative Aptitude Questions and Answers

Question : 1

A man bought oranges at the rate of 8 for Rs.34 and sold them at the rate of 12 for Rs.57. How many oranges should be sold to earn a net profit of Rs.45 ?

a) 100

b) 135

c) 90

d) 150

Answer: (c)

Let the man buys 24 (LCM of 8 and 12) oranges.

C.P. of 24 oranges = $34/8 × 24$ = Rs.102

S.P. of 24 oranges = $57/12 × 24$ = Rs.114

Gain = 114 - 102 = Rs.12

Since, Rs.12 ≡ 24 oranges

Rs.45 ≡ $24/12 × 45$ = 90 oranges

Question : 2

A person bought 50 pens for 50 each. He sold 40 of them at a loss of 5%. He wants to gain 10% on the whole. Then his gain percent on the remaining pens should be

a) 40%

b) 50%

c) 15%

d) 70%

Answer: (d)

C.P. of 50 pens = 50 × 50 = Rs.2500

For profit of 10%,

S.P. = ${2500 × 110}/100$ = Rs.2750

S.P. of 40 pens at a loss of 5%

= ${40 × 50 × 95}/{100}$ = Rs.1900

S.P. of remaining 10 pens = 2750 - 1900 = Rs.850

Gain % = ${850 - 500}/500 × 100$ = 70 %

Question : 3

If toys are bought at Rs.5 each and sold at Rs.4.50 each, then the loss percent is :

a) 11%

b) 12%

c) 10%

d) 13%

Answer: (c)

Loss = 5 - 4.50 = 0.50

Loss percent = ${0.50}/5 × 100$ = 10%

Using Rule 13,

Here, a = b, x = 5a, y = 4.50a

Loss % = $({ay - bx}/{bx})$ × 100%

= $({4.50a^2 - 5a^2}/{5a^2})$ × 100%

= $({-0.5a^2}/{5a^2})$ × 100%

= 10% (–ve sign shows loss)

Question : 4

A man sold 20 apples for Rs.100 and gained 20%. How many apples did he buy for Rs.100?

a) 22

b) 24

c) 20

d) 25

Answer: (b)

If the CP of 20 apples be Rs.x,

then ${x × 120}/100 = 100$

$x = {100 × 100}/120$ = Rs.$250/3$

Rs.$250/3$ = 20 apples

Rs.100 = ${20 × 3 × 100}/250$ = 24 apples

Using Rule 13,

Here, a = ?, x = 100, b = 20, y = 100, Gain% = 20%

Gain% = $({ay - bx}/{bx})$ × 100%

20% = $({a × 100 - 20 × 100}/{20 × 100}) × 100%$

400 = 100a - 2000

2400 = 100a ⇒ a = 24

Question : 5

A fruit vendor bought bananas at the rate of 5 for a rupee and sold them 4 for a rupee. The percent gain or loss is

a) 25% loss

b) 25% gain

c) 12$1/2$% gain

d) 12$1/2$% loss

Answer: (b)

Let the vendor buy 20 (LCM of 5 and 4) bananas.

CP of 20 bananas = Rs.4

SP of 20 bananas = Rs.5

Gain% = ${5 - 4}/4 × 100 = 25%$

Using Rule 13,

Here, a = 5, x = 1, b = 4, y = 1

His gain%= $({ay - bx}/{bx})$ × 100%

= $({5 × 1 - 4 × 1}/{4 × 1}) × 100%$

= $1/4$ × 100% = 25%

Question : 6

A man buys a certain number of oranges at 20 for Rs.60 and an equal number at 30 for Rs.60. He mixes them and sells them at 25 for Rs.60. What is gain or loss per cent ?

a) Loss of 4%

b) Neither gain nor loss

c) Gain of 4%

d) Loss of 5%

Answer: (a)

Let the man buy 60 oranges (LCM of 20 and 30) of each kind. CP of the 60 oranges of the first kind

= $60/20 × 60$ = Rs.180

CP of 60 oranges of second kind $60/30 × 60$ = Rs.120

Total CP of 120 oranges = (180 + 120) = Rs.300

Their SP = $60/25 × 120$ = Rs.288

Loss = Rs.(300 - 288) = Rs.12

∴ Loss Per cent = $12/300 × 100$ = 4%

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