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CAT 2017 Profit & Loss — Previous Year Question

Paper

CAT 2017

Section

Quantitative

Topic

Profit & Loss

Difficulty

Medium

Question

CAT 2017

Slot-1

In a market, the price of medium quality mangoes is half that of good mangoes. A shopkeeper buys 80 kg good mangoes and 40 kg medium quality mangoes from the market and then sells all these at a common price which is 10% less than the price at which he bought the good ones. His overall profit is:

6%

8%

10%

12%

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