CAT 2025 Profit & Loss Question (Hard)

Question

An item with a cost price of Rs. 1650 is sold at a certain discount on a fixed marked price to earn a profit of 20 on the cost price. If the discount was doubled, the profit would have been Rs. 110. The rate of discount, in percentage, at which the profit percentage would be equal to the rate of dis

Optima Learn · Accepted Answer

Let the marked price be M and the initial discount rate be d. The cost price is 1650. A profit of 20 means the selling price is SP 1650 times 1.2 1980 With discount d, M 1-d 1980 If the discount is doubled, the selling price becomes M 1-2d , and the profit is 110, so M 1-2d - 1650 110 Rightarrow M 1

CAT 2025 Profit & Loss — Previous Year Question

CAT 2025

Quantitative

Profit & Loss

Hard

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