Practice Questions

Duration: 8 min

This video lesson is available to enrolled students.

Return to /learn/UP-POLICE-COMPUTER-OPERATOR/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 the course: About the Course
  2. General Knowledge: Polity, Physics, Biology, State Wise GK, Chemistry, History, Geography, GK- Current Affairs, Indian Economy, Static General Knowledge, Environment, Evolution of Indian Banking (Banking & Financial Awareness)
  3. Mental Aptitude and Reasoning: Ratio and Proportion (Ratios), Divisibility Rules, Data Interpretation, Permutation and Combination, Number System, 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), Vocabulary, Profit and Loss, Arithmetic, Mental Ability, Percentage, Algebra, Mensuration and Geometry, Age Problems, Clock, Calendar, Verbal Analogy (Word Based Analogy), Deductive and Inductive Reasoning (Logical Deduction and Induction) (Prepositional Reasoning), Analogy, Analytical Reasoning (Counting Figures Reasoning), Puzzle Solving (Puzzles), Selection Decision Table (Decision Making), Cubes & Dices, Blood Relations, Venn Diagram, Logical Sequence Of Words, Inequality, Directions (Direction Test), Data Arrangement, Facts, Inference and Judgements, Syllogisms, Seating Arrangements, Ranking, Order and Sequence
  4. CS | Computer Fundamentals: Basics of COA, Number System, Number Representation, C Fundamentals, Algorithm Analysis, Input Output Organisation
  5. CS | Database Management System: Basics of DBMS, ER Diagram, Relational Model & Functional Dependencies, Keys & Integrity Constraints, SQL
  6. CS | Workplace productivity Tools: MS Office Applications, Keyboard Shortcuts
  7. CS | Computer Networks: Introduction to CN, Data Communication, Data Link Layer - Ethernet, Net Layer: IPv4 & Proto, Net Layer: IP Addressing, Transport Layer Services, Application Layer, Hardware Basics, Network Security
  8. CS | The Internet: Website, Browser & Services, Internet Fundamentals, Web Design & Development, Web Publishing & Hosting, Server Side & Security, Emerging Technologies
  9. CS | Emerging Technologies: Artificial Intelligence, Emerging Tech Trends, Introduction to OS, Windows OS, Linux OS, Unix OS, JavaScript-Basics
  10. CS | Boolean algebra: Digital Systems & Boolean Basics, Boolean Expression, Boolean Minimization, Logic Gates & Hardware
  11. CS | Data Structures: Introduction to DS, Array, Stack, Queue
  12. CS | Cryptography: Society, Law & Ethics, Cyber Threats and Malware Attacks, Role of Internet and Web Services, Security in Mobile and Wireless Computing, Electronic Data Interchange and E-Commerce, Physical Security and Cryptography Basics, Intrusion Detection Systems (IDS), Cyber Safety and Security
  13. UP Police Previous Year Papers:
  14. UP Police Full Mock Tests:
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…