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 : 26 [SSC CGL Tier-I 2013]
On selling an article for Rs.170, a shopkeeper loses 15%. In order to gain 20%, he must sell that article at :
a) Rs.215.50
b) Rs.240
c) Rs.210
d) Rs.212.50
Answer »Answer: (b)
C.P. of article = ${170 × 100}/85$ = Rs.200
Required S.P. = ${200 × 120}/100$ = Rs.240
Using Rule 3,
C.P. = S.P.$(100/{100 - Loss%})$
C.P. = ${170 × 100}/{100 - 15}$
= $17000/85$ = Rs. 200
New S.P.= C.P.$({100 + Profit%}/100)$
= $200({100 + 20}/100)$
= ${200 × 120}/100$ = Rs.240
Question : 27 [SSC CGL Prelim 2008]
A shopkeeper bought 80kg of sugar at the rate of Rs.13.50 per kg. He mixed it with 120kg of sugar costing Rs.16 per kg. In order to make a profit of 20%, he must sell the mixture at
a) Rs.18 per kg
b) Rs.16.40 per kg
c) Rs.15 per kg
d) Rs.17 per kg
Answer »Answer: (a)
CP of 200kg of sugar
= Rs.(80 × 13.50 + 120 × 16)
= Rs.(1080 + 1920) = Rs.3000
CP of 1 Kg of sugar
= $3000/200$ = Rs.15
To gain 20% SP = 15 × $120/100$ = Rs.18 /kg.
Question : 28 [SSC CPO S.I.2009]
By selling a basket for Rs.19.50, a shopkeeper gains 30%. For how much should he sell it to gain 40% ?
a) Rs.21
b) Rs.24
c) Rs.23
d) Rs.21.50
Answer »Answer: (a)
Let CP of basket be Rs.x.
130% of x = 19.50
${130 × x}/100 = 19.50$
$x = {19.50 × 100}/130$ = Rs.15
For 40% gain,
SP = ${140 × 15}/100$ = Rs.21
Using Rule 3
C.P. = S.P.$({100 + Profit%}/100)$
= ${19.50 × 100}/{100 + 30}$
= $1950/130$ = Rs. 15
New S.P. = C.P.$({100 + Profit%}/100)$
= $15({100 + 40}/100)$
= ${15 × 140}/100 = 210/10$ = Rs.21
Question : 29 [SSC CHSL 2014]
Mr. Y purchased a flat for Rs.9,25, 000 and spent Rs.35, 000 for its renovation. If he sold the flat for 10, 80, 000 then his profit percent is
a) 15.0
b) 20.0
c) 12.5
d) 17.5
Answer »Answer: (c)
Actual cost price of flat
= Rs.(925000 + 35000) = Rs.960000
S.P. = Rs.1080000
Profit = Rs. (1080000 - 960000) = Rs.120000
Profit percent= $120000/960000 × 100$ = 12.5%
Question : 30 [SSC CGL Tier-I 2016]
After selling 5% of a quantity of sugar, 5 kg. of sugar remains. Find the total quantity of sugar.
a) 19 kg.
b) 100 kg.
c) 95 kg.
d) 5$5/19$ kg.
Answer »Answer: (d)
Let the total quantity of sugar be x kg.
According to the question,
(100 - 5)% of x = 5
$x × 95/100$ = 5
$x = 500/95 = 100/19 = 5{5}/19$ kg.
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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