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 : 11 [SSC CGL Prelim 2002]
If an article is sold for Rs.178 at a loss of 11%, what should be its selling price in order to earn a profit of 11%?
a) Rs.222.50
b) Rs.435
c) Rs.222
d) Rs.267
Answer »Answer: (c)
89% of the cost price = Rs.178
111% of the cost price
= Rs.$178/89$ ×111= Rs.222
Using Rule 3,If an object is sold on r% Profit.
then,S.P. = C.P$[{100 + \text"Profit%"}/100]$orC.P. = S.P$[100/{100 + \text"Profit%"}]$
Similarly, If an object is sold on r% loss, then
S.P. = C.P.$[{100 - \text"Loss%"}/100]$orC.P. = S.P$[100/{100 - \text"Loss%"}]$
C.P. = $178 × 100/{100 - 11} = 17800/89$
C.P. = 200
S.P. = $200 × ({100 + 11}/100)$ = Rs.222
Question : 12 [SSC CGL Prelim 2000]
By selling an article for Rs.480 a person lost 20%. For what should he sell it to make a profit of 20%?
a) Rs.800
b) Rs.720
c) Rs.680
d) Rs.760
Answer »Answer: (b)
According to question,
S.P. = Rs.480, Loss% = 20%
Cost price = $100/80 × 480$ = Rs.200
Required price = $120/100 × 600$ = Rs.720
Question : 13 [SSC CHSL 2010]
By selling an article for Rs.700 a man lost 30%. At what price should he have sold it to gain 30% ?
a) Rs.910
b) Rs.1232
c) Rs.1300
d) Rs.1200
Answer »Answer: (c)
Using Rule 3,
C.P. of article = $(100/{100 - Loss%})$ × S.P.
= $100/{100 - 30} × 700$ = Rs.1000
S.P. for a profit of 30%
= 1000 × $130/100$ = Rs.1300
Question : 14 [SSC CGL Prelim 2005]
A radio is sold for Rs.990 at a profit of 10%. What would have been the actual profit or loss on it, had it been sold for Rs. 890 ?
a) Rs.10 loss
b) Rs.90 loss
c) Rs.90 profit
d) Rs.10 profit
Answer »Answer: (a)
C.P. of radio = $100/110 × 990$ = Rs.900
Loss = 900 - 890 = Rs.10
Using Rule 3,
C.P. = S.P.$(100/{100 + Profit%})$
= $990(100/{100 + 10}) = 99000/110$
C.P. = 900
Loss = C.P. - S.P.
= 900 - 890 = Rs.10
Question : 15 [SSC CHSL 2013]
An article was sold at a profit of 12%. If the cost price would be 10% less and selling price would be Rs.5.75 more, there would be profit of 30%. Then at what price it should be sold to make a profit of 20% ?
a) Rs.115
b) Rs.138
c) Rs.215
d) Rs.120
Answer »Answer: (b)
C.P. of article = Rs.x
S.P. = ${112x}/100$
New C.P. = ${9x}/10$
S.P. = ${9x}/10 × 130/100 = {117x}/100$
${117x}/100 - {112x}/100$ = 5.75
${5x}/100$ = 5.75
$x = {5.75 × 100}/5$ = Rs.115
Required S.P. = ${115 × 120}/100$ = Rs.138
IMPORTANT quantitative aptitude EXERCISES
-
New 199+ Profit & Loss Aptitude MCQs with Basic C.P & S.P »
-
Top 250+ Profit & Loss Problems with Gain Lost Percentage »
-
249+ Profit & Loss Aptitude MCQs Gain Lost % with C.P S.P »
-
189+ Profit Loss Aptitude Sold Bought Practice MCQ Test »
-
Top 179+ Profit & Loss Aptitude Practice Test for Bank Exam »
-
New 189+ Profit and Loss Aptitude MCQs for All Govt Exams »
-
189+ Profit and Loss Questions for All Competitive Exams »
-
New 199+ Profit and Loss MCQ Test with Shortcuts, Tricks »
-
Top 199+ Profit and Loss Aptitude Practice Test For UPSC »
-
New 249+ Profit and Loss Questions and Answers for TNPSC »
-
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 …
quantitative aptitude CATEGORIES
RECENT BLOGS
Recently Added Subject & Categories For All Competitive Exams
Classification Reasoning MCQ For IBPS Clerk Prelims 2024
Most Important 100+ Classification based Verbal Reasoning Ability Multiple choice questions and answers PDF, Free New Mock tests For IBPS Clerk Prelims 2024
Continue Reading »
Ratio and Proportion Questions with Solutions, IBPS Clerk
New Ratio and Proportion Quants Aptitude based Multiple Choice Questions and Answers Practice Test Series, Quiz & Mock Test for IBPS Clerk Prelims 2024 Exam
Continue Reading »
Top Analogy Reasoning Ability For IBPS Clerk Prelims 2024
Most Important Analogy based Verbal Reasoning Multiple choice questions and answers practice quiz series PDF, Free New Mock tests For IBPS Clerk Prelims 2024
Continue Reading »
SSC STENO: Mensuration Area & Volume Questions Test PDF
Free Mensuration Area and Volume Aptitude-based Practice multiple questions with solutions, Quiz, Full Mock Test & PDF for SSC Steno (Grade C & D) 2024 Exam
Continue Reading »