model 5 marked price 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 : 21 [SSC CGL Tier-II 2013]
A tradesman marks his goods 30% more than the cost price. If he allows a discount of 6$1/4$% , then his gain per cent is
a) 23$3/4$%
b) 21$7/8$%
c) 30%
d) 22%
Answer »Answer: (b)
C.P. of article = Rs.100
Marked price = Rs.130
Selling price = ${130 × (100 - {25/4})}/100$
= ${130 × 375}/400$ = Rs.$975/8$ = Rs.$(121{7}/8)$
Gain = $21{7}/8%$
Question : 22 [SSC MTS 2013]
A trader marked the price of a commodity so as to include a profit of 25%, but allowed a discount of 16% on the marked price. His actual profit will be
a) 16%
b) 5%
c) 9%
d) 25%
Answer »Answer: (b)
C.P. of article = Rs.100
Marked price = Rs.125
S.P. = ${125 × 84}/100$ = Rs.105
Gain per cent = 5%
Method 2 :
Gain per cent = $(25 -16 - {25 × 16}/100)%$ = 5%
Gain % = ${x - y - xy}/100$
Question : 23 [SSC CHSL 2013]
A got 30% concession on the label price of an article sold for Rs.8,750 with 25% profit on the price he bought. The label price was
a) Rs.13,000
b) Rs.12,000
c) Rs.10,000
d) Rs.16,000
Answer »Answer: (c)
Marked price = Rs.x
C.P. = ${70x}/100$ = Rs.${7x}/10$
${7x}/10 × 125/100$ = 8750
$x = {8750 × 1000}/{7 × 125}$ = Rs.10000
Question : 24 [SSC CHSL 2014]
A shopkeeper allows a rebate of 12% on the marked price of an article such that the selling price is Rs.440. Then the marked price of the article is
a) Rs.490
b) Rs.600
c) Rs.550
d) Rs.500
Answer »Answer: (d)
Marked price of article = Rs.x
x × (100 - 12)% = 440
$x × 88/100$ = 440
$x ={440 × 100}/88$ = Rs.500
Question : 25 [SSC CHSL 2015]
Mohan purchased a bag with 20 percent discount on the labelled price. He sold it at 40 percent profit on the price he bought. The percentage of profit on the labelled price is :
a) 20%
b) 18%
c) 24%
d) 12%
Answer »Answer: (d)
Let the marked price be Rs.100.
Mohan’s C.P. = Rs.80
Mohan’s S.P. = ${80 × 140}/100$ = Rs.112
Required profit percent = 12%
IMPORTANT quantitative aptitude EXERCISES
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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 »
model 5 marked price Shortcuts »
Click to Read...model 5 marked price 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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