model 7 sold at loss 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 SO 2005]
A man sold an article at a loss of 20%. If he has sold that article for Rs.12 more he would have gained 10%. Find the cost price of that article :
a) Rs.60
b) Rs.22
c) Rs.40
d) Rs.30
Answer »Answer: (c)
Simple Approach
80% x + 12 = 110%
Let x be the cost price
30% x = 12 = $12/30 × 100$ = Rs.40
Using Rule 11,
Here, x = 20%, R= 12, y = 10%
C.P. = ${R × 100}/{y + x}$
= ${12 × 100}/{20 + 10}$ = Rs.40
Question : 12 [SSC MTS 2013]
A man sells an article at a gain of 15%. If he had bought it at 10% less and sold it for Rs.4 less, he would have gained 25%. The cost price of the article is
a) Rs.140
b) Rs.185
c) Rs.150
d) Rs.160
Answer »Answer: (d)
C.P. of article be Rs.x
S.P. at 15% gain
= ${115x}/100 = {23x}/20$
New C.P. = Rs.${90x}/100$
New S.P. = Rs.${90x}/100 × 125/100$ = Rs.${9x}/8$
${23x}/20 - {9x}/8 = 4$
${46x - 45x}/40 = 4$
x = 40 × 4 = Rs.160
Question : 13 [SSC CGL Tier-II 2013]
An article is sold at a gain of 15%. Had it been sold for Rs.27 more, the profit would have been 20%. The cost price of the article is
a) Rs.500
b) Rs.545
c) Rs.700
d) Rs.540
Answer »Answer: (d)
Let the C.P. of article be Rs.x, then
${120x}/100 - {115x}/100 = 27$
${5x}/100 = 27$
$x = {27 × 100}/5$ = Rs.540
Using Rule 11,
Here, x = 15%, R= Rs.27, y = 20%
C.P. = ${R × 100}/{y - x}$
= ${27 × 100}/{20 - 15}$
= ${27 × 100}/5$ = Rs.540
Question : 14 [SSC MTS 2013]
An article is sold at a loss of 10%. Had it been sold for Rs.90 more, there would have been a gain of 5%. The original sale price of the article (in Rs.) is :
a) 540
b) 650
c) 600
d) 628
Answer »Answer: (a)
If the C.P. of article be Rs.x, then
${105x}/100 - {90x}/100$ = 90
${15x}/100 = 90$
$x = {90 × 100}/15$ ⇒ x = Rs.600
Original S.P. = ${600 × 90}/100$ = Rs.540
Question : 15 [SSC CGL Prelim 2005]
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.220
c) Rs.267
d) Rs.222
Answer »Answer: (d)
The article is sold at 11% loss.
89% of CP = Rs.178
CP = Rs.${178 × 100}/89$ = Rs.200
To gain 11%,
S.P. = 111% of Rs.200
= Rs.$111/100 × 200$ = 222
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 7 sold at loss Shortcuts »
Click to Read...model 7 sold at loss 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
Mensuration Aptitude Practice Mcq Questions IBPS Clerk 2024
Most Important Practice Mensuration aptitude multiple choice questions, answers with detailed solutions, PDF beginner to advanced for IBPS Clerk Prelims 2024
Continue Reading »
Top Clock Aptitude Questions and Answers PDF IBPS Clerk 2024
Recent Important IBPS Clerk Prelims 2024 Aptitude Clock MCQ Questions and answers with easy and logical explanation, PDF. Topic wise Free online practice test
Continue Reading »
New Time and Distance Aptitude MCQ PDF for IBPS Clerk 2024
Latest Time and Distance multiple choice questions and answers with solution PDF for IBPS Clerk Prelims 2024. Practice Speed Aptitude based Objective Mcq
Continue Reading »
Word Formation Objective Questions MCQs for IBPS Clerk 2024
Current year Important Objective Questions and Answers with Explanation for IBPS Clerk Prelims 2024 exam. English Vocabulary multiple choice practice exercises
Continue Reading »