CAT 2025 Profit & Loss Question (Hard)

Question

Ramesh purchased two mobile phones from a shop. He sold the first mobile phone at the price of 18750 and the second mobile phone at the price of 14250. If the profit percent on the first mobile phone is five times the loss percent on the second mobile phone, find the overall profit made by Ramesh af

Optima Learn · Accepted Answer

To find Ramesh s overall profit, we need the common cost price and the exact profit loss percentages on each phone. Understanding the setup Both phones were bought at the same cost price CP phone 1 sold at 18750 with profit 5 loss on phone 2, sold at 14250 . Analyzing the Calculation Let loss on pho

CAT 2025 Profit & Loss — Previous Year Question

CAT 2025

Quantitative

Profit & Loss

Hard

Master Your PI Skills for Top B-Schools!

FEATURES

PRACTICE

FREE RESOURCES

MENTORSHIP