CAT 2017 Profit & Loss — Previous Year Question
Year
CAT 2017
Section
Quantitative
Topic
Profit & Loss
Difficulty
Medium
Question
Slot-1
Gopal is planning to sell two radios. The first radio is marked ₹200 over and above the cost price and is sold at a discount of 20% on it. The other radio is marked 50% over and above the cost price and sold at discount of ₹160. If his profit is 15% on both radios combined and 5% on the first alone, what is the percentage of profit on the second radio?
25%
10%
7%
Cannot be determined
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