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 : 26 [SSC CGL Tier-1 2011]
A man bought oranges at the rate of 8 for Rs.34 and sold them at the rate of 12 for Rs.57. How many oranges should be sold to earn a net profit of Rs.45 ?
a) 100
b) 135
c) 90
d) 150
Answer »Answer: (c)
Let the man buys 24 (LCM of 8 and 12) oranges.
C.P. of 24 oranges = $34/8 × 24$ = Rs.102
S.P. of 24 oranges = $57/12 × 24$ = Rs.114
Gain = 114 - 102 = Rs.12
Since, Rs.12 ≡ 24 oranges
Rs.45 ≡ $24/12 × 45$ = 90 oranges
Question : 27 [SSC CPO 2011]
A person bought 50 pens for 50 each. He sold 40 of them at a loss of 5%. He wants to gain 10% on the whole. Then his gain percent on the remaining pens should be
a) 40%
b) 50%
c) 15%
d) 70%
Answer »Answer: (d)
C.P. of 50 pens = 50 × 50 = Rs.2500
For profit of 10%,
S.P. = ${2500 × 110}/100$ = Rs.2750
S.P. of 40 pens at a loss of 5%
= ${40 × 50 × 95}/{100}$ = Rs.1900
S.P. of remaining 10 pens = 2750 - 1900 = Rs.850
Gain % = ${850 - 500}/500 × 100$ = 70 %
Question : 28 SSC FCI Assistant Grade-III 2012]
If toys are bought at Rs.5 each and sold at Rs.4.50 each, then the loss percent is :
a) 11%
b) 12%
c) 10%
d) 13%
Answer »Answer: (c)
Loss = 5 - 4.50 = 0.50
Loss percent = ${0.50}/5 × 100$ = 10%
Using Rule 13,
Here, a = b, x = 5a, y = 4.50a
Loss % = $({ay - bx}/{bx})$ × 100%
= $({4.50a^2 - 5a^2}/{5a^2})$ × 100%
= $({-0.5a^2}/{5a^2})$ × 100%
= 10% (–ve sign shows loss)
Question : 29 [SSC DEO 2008]
By selling 14 watches of equal cost price at the rate of Rs.450 each, there is a profit equal to the cost price of 4 watches. The cost price of a watch is
a) Rs.360
b) Rs.375
c) Rs.350
d) Rs.400
Answer »Answer: (c)
Using Rule 1,
Let the CP of each watch be x.
CP of 14 watches = 14x
and SP of 14 watches = Rs.6300
According to the question,
6300 - 14x = 4x
18x = 6300 ⇒ x = $6300/18$ = Rs.350
Question : 30 [SSC DEO 2009]
A man buys some articles at Rs.P per dozen and sells them at Rs.$P/8$ per piece. His profit per cent is
a) 40%
b) 50%
c) 30%
d) 60%
Answer »Answer: (b)
Using Rule 1,
CP of each article = Rs.$P/12$ and SP = Rs.$P/8$
Gain = $P/8 - P/12 = {3P - 2P}/24 = P/24$
Gain per cent = ${P/24}/{P/12}$ × 100 = 50%
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
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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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