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 : 16 [SSC FCI 2013]
By selling 80 ball pens for Rs.140 a retailer loses 30%. How many ball pens should he sell for Rs.104 so as to make a profit of 30%?
a) 32
b) 48
c) 42
d) 52
Answer »Answer: (a)
Using Rule 3,
C.P. of 80 ball pens = $140 × 100/70$ = Rs.200
For a gain of 30%
S.P. = ${200 × 130}/100$ = Rs.260
Since, Rs.260 = 80 ball pens
Rs.104 = $80/260 × 104$ = 32
Question : 17 [SSC DEO 2008]
By selling an article for Rs.665, there is a loss of 5%. In order to make a profit of 12%, the selling price of the article must be
a) Rs.812
b) Rs.790
c) Rs.784
d) Rs.800
Answer »Answer: (c)
Using Rule 3,
CP of the article $100/{100 - loss%}$ × S.P.
= Rs.$(100/95 × 665)$ = Rs.700
For the gain of 12%
SP of the article = 112% of 700
= ${700 × 112}/100$ = Rs.784
Question : 18 [SSC CGL Tier-I 2016]
12 copies of a book were sold for Rs. 1800 thereby gaining cost price of 3 copies. The cost price of a copy of the book is :
a) Rs. 120
b) Rs. 1200
c) Rs. 1500
d) Rs. 150
Answer »Answer: (a)
Let the C.P. of each book be Rs.x.
According to the question,
S.P. of 12 copies = Rs.(12x + 3x) = Rs.15x
15x = 1800
$x = 1800/15$ = Rs.120
Question : 19 [SSC SO 2005]
A loss of 20% is incurred when 6 articles are sold for a rupee. To gain 20% how many articles should be sold for a rupee ?
a) 1
b) 3
c) 4
d) 2
Answer »Answer: (c)
100% = 6
C.P. = 80% = $6/100 × 80 = 24/5$
Now, 120% = $24/5$
100% = ${24 × 100}/{5 × 120}$ = 4
Question : 20 [SSC CGL Prelim 2003]
By selling an article for Rs.240, a man incurs a loss of 10%. At what price should he sell it, so that he makes a profit of 20% ?
a) Rs.264
b) Rs.300
c) Rs.320
d) Rs.288
Answer »Answer: (c)
90% of C.P. = Rs.240
C.P = Rs.${240 × 100}/90$
New S.P. = 120% of C.P.
= Rs.$240 × 100/90 × 120/100$ = Rs.320
IMPORTANT quantitative aptitude EXERCISES
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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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