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CAT 2021 Profit & Loss — Previous Year Question

Year

CAT 2021

Section

Quantitative

Topic

Profit & Loss

Difficulty

Medium

Question

Slot-2

Raj invested ₹ 10000 in a fund. At the end of first year, he incurred a loss but his balance was more than ₹ 5000. This balance, when invested for another year, grew and the percentage of growth in the second year was five times the percentage of loss in the first year. If the gain of Raj from the initial investment over the two year period is 35%, then the percentage of loss in the first year is

15

5

10

70

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