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 : 31 [SSC CHSL 2015]
A shopkeeper sold an article at a loss of 20%. But if he could sell it at Rs.200 more, he could earn a profit of 5%. The cost price of the article is
a) Rs.800
b) Rs.600
c) Rs.1,000
d) Rs.1,200
Answer »Answer: (a)
Let the C.P. of article be Rs. x.
According to the question,
${x ×105}/100 - {x × 80}/100$ = 200
105x - 80x = 20000
25x = 20000
$x = 20000/25$ = Rs. 800
Using Rule 11,
Here, x = 20%, R= 200, y = 5%
C.P. = ${R × 100}/{y + x}$
= ${200 × 100}/{20 + 5}$
= ${200 × 100}/25$ = Rs.800
Question : 32 [SSC CHSL 2013]
Mohan sold his watch at 10% loss. If he had sold it for Rs.45 more, he would have made 5% profit. The selling price (in Rs.) of the watch was
a) 300
b) 270
c) 900
d) 110
Answer »Answer: (b)
If the C.P. of watch be Rs.x, then
First S.P. = ${9x}/10$
${105x}/100 - {9x}/10 = 45$
${105x - 90x}/100 = 45$
${15x}/100 = 45$
$x = {45 × 100}/15$ = Rs.300
S. P. = ${300 × 9}/10$ = Rs.270
Using Rule 11,
Here, x = 10%, R = Rs.45, y = 5%
C.P. = ${R × 100}/{y + x}$
= $4500/{10 + 5} = 4500/15$ = 300
S.P. = 300 - 300 × $10/100$
S.P. = Rs.270
Question : 33 [SSC CHSL 2010]
Aniruddha sold a bicycle at a gain of 8%. Had it been sold for Rs.75 more, the gain would have been 14%. The cost price of the bicycle was
a) Rs.1200
b) Rs.1500
c) Rs.1250
d) Rs.1350
Answer »Answer: (c)
Let the CP of cycle be Rs.x.
S.P. = ${108x}/100$
${108x}/100 + 75 = {114x}/100$
108x + 7500 = 114x
114x - 108x = 7500
6x = 7500 ⇒ $x = 7500/6$ = Rs.1250
Using Rule 11,
Here, x = 8%, R= Rs.75, y = 14%
C.P. = ${R × 100}/{y - x}$
= ${75 × 100}/{14 - 8}$
= $7500/6$ = Rs.1250
Question : 34 [SSC CGL Prelim 2002]
An article is sold at a loss of 10%. Had it been sold for Rs.9 more, there would have been a gain of 12$1/2$% on it. The cost price of the article is :
a) Rs.40
b) Rs.35
c) Rs.45
d) Rs.50
Answer »Answer: (a)
Let the cost price of the article = Rs.x
S.P. at 10% loss
= $x × 90/100 = {9x}/10$
S.P. at $12{1}/2%$ gain
=$x × {100 + 12{1}/2}/100 = {225x}/200$
According to the question
${9x}/10 + 9 = {225x}/200$
180x + 1800 = 225x
225x - 180x = 1800
45x = 1800 ⇒ x = Rs.40
Using Rule 11,A man sells his items at a profit/loss of x%.If he had sold it for Rs. R more,he would have gained/lost y%. Then. C.P. of items = $R/{(y ± x)}$ × 100'+' = When one is profit and other is loss.'–' = When both are either profit or loss.
Here, x = 10%, R= 9, y = 12.5%
C.P. = ${R × 100}/{y + x}$
= ${9 × 100}/{12.5 + 10} = 900/{22.5}$ = Rs.40
Question : 35 [SSC MTS 2013]
A man sold an article at a loss of 20%. If he could sell it for Rs.200 more , he would make a profit of 5%. The cost price of the article is
a) Rs.700
b) Rs.900
c) Rs.800
d) Rs.850
Answer »Answer: (c)
C.P. of article = Rs.x
First S.P. = ${80x}/100$ = Rs.${4x}/5$
According to question,
${4x}/5 + 200 = {105x}/100 = {21x}/20$
${21x}/20 - {4x}/5$ = 200
${21x - 16x}/20 = 200$
${5x}/20$ = 200 ⇒ x = 4 × 200 = Rs.800
Using Rule 11,
Here, x = 20%, R = Rs.200, y=5%
C.P. = ${R × 100}/{y + x}$
= ${200 × 100}/{5 + 20}$
= $20000/25$ = Rs.800
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 »