CAT CET SNAP NMAT CMAT XAT

Profit and Loss Actual Question in CAT 2023 Slot – 2

Q. Minu purchases a pair of sunglasses at Rs.1000 and sells to Kanu at 20% profit. Then, Kanu sells it back to Minu at 20% loss. Finally, Minu sells the same pair of sunglasses to Tanu. If the total profit made by Minu from all her transactions is Rs.500, then the percentage of profit made by Minu when she sold the pair of sunglasses to Tanu is

  1. 52%
  2. 26%
  3. 31.25%
  4. 35.42%
EXPLANATION

Option 3

Q2. Jayant bought a certain number of white shirts at the rate of Rs 1000 per piece and a certain number of blue shirts at the rate of Rs 1125 per piece. For each shirt, he then set
a fixed market price which was 25% higher than the average cost of all the shirts. He sold all the shirts at a discount of 10% and made a total profit of Rs 51000. If he bought both
colors of shirts, then the maximum possible total number of shirts that he could have bought is

EXPLANATION

407

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