Practice Questions

Duration: 8 min

This video lesson is available to enrolled students.

Return to /learn/TPSC-ASSISTANT-TECHNICAL-OFFICER/general-mental-ability-logical-reasoning/profit-and-loss/discount-marked-price-and-trader-tricks-including-false-weight/asset-practice-questions-6542 after enrolling

Inside: a video lesson and guided study material.

Module outline

  1. About Course: About the Course
  2. Paper 2 | Digital Logic: Digital Systems & Boolean Basics, Logic Gates & Hardware, Boolean Expression, Boolean Minimization, Combinational Circuit, Sequential Circuits, Number System, Number Representation, Floating Point Rep
  3. Paper 2 | Computer Organization And Architecture: Basics of COA, Cache Memory Organization, Input Output Organisation, Pipelining, Control Unit Design, Instr Formats & Modes, Programming the Basic Computer
  4. Paper 2 | Analog And Digital Communication: Introduction to Communication Systems & Random Signals, Analog Communication Systems, Information Theory & Digital Communication Fundamentals, Digital Modulation & Detection Techniques, Error Control, Synchronization & Multiple Access Techniques
  5. Paper 2 | Programming in C: C Fundamentals, Control Flow, Functions, Arrays & Pointers, Storage Classes, Structures & Enums, DMA, Macros, Scoping & File Handling
  6. Paper 2 | Data Structures And Programming: Introduction to DS, Array, Stack, Queue, Linked List, Tree, Graphs, Hashing, Java, OOPS with C++, Java Fundamentals, Array, String, IO & References
  7. Paper 2 | Algorithms: Algorithm Analysis, Sorting Algorithms, Time Complexity Analysis, Greedy Algorithms, Dynamic Programming, Minimum Spanning Trees, Shortest Path Algos
  8. Paper 2 | Compiler Design: Intro to Compilers, Lexical Analysis, Grammar & CFG, Syntax Analysis: Top-Down, Syntax Analysis: Bottom-Up, Semantic Analysis & SDT, Intermediate Code Gen, Code Optimization, Run Time Environment
  9. Paper 2 | Operating System: Introduction to OS, Process Management, CPU Scheduling, Process Synchronization, Threads & Process Creation, Deadlock, Memory Management, Virtual Memory, Disc Scheduling, File Management, Unix OS, Linux OS
  10. Paper 2 | Databases: Basics of DBMS, ER Diagram, Relational Model & Functional Dependencies, Keys & Integrity Constraints, Normalization (1NF - BCNF), Decomposition Properties & 4NF, Relational Algebra, SQL, Relational Calculus, File Organization & Indexing, Transaction Management, Concurrency Control
  11. Paper 2 | Information Systems and Software Engineering: Fundamentals of Software Engineering, Software Requirements and Quality Assurance, Software Design, Estimation and Metrics, Software Testing, Software Maintenance and Configuration Management
  12. Paper 2 | Computer Networks: Introduction to CN, Data Communication, DLL: Access Control, DLL: Flow Control, DLL: Error Control, DLL: Framing, Data Link Layer - Ethernet, Net Layer: IPv4 & Proto, Net Layer: IP Addressing, Net Layer:Routing Protocol, Transport Layer Services, TL: Congestion & UDP, Application Layer, Hardware Basics
  13. Paper 2 | Internet & Web Technologies: Website, Browser & Services, Internet Fundamentals, Web Design & Development, Protocols & Services, Web Publishing & Hosting, Server Side & Security, Emerging Technologies, HTML Basics, JavaScript-Basics, CSS, XML, HTML5
  14. Paper 2 | Cyber Security And Emerging Technologies: Emerging Tech Trends, Internet of Things
  15. Paper 2 | Cloud Technology: Cloud Computing
  16. Paper 2 | Probability and statistics: Probability, Statistics
  17. Paper-1 English: Vocabulary, Preposition, Articles, Comprehension / Reading Comprehension / Unseen Passages (Critical Reasoning) (Paragraph Questions), Sentence Re-arrangements (Para Jumbles) (Narrative Sequencing), Sentence Correction (Error Correction), Sentence Completion (Fill in the blanks), Cloze Test (Cloze Passage), Sentence Construction
  18. Paper 1 General Mental Ability & Logical reasoning: Ratio and Proportion (Ratios), Divisibility Rules, Data Interpretation, Mixture and Alligation, Permutation and Combination, Logarithm, Number System, HCF LCM, Sequence and Series (Series), Speed Time and Distance, Series (Number and Letter Series) (Numerical Relations and Reasoning), Coding Decoding, Data Sufficiency, Non Verbal Reasoning (Spatial Aptitude) (Spatial Reasoning) (Visual Reasoning), Percentage, Average, Powers and Exponents (Surds and Indices), Algebra, Profit and Loss, Simple Interest and Compound Interest, Time and Work, Pipe and Cistern, Mensuration and Geometry, Mental Ability, Age Problems, Partnership, Arithmetic, Speed Mathematics and Basic Mathematics, Syllogisms, Deductive and Inductive Reasoning (Logical Deduction and Induction) (Prepositional Reasoning), Seating Arrangements, Blood Relations, Directions (Direction Test), Analytical Reasoning (Counting Figures Reasoning), Puzzle Solving (Puzzles), Calendar, Clock, Cubes & Dices, Selection Decision Table (Decision Making), Logical Sequence Of Words, Venn Diagram, Analogy
  19. Paper-1 General Knowledge & Current Affairs: State Wise GK, History, Geography, GK- Current Affairs, Static General Knowledge
  20. Full Length Mock Test:
AI summary & chapters

AI Summary

An AI-generated summary of this video lecture.

This educational video presents a step-by-step solution to two quantitative aptitude problems related to profit and loss, using a digital whiteboard. The first problem, from an Accenture exam, involves calculating the percentage profit or loss for a pen dealer who buys 9 pens for 16 rupees and sells them at an offer of 11 pens for 20 rupees. The instructor demonstrates a method to find the cost price (CP) and selling price (SP) per pen by equating the total cost and revenue for a common number of pens (180), leading to a calculated profit of 25/11%, or approximately 2.27%. The second problem, from a GATE exam, asks for the loss incurred by a fruit seller who sold a basket at a 12.5% loss, and if he had sold it for Rs. 108 more, he would have made a 10% gain. The instructor uses the ratio method, setting the cost price (CP) as 100 units, which results in a selling price (SP) of 87.5 units for a 12.5% loss and 110 units for a 10% gain. The difference of 22.5 units is equated to Rs. 108, allowing the calculation of the CP as Rs. 480 and the loss as Rs. 60. The video concludes with a 'Thanks for Watching' screen.

Chapters

  1. 0:00 – 2:00 00:00-02:00

    The video opens with a title card for a question from an Accenture exam. The problem states: 'Sunny deal purchases 9 pens in 16 rupees and sell it at a offer of 11 pens for 20 rupees. How much percentage profit or loss he received?'. The instructor begins the solution by writing 'Qty' and 'Rs.' on a digital whiteboard, then sets up the purchase and sale data: 9 pens for 16 rupees and 11 pens for 20 rupees. He explains that to compare the cost and selling price, a common number of pens must be used. He calculates the least common multiple of 9 and 11, which is 99, but then uses 180 (a multiple of 9 and 11) to make the calculations easier. He writes '20*9=180' and '11*16=176', indicating that the cost for 180 pens is 180 rupees and the selling price for 180 pens is 176 rupees. He then writes the formula for profit percentage: 'Profit = (SP - CP) / CP * 100'. He also notes that the cost price for 180 pens is 180 rupees and the selling price is 176 rupees, which implies a loss of 4 rupees on 180 rupees. He then begins to write the formula for percentage loss: '180 - 176 / 176 * 100'.

  2. 2:00 – 5:00 02:00-05:00

    The instructor continues solving the first problem. He writes the formula for percentage loss as '(180 - 176) / 176 * 100', which simplifies to '4 / 176 * 100'. He then simplifies the fraction '4/176' to '1/44'. He writes '1/44 * 100' and calculates the result as '100 / 44', which simplifies to '25 / 11'. He states that the percentage loss is 25/11%, which is approximately 2.27%. He then moves to the second problem, which is from a GATE exam. The problem states: 'A fruit seller sold a basket of fruits at 12.5% loss. Had he sold it for Rs. 108 more, he would have made a 10% gain. What is the loss in Rupees incurred by the fruit seller?'. He introduces the 'Ratio Method' as a shortcut. He writes 'CP = 100' and 'L = 12.5%'. He explains that a 12.5% loss means the selling price (SP) is 87.5% of the cost price. He writes 'SP = 87.5'. He then writes 'G = 10%' and 'SP = 110'. He explains that the difference between the two selling prices is 110 - 87.5 = 22.5. He equates this difference to Rs. 108. He writes '22.5 = 108' and '100 = ?'. He calculates the cost price (CP) as (108 / 22.5) * 100 = 480. He then calculates the loss as 12.5% of 480, which is 60. He concludes that the loss incurred by the fruit seller is Rs. 60.

  3. 5:00 – 8:18 05:00-08:18

    The instructor continues to solve the second problem using the 'Percentage Method'. He writes 'CP = 100' and 'L = 12.5%'. He explains that a 12.5% loss means the selling price (SP) is 87.5% of the cost price. He writes 'SP = 87.5'. He then writes 'G = 10%' and 'SP = 110'. He explains that the difference between the two selling prices is 110 - 87.5 = 22.5. He equates this difference to Rs. 108. He writes '22.5 = 108' and '100 = ?'. He calculates the cost price (CP) as (108 / 22.5) * 100 = 480. He then calculates the loss as 12.5% of 480, which is 60. He concludes that the loss incurred by the fruit seller is Rs. 60. The video ends with a 'Thanks for Watching' screen.

The video provides a clear, structured walkthrough of two profit and loss problems, emphasizing different solution methods. The first problem is solved by finding a common quantity to compare cost and selling prices, leading to a calculation of percentage loss. The second problem is solved using the ratio method, where the cost price is assumed as 100 units, and the difference in selling prices is used to find the actual cost and the loss. The instructor effectively uses a digital whiteboard to show all calculations step-by-step, making the concepts accessible for students preparing for competitive exams.

Loading lesson…