WhatsAppJoin our WhatsApp Community

Year

CAT 2021

Section

Quantitative

Topic

Profit & Loss

Difficulty

Medium

Question

Slot-3

One part of a hostel's monthly expenses is fixed, and the other part is proportional to the number of its boarders. The hostel collects ₹ 1600 per month from each boarder. When the number of boarders is 50, the profit of the hostel is ₹ 200 per boarder, and when the number of boarders is 75, the profit of the hostel is ₹ 250 per boarder. When the number of boarders is 80, the total profit of the hostel, in INR, will be

20800

20200

20500

20000

Transform Your Interview Performance!

Learn proven strategies and techniques from successful IIM alumni to excel in your MBA interview rounds.

Explore Interview Platform

Loading...