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CAT 2025 Profit & Loss — Previous Year Question

Year

CAT 2025

Section

Quantitative

Topic

Profit & Loss

Difficulty

Medium

Question

Slot-1

The market value of beams, made of a rare metal, has a unique property: the market value of any such beam is proportional to the square of its length. Due to an accident, one such beam got broken into two pieces having lengths in the ratio 4:9.

Considering each broken piece as a separate beam, how much gain or loss, with respect to the market value of the original beam before the accident, is incurred?

74.23% gain

No gain or loss

31.77% loss

42.60% loss

57.40% loss

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