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CAT 2020 Profit & Loss — Previous Year Question

Paper

CAT 2020

Section

Quantitative

Topic

Profit & Loss

Difficulty

Medium

Question

CAT 2020

Slot-3

A man buys 35 kg of sugar and sets a marked price in order to make a 20% profit. He sells 5 kg at this price, and 15 kg at a 10% discount. Accidentally, 3 kg of sugar is wasted. He sells the remaining sugar by raising the marked price by pp percent so as to make an overall profit of 15%. Then pp is nearest to

35

31

22

25

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