model 6 sold in circular path 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]
A sells an article to B at a gain of 10%, B sells it to C at a gain of 5%. If C pays Rs.462 for it, what did it cost to A ?
a) Rs.500
b) Rs.400
c) Rs.600
d) Rs.450
Answer »Answer: (b)
Let the C.P. for A be Rs.x, then
$x × 110/100 × 105/100 = 462$
$x = {462 × 100 × 100}/{110 × 105}$ = Rs.400
Using Rule 15,
Here, $r_1 = 10%, r_2$ = 5%
C.P. for C = C.P. for A
$(1 + r_1/100)(1 + r_2/100)$
462 = C.P. for A
$(1 + 10/100)(1 + 5/100)$
C.P. for A = ${462 × 100 × 100}/{110 × 105}$ = Rs.400
Question : 7 [SSC FCI Assistant Grade-III 2013]
A sells an article to B at a gain of 20% and B sells it to C at a gain of 10% and C sells it to D at a gain of 12$1/2$%. If D pays Rs.29.70, A purchased the article for
a) Rs.40
b) Rs.30
c) Rs.20
d) Rs.10
Answer »Answer: (c)
Using Rule 15,
Let C.P. for A be Rs.x
$x × 120/100 × 110/100 × 225/200$ = 29.70
$x = {29.70 × 100 × 100 × 200}/{120 × 110 × 225}$ = Rs.20
Question : 8 [SSC CGL Tier-II 2013]
A sells a suitcase to B at 10% profit. B sells it to C at 30% profit. If C pays Rs.2,860 for it, then the price at which A bought it is
a) Rs.1,000
b) Rs.2,500
c) Rs.2,000
d) Rs.1,600
Answer »Answer: (c)
Using Rule 15,
Let the C.P. of the suitcase for A be Rs.x, then
$x × 110/100 × 130/100$ = 2860
$x = {2860 × 100 × 100}/{110 × 130}$ = Rs.2000
Question : 9 [SSC CPO S.I.2007]
A car worth Rs.1,50,000 was sold by X to Y at 5% profit. Y sold the car back to X at 2% loss. In the entire transaction
a) X gained Rs.4,350
b) X lost Rs.3,150
c) X gained Rs.3,150
d) Y lost Rs.4,350
Answer »Answer: (c)
SP for Mr. X = 150000 × $105/100$ = Rs.157500
CP for Mr. Y = Rs.157500
Y sells the article to X at a loss of 2%.
SP for Mr. Y = 157500 × $98/100$ = Rs.154350
CP for Mr. X = Rs.154350
Gain of Mr. X = Rs.(157500 - 154350) = Rs.3150
Question : 10 [SSC CGL Prelim 2008]
A piece of land came to a person through three middleman each gaining 20%. If the person purchased the land for Rs.3,45,600 the original cost of the land was
a) Rs.1,00,000
b) Rs.2,00,000
c) Rs.1,75,800
d) Rs.1,50,000
Answer »Answer: (b)
Let the original cost of the land be Rs.x
According to the question,
345600 = P$(1+ 20/100)^3$
345600 = P$(6/5)^3 = {216P}/125$
P = ${345600 × 125}/216$ = Rs.200000
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New 249+ Profit and Loss Questions and Answers for TNPSC »
model 6 sold in circular path Shortcuts »
Click to Read...model 6 sold in circular path 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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