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CAT 2024 Profit & Loss — Previous Year Question

Year

CAT 2024

Section

Quantitative

Topic

Profit & Loss

Difficulty

Hard

Question

Slot-1

The selling price of a product is fixed to ensure 40% profit. If the product had cost 40% less and had been sold for 5 rupees less, then the resulting profit would have been 50%. The original selling price, in rupees, of the product is

10

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20

14

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