CAT 2017 Slot 1 QA Q11 Percentages & Profit-Loss

Question 11 of the Quantitative Ability (QA) section, CAT 2017 Slot 1, with CAT's official answer.

In a market, the price of medium quality mangoes is half that of good mangoes. A shopkeeper buys 80 kg good mangoes and 40 kg medium quality mangoes from the market and then sells all these at a common price which is 10% less than the price at which he bought the good ones. His overall profit is:
  1. A
    6%
  2. B
    8%
  3. C
    10%
  4. D
    12%

Answer: (B) 8% Percentages & Profit-Loss MCQ

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