CAT 2017 Slot 1 QA Q12 Percentages & Profit-Loss

Question 12 of the Quantitative Ability (QA) section, CAT 2017 Slot 1, with CAT's official answer.

If Fatima sells 60 identical toys at a 40% discount on the printed price, then she makes 20% profit. Ten of these toys are destroyed in fire. While selling the rest, how much discount should be given on the printed price so that she can make the same amount of profit?
  1. A
    30%
  2. B
    25%
  3. C
    24%
  4. D
    28%

Answer: (D) 28% Percentages & Profit-Loss MCQ

A worked solution for this question is being written. Meanwhile, practise it in a timed mock and see how other aspirants did.

Same concept in other years

See every question on Marked price, discount and profit: MP × (1 − d) = CP × (1 + p).

More Percentages & Profit-Loss questions from CAT

All 46 Percentages & Profit-Loss questions asked since 2017.