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CAT 2019 Profit & Loss — Previous Year Question

Year

CAT 2019

Section

Quantitative

Topic

Profit & Loss

Difficulty

Medium

Question

Slot-2

Mukesh purchased 10 bicycles in 2017, all at the same price. He sold six of these at a profit of 25% and the remaining four at a loss of 25%. If he made a total profit of Rs. 2000, then his purchase price of a bicycle, in Rupees, was

2000

6000

8000

4000

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