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) 100
(b) 135
(c) 90
(d) 150
The correct answers to the above question in:
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
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Read more sold brought Based Quantitative Aptitude Questions and Answers
Question : 1
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 »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 : 2
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 »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 : 3
By selling 14 watches of equal cost price at the rate of Rs.450 each, there is a profit equal to the cost price of 4 watches. The cost price of a watch is
a) Rs.360
b) Rs.375
c) Rs.350
d) Rs.400
Answer »Answer: (c)
Using Rule 1,
Let the CP of each watch be x.
CP of 14 watches = 14x
and SP of 14 watches = Rs.6300
According to the question,
6300 - 14x = 4x
18x = 6300 ⇒ x = $6300/18$ = Rs.350
Question : 4
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
Answer »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
Question : 5
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 »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 : 6
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 »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%
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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