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 : 11 [SSC CGL Prelim 2004]
On selling 17 balls at Rs.720, there is a loss equal to the cost price of 5 balls. The cost price of a ball is :
a) Rs.50
b) Rs.60
c) Rs.45
d) Rs.55
Answer »Answer: (b)
Let the CP of each ball = x.
Then, clearly the cost price of (17 - 5) balls = Rs.720
i.e., 12x = 720 ⇒ x = 60 i.e. Rs.60
Question : 12 [SSC CPO S.I.2004]
I purchased 120 exercise books at the rate of Rs.3 each and sold $1/3$ of them at the rate of Rs.4 each, $1/2$ of them at the rate of Rs.5 each and the rest at the cost price. My profit per cent was
a) 44$4/9$%
b) 44$2/3$%
c) 44%
d) 45%
Answer »Answer: (a)
Using Rule 1,
CP of 120 excercise books = Rs.(120 × 3) = Rs.360
SP of 40 at Rs.4 each = Rs.(40 × 4) = Rs.160
SP of 60 at Rs.5 each = Rs.(60 × 5) = Rs.300
SP of remaining 20 books = Rs.(20 × 3) = Rs.60
Total SP = Rs.(160 + 300 + 60) = Rs.520
Profit % = Rs.(520 - 360) = Rs.160
Profit% = $160/360 × 100 = 400/9 = 44{4}/9%$
Question : 13 [SSC CPO S.I.2004]
A person bought some articles at the rate of 5 per rupee and the same number at the rate of 4 per rupee. He mixed both the types and sold at the rate of 9 for 2 rupees. In this business he suffered a loss of Rs.3. The total number of articles bought by him was
a) 1080
b) 540
c) 1090
d) 545
Answer »Answer: (a)
Let the person buy 10 articles.
Total CP = Rs.$(1 + 5/4)$ = Rs.$9/4$
SP of 10 articles = Rs.$2/9 × 10$ = Rs.$20/9$
Loss = Rs.$(9/4 - 20/9)$ = Rs.$({81 - 80}/36)$ = Rs.$1/36$
Now, if loss is Rs.$1/36$, number of articles = 10
If loss is Rs.3, number of articles = 36 × 10 × 3 = 1080
Question : 14 [SSC CGL Prelim 2005]
A man bought pencils at the rate of 6 for Rs.4 and sold them at the rate of 4 for Rs.6. His gain% in the transaction is :
a) 80%
b) 125%
c) 75%
d) 100%
Answer »Answer: (b)
Let the number of pencils bought = LCM of 4, 6 = 12
CP of 6 pencils = Rs.4
CP of 12 pencils = Rs.8
S.P. of 4 pencils = Rs.6
S.P. of 12 pencils = Rs.18
Profit = Rs. (18 - 8) = Rs.10
Profit % = $10/8 × 100 = 125%$
Using Rule: 13
Here, a = 6, x = 4, b = 4, y = 6
Gain% = $({ay - bx}/{bx})$ × 100%
= $({6 × 6 - 4 × 4}/{4 × 4}) × 100%$
= $({36 - 16}/16) × 100%$
= $20/16 × 100% = 125%$
Question : 15 [SSC CGL Prelim 2005]
Ravi buys some toffees at 2 for a rupee and sells them at 5 for a rupee. His loss percent is
a) 90%
b) 30%
c) 120%
d) 60%
Answer »Answer: (d)
Let Ravi buy 10 toffees.
C.P. = Rs.5; S.P. = Rs.2
Loss % = ${5 - 2}/5 × 100$ = 60%
Using Rule: 13
Here, a = 2, x = 1, b = 5, y = 1
Loss % = $({ay - bx}/{bx})$ × 100%
= $({2 × 1 - 5 × 1}/{5 × 1}) × 100%$
=${-3}/5 × 100%$
= 60% (-ve sign shows loss)
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 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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