model 3 gain/loss % with C.P/S.P Practice Questions Answers Test with Solutions & More Shortcuts
profit & loss PRACTICE TEST [11 - 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
Question : 6 [SSC CGL Tier-II 2013]
On selling 17 balls at 720, there is a loss equal to the cost price of 5 balls. The cost price (in ) of a ball is
a) 55
b) 50
c) 60
d) 45
Answer »Answer: (c)
Let C.P. of a ball = x
S.P. of 17 balls = Rs.720
17x - 720 = 5x
12x = 720 ⇒ x = Rs.60
Question : 7 [SSC CGL Tier-I 2016]
An article is sold at a certain price. If it is sold at half of the previous selling price, then there is a loss of 25$1/2$ % . The profit after selling the article at the previous selling price is:
a) 12$3/4$%
b) 49%
c) 24$1/2$%
d) 51%
Answer »Answer: (b)
Let the C.P. of article be Rs.100 and its S.P. be Rs.x.
According to the question.
When S.P. = Rs.$x/2$
Loss per cent = ${100 - x/2}/100 × 100$
$100 - x/2 = 51/2$
$x/2 = 100 - 51/2 = {200 - 51}/2$
x = Rs.149
Required profit percent = 49%
Question : 8 [SSC CGL Tier-I 2011]
A clock was sold for 144. If the percentage of profit was numerically equal to the cost price, the cost of the clock was
a) 90
b) 80
c) 100
d) 72
Answer »Answer: (b)
Let the cost price be x.
(100 + x)% of x = 144
(100 + x)x = 14400
$x^2 + 100x - 14400$ = 0
$x^2 + 180x - 80x - 14400$ = 0
x(x + 180) - 80 (x + 180) = 0
(x + 180) (x - 80) = 0
x = Rs.80 [x ≠180]
Question : 9 [SSC DEO 2009]
By selling 1 dozen ball pens, a shopkeeper earned the profit equal to the selling price of 4 ball pens. His profit per cent is
a) 33$1/3$%
b) 40%
c) 31$1/4$%
d) 50%
Answer »Answer: (d)
SP of 12 ball pens = CP of 12 ball pens + SP of 4 ball pens.
SP of 8 ball pens = CP of 12 ball pens
Gain per cent = $4/8 × 100 = 50%$
Using Rule 9,
Here, x = 12, y = 4
∴ Profit% = ${y × 100}/{x - y}$
= ${4 × 100}/{12 - 4}$ = 50%
Question : 10 [SSC MTS 2013]
The loss incurred on selling 21 articles equals the selling price of 3 articles. Then the loss per cent is
a) 12$1/2$%
b) 10%
c) 11$1/9$%
d) 9$1/11$%
Answer »Answer: (a)
S.P. of 3 articles
= C.P. of 21 articles - S.P. of 21 articles
S.P. of 24 articles = C.P. of 21 articles
Loss percent = ${24 - 21}/24 × 100 = 12{1}/2%$
Using Rule 9,
Here, x = 21, y = 3
∴ Loss% = ${y × 100}/{x + y}$
= ${3 × 100}/{21 + 3} = 100/8$
= $25/2 = 12{1}/2%$
IMPORTANT quantitative aptitude 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 »
model 3 gain/loss % with C.P/S.P Shortcuts »
Click to Read...model 3 gain/loss % with C.P/S.P Online Quiz
Click to Start..profit & loss Shortcuts and Techniques with Examples
-
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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