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Year

CAT 2019

Section

Quantitative

Topic

Profit & Loss

Difficulty

Medium

Question

Slot-2

A shopkeeper sells two tables, each procured at cost price p, to Amal and Asim at a profit of 20% and at a loss of 20%, respectively. Amal sells his table to Bimal at a profit of 30%, while Asim sells his table to Barun at a loss of 30%. If the amounts paid by Bimal and Barun are x and y, respectively, then (x - y) / p equals

1

1.2

0.7

0.50

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