Year
CAT 2023
Section
Quantitative
Topic
Profit & Loss
Difficulty
Medium
Question
Slot-2
Minu purchases a pair of sunglasses at Rs.1000 and sells to Kanu at 20% profit. Then, Kanu sells it back to Minu at 20% loss. Finally, Minu sells the same pair of sunglasses to Tanu. If the total profit made by Minu from all her transactions is Rs.500, then the percentage of profit made by Minu when she sold the pair of sunglasses to Tanu is
Minu purchases a pair of sunglasses at Rs.1000 and sells to Kanu at 20% profit. Then, Kanu sells it back to Minu at 20% loss. Finally, Minu sells the same pair of sunglasses to Tanu. If the total profit made by Minu from all her transactions is Rs.500, then the percentage of profit made by Minu when she sold the pair of sunglasses to Tanu is
35.42%
31.25%
52%
26%
Prepare for WAT & GD Like Never Before!
Join interactive sessions and receive expert guidance on Written Ability Tests and Group Discussions for MBA admissions.
Explore Interview PlatformLoading...
