CAT 2020 Profit & Loss Question (Medium)

Question

The cost price of a T.V. is 72 of the marked price of a fridge. The shopkeeper allows a 25 discount on the marked price of the fridge and sells it at a profit of 20 . If the cost price of the fridge is Rs. 5,000, what is the cost price of the T.V.?

Optima Learn · Accepted Answer

This problem works backward from the fridge s cost price through a profit and a discount to find its marked price, then applies that to the TV s cost price. Understanding the Setup Fridge CP 5000, sold at 20 profit, so SP 6000. Analyzing the Calculation This SP is 75 of the marked price after a 25 d

CAT 2020 Profit & Loss — Previous Year Question

CAT 2020

Quantitative

Profit & Loss

Medium

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