model 4 sold & brought 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 : 1 [SSC CGL Prelim 1999]
Oranges are bought at rate of 7 for Rs.3. At what rate per hundred must they be sold to gain 33%?
a) Rs.60
b) Rs.58
c) Rs.56
d) Rs.57
Answer »Answer: (d)
Cost price of 1 orange = Rs.$3/7$
Cost price of 100 oranges
= $3/7 × 100 = 300/7$
100% = $300/7$
133% = $300/7 × 133/100$ = Rs.57
Question : 2 [SSC CGL Prelim 1999]
A man buys 12 articles for Rs.12 and sells them at the rate of Rs.1.25 per article. His gain percentage is :
a) 25%
b) 15%
c) 20%
d) 18%
Answer »Answer: (a)
Using Rule 1,
If S.P > C.P. then there will be profit
Profit = S.P. - C.P.
Profit% = ${\text"Profit" × 100}/{\text"C.P."}$
C.P. = 12; S.P. = 12 × 1.25 = 15
Total Profit = 15 - 12 = 3
% gain = $3/12 × 100$ = 25%
Question : 3 [SSC CGL Prelim 2000]
12 copies of a book were sold for Rs.1800/- thereby gaining costprice of 3 copies. The cost price of a copy is :
a) Rs.150/-
b) Rs.1200/-
c) Rs.120/-
d) Rs.1500/-
Answer »Answer: (c)
Let the cost price of 1 book be x
Cost price of 3 books = 3x
and, cost price of 12 books = 12x
Selling price of 12 books = 1800
= 12x + 3x = 15x
15x = 1800; x = $1800/15 = 120$
The cost price of each book = Rs.120
Question : 4 [SSC CGL Prelim 2002]
If I would have purchased 11 articles for Rs.10 and sold all the articles at the rate of 10 for Rs.11, the profit per cent would have been :
a) 11%
b) 21%
c) 10%
d) 100%
Answer »Answer: (b)
C.P. of an article = Rs.$10/11$
S.P. of an article = Rs.$11/10$
Profit = $11/10 - 10/11$
= ${121 - 100}/110 = Rs.21/110$
Profit % = ${{21/110} × 100}/{10/11}$
= $2100/110 × 11/10$ = 21%
Using Rule 13,If the total cost of 'a' articles having equal cost is Rs.x and the total selling price of 'b' articles is Rs.y, then in the transaction gain or loss per cent is given by $({ay - bx}/{bx})$ × 100% Where positive value signifies 'profit' and negative value signifies 'loss'
Here, a = 11, x = 10, b = 10, y = 11
Gain% = $({ay - bx}/{bx}) × 100%$
= $({11 × 11 - 10 × 10}/{10 × 10}) × 100%$
= $({121 - 100}/100) × 100%$ = 21%
Question : 5 [SSC CGL Prelim 2002]
A person buys some pencils at 5 for a rupee and sells them at 3 for a rupee. His gain per cent wll be :
a) 76$2/3$%
b) 56$2/3$%
c) 66$2/3$%
d) 46$2/3$%
Answer »Answer: (c)
C.P. of 5 pencils = Rs.1.
S.P. of 5 pencils = Rs.$5/3$
Gain = $5/3 - 1 = 2/3$
Gain % = ${2/3}/1 × 100 = 66{2}/3%$
Using Rule 13,
Here, a = 5, x = 1, b = 3, y = 1
Gain% = $({ay - bx}/{bx} × 100%)$
= ${5 - 3}/3 × 100% = 200/3 = 66{2}/3%$
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 »
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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 4 sold & brought Shortcuts »
Click to Read...model 4 sold & brought 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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