Model 10 Reduced/increased Price Of An Article 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 : 1 [SSC CPO S.I.2006]
A reduction of 15% in the price of apples would enable a purchaser to get 2 kg more apples for Rs.240. The new price (per kg) of apples is
a) Rs.20
b) Rs.36
c) Rs.15
d) Rs.18
Answer »Answer: (d)
Let the original rate = x per kg.
New rate = 85% of x = ${85x}/100 = {17x}/20$
Original quantity for Rs.240 = $240/x$
New quantity = 240 × $20/{17x} = 4800/{17x}$
$4800/{17x} – 240/x$ = 2
${4800 – 4080}/{17x}$ = 2
$720/{17x} = 2 ⇒ x = 720/{2 × 17}$
Original rate per kg = Rs.$720/34$
Reduced rate = Rs.${17x}/20$
= Rs.$(17/20 × 720/34)$ = Rs.18
Question : 2 [SSC CGL Prelim 2003]
A reduction of 20% in the price of salt enabled a purchaser to obtain 4 kg. more for Rs.100. The reduced price of salt per kg is :
a) Rs.6.25
b) Rs.6.50
c) Rs.4
d) Rs.5
Answer »Answer: (d)
Due to fall in price, there is a saving of 20% of Rs.100 i.e., Rs.20.
With this amount the purchaser purchases 4 kg. of salt.
Reduced price of salt per kg = $20/4$ = Rs.5
Question : 3 [SSC CGL Prelim 2004]
A tradesman sold an article at a loss of 20%. If the selling price had been increased by Rs.100, there would have been a gain of 5%. The cost price of the article was :
a) Rs.400
b) Rs.250
c) Rs.200
d) Rs.25
Answer »Answer: (a)
Let the C.P. of article be x.
105% of x – 80% of x = 100
25% of x = 100
$x = {100 × 100}/25$ = Rs.400
Question : 4 [SSC CGL Tier-I 2016]
A reduction of 20% in the price of rice enables a buyer to buy 5 kg more for rupees 1200. The reduced price per kg of rice will be:
a) 48
b) 60
c) 36
d) 45
Answer »Answer: (a)
Original price of rice = Rs.x per kg.
New price = ${80x}/100$ = Rs.${4x}/5$ per kg
According to the question,
$1200/{{4x}/5} – 1200/x$ = 5
${1200 × 5}/{4x} – 1200/x$ = 5
$1500/x – 1200/x$ = 5
$300/x$ = 5 ⇒ 5x = 300
$x = 300/5$ = Rs.60 per kg
New price of rice
= Rs.$({4 × 60}/5)$ per kg = Rs.48 per kg
Question : 5 [SSC MTS 2013]
The reduction of 12 in the selling price of an article will change 5% gain into 2$1/2%$ loss. The cost price of the article is
a) Rs.80
b) Rs.100
c) Rs.140
d) Rs.160
Answer »Answer: (d)
If the C.P. of article be Rs.x, then
$x × (105 – {195}/2)$% = 12
$x × 15/200 = 12 ⇒ x = {12 × 200}/15$ = Rs.160
IMPORTANT QUANTITATIVE APTITUDE EXERCISES
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New 199+ Profit & Loss Aptitude MCQs with Basic C.P & S.P »
-
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 10 Reduced/increased Price Of An Article Shortcuts »
Click to Read...Model 10 Reduced/increased Price Of An Article 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 …
QUANTITATIVE APTITUDE CATEGORIES
-
» Number System
-
» Average
-
» LCM & HCF
-
» Percentage
-
» Profit & Loss
-
» Time & Work
-
» Pipes & Cisterns
-
» Time & Distance
-
» Trains
-
» Compound Interest
-
» Simplification
-
» Discount
-
» Power
-
» Permutations & Combination
-
» Ratio & Proportion
-
» Advance Math
-
» Algebraic Expressions
-
» Trigonometric Ratios & Identities
-
» Simple Interest
-
» Alligation & Mixtures
-
» Boats & Streams
-
» Set Theory
-
» Linear Equations
-
» Quadratic Equations
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» Mensuration
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» Squareroots & Cuberoots
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» Data Sufficiency
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» Logarithm
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» Probability
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» Statistics
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