XAT 2025 Profit & Loss — Previous Year Question
Paper
XAT 2025
Section
Quantitative
Topic
Profit & Loss
Difficulty
Medium
Question
XAT 2025
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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