Practice Questions

Duration: 11 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-6544 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 is a lecture on calculating profit in scenarios involving dishonest weight practices, a common topic in aptitude and placement exams. The instructor begins by presenting a problem where a shopkeeper sells onions at a 10% profit but uses a weight that is 20% less than the original. He then introduces a general formula for calculating total profit: (Profit% + Decrease% in weight) / (100 - Decrease% in weight) * 100. He applies this formula to solve the first problem, arriving at a total profit of 37.5%. The lecture continues with a second example, where a shopkeeper claims to sell per kg but uses 960 grams instead of 1 kg, and a third example with a fruit vendor using 900 grams for a kg. The instructor consistently uses the same formula to solve each problem, demonstrating its application. The video concludes with a final summary of the method and a thank you message.

Chapters

  1. 0:00 – 2:00 00:00-02:00

    The video opens with a conceptual image of a 3D figure standing on a seesaw, with 'PROFIT' in green on one side and 'LOSS' in red on the other, symbolizing the balance of financial outcomes. The scene then transitions to a lecture format, where the instructor presents the first problem: 'A shopkeeper sells onion on a profit of 10%. The weight he uses is 20% less than original weight. What will be his total profit?'. The options are listed as a) 17.5%, b) 27.5%, c) 37.5%, d) 47.5%. The instructor introduces the problem, which is noted as an 'IMPORTANT QUESTION ASKED IN IBM EXAM (2018)'. The visual includes a humorous image of a woman crying while holding a small onion in a box, with a tweet overlay about onion prices, adding a comedic element to the serious topic.

  2. 2:00 – 5:00 02:00-05:00

    The instructor begins to solve the first problem by writing the formula for total profit on a green chalkboard. The formula is clearly written as: Profit% = (Profit% + decrease% in weight) / (100 - decrease% in weight) * 100. He then substitutes the values from the problem: Profit% = 10 and Decrease% in weight = 20. The calculation is shown step-by-step: (10 + 20) / (100 - 20) * 100, which simplifies to 30 / 80 * 100. The instructor explains that this calculation results in 37.5%. He confirms that the correct answer is option (c) 37.5%. The visual shows the instructor's hand writing the formula and calculations in yellow chalk, with the problem statement and options visible at the top of the screen.

  3. 5:00 – 10:00 05:00-10:00

    The instructor moves to a second problem: 'A shopkeeper claims to sell per kg NIRMA on the cost price but he uses a weight of 960 grams instead of 1 Kg. How much percentage of profit he earns by doing this?'. He applies the same formula, writing it on the board: Profit% = (Profit% + decrease% in weight) / (100 - decrease% in weight) * 100. He identifies the profit% as 0 (since he sells at cost price) and the decrease% in weight as (1000 - 960) / 1000 * 100 = 4%. The calculation becomes (0 + 4) / (100 - 4) * 100, which is 4 / 96 * 100. He simplifies this to 25 / 6, which equals 4 + 1/6%. He then presents a third problem: 'A dishonest fruit vendor sells his goods at Cost Price, but he uses 900 gm instead of 1 kg weight, his gain percent is'. He applies the formula again, with profit% = 0 and decrease% in weight = 10%. The calculation is (0 + 10) / (100 - 10) * 100 = 10 / 90 * 100 = 100 / 9 = 11 + 1/9%. The instructor emphasizes that this is a standard method for solving such problems.

  4. 10:00 – 10:35 10:00-10:35

    The video concludes with a final summary of the method. The instructor reiterates the formula for calculating profit when a dishonest shopkeeper uses a lesser weight. The screen displays a blue, abstract background with the text 'THANKS FOR WATCHING' in large white letters. The instructor's voiceover thanks the viewers for watching and mentions that a quiz containing important previous year IT companies' questions will be discussed at the end of the video, encouraging viewers to watch until the end.

The video provides a clear and structured lesson on a specific type of profit and loss problem. It begins by introducing a real-world scenario involving a dishonest shopkeeper, which is a common theme in aptitude tests. The core of the lesson is the derivation and application of a single, powerful formula: Profit% = (Profit% + decrease% in weight) / (100 - decrease% in weight) * 100. The instructor demonstrates this formula with three distinct examples, each with different values, reinforcing the method's versatility. The progression from a simple problem to more complex ones, all solved using the same formula, effectively teaches a universal problem-solving technique. The use of a green chalkboard for calculations and clear, step-by-step writing makes the method easy to follow and replicate for students preparing for competitive exams.

Loading lesson…