model 9 selling an article & interchanging its values 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 CHSL 2012]
If a man were to sell his wristwatch for Rs.720, he would lose 25%. What price must he sell at for to gain 25% ?
a) Rs.960
b) Rs.1000
c) Rs.1200
d) Rs.900
Answer »Answer: (c)
C.P. of wrist watch = ${720 × 100}/75$ = Rs.960
Required S.P. = ${960 × 125}/100$ = Rs.1200
Question : 7 [SSC CGL Prelim 2007]
If a man were to sell his chair for Rs.720, he would lose 25%. To gain 25% he should sell it for
a) Rs.1,200
b) Rs.960
c) Rs.900
d) Rs.1,000
Answer »Answer: (a)
CP of chair = $100/75 × 720$ = Rs.960
To gain 25%, SP = $125/100 × 960$ = Rs.1200
Using Rule 3,
C.P. = S.P.$(100/{100 - Loss%})$
= ${720 × 100}/{100 × 25}$
= $72000/75$ = Rs. 960
New S.P.= C.P.$({100 + Profit%}/100)$
= ${960 × 125}/100$ = Rs.1200
Question : 8 [SSC MTS 2013]
By selling a fan for Rs.600, a man loses 10%. To make a gain of 20%, the selling price of the fan should be
a) Rs.900
b) Rs.700
c) Rs.800
d) Rs.1000
Answer »Answer: (c)
C.P. of fan = Rs.$({600 × 100}/90)$
Required S.P. = ${600 × 100}/90 × 120/100$ = Rs.800
Using Rule 3,
C.P. = S.P.$(100/{100 - Loss%})$
= ${600 × 100}/{100 - 10}$
C.P. = $60000/90 = 6000/9$
New S.P. = C.P. × $({100 + Profit%}/100)$
= $6000/9({100 + 20}/100) = {60 × 120}/9$ = Rs.800
Question : 9 [SSC CISF ASI 2010]
A man bought 20 dozen eggs for Rs.720. What should be the selling price of each egg if he wants to make a profit of 20% ?
a) Rs.3.25
b) Rs.3.50
c) Rs.3.60
d) Rs.3.30
Answer »Answer: (c)
Using Rule 1,
If S.P > C.P. then there will be profit
Profit = S.P. - C.P.
Profit% = ${\text"Profit" × 100}/{\text"C.P."}$
CP of 1 egg = $720/{20 × 12}$ = Rs.3
Required SP of 1 egg = $3 × 120/100$ = Rs.3.60
Question : 10 [SSC MTS 2013]
By selling a table for Rs.1140, a man loses 5%. in order to gain 5%, the table must be sold for
a) Rs.1260
b) Rs.1180
c) Rs.1250
d) Rs.1320
Answer »Answer: (a)
C.P. of table = 1140 × $100/95$ = Rs.1200
S.P. at 5% gain = ${1200 × 105}/100$ = Rs.1260
Using Rule 3,
C.P. = S.P.$(100/{100 - Loss%})$
= $1140(100/{100 - 5}) = 114000/95$ = Rs.1200
S.P. = C.P. ×$({100 + Profit %}/100)$
= $1200({100 + 5}/100)$
= $1200 × 105/100$ = Rs.1260
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 9 selling an article & interchanging its values Shortcuts »
Click to Read...model 9 selling an article & interchanging its values 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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