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CAT 2021 Profit & Loss — Previous Year Question

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

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