CAT 2024 Profit & Loss Question (Medium)

Question

Bina incurs 19 loss when she sells a product at Rs. 4860 to Shyam, who in turn sells this product to Hari. If Bina would have sold this product to Shyam at the purchase price of Hari, she would have obtained 17 profit. Then, the profit, in rupees, made by Shyam is

Optima Learn · Accepted Answer

Given Information - Bina sells a product to Shyam at Rs. 4860 and incurs a 19 loss. - If Bina sold the product at the purchase price of Hari, she would have made a 17 profit. - We need to find the profit made by Shyam. Step-by-Step Solution 1. Determine the Cost Price CP of the Product for Bina Let

CAT 2024 Profit & Loss — Previous Year Question

CAT 2024

Quantitative

Profit & Loss

Medium

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