CAT 2018 Slot 1 QA Q1 Ratio, Mixtures & Averages

Question 1 of the Quantitative Ability (QA) section, CAT 2018 Slot 1, with CAT's official answer.

A trader sells 10 litres of a mixture of paints A and B, where the amount of B in the mixture does not exceed that of A. The cost of paint A per litre is Rs. 8 more than that of paint B. If the trader sells the entire mixture for Rs. 264 and makes a profit of 10%, then the highest possible cost of paint B, in Rs. per litre, is
  1. A
    20
  2. B
    16
  3. C
    22
  4. D
    26

Answer: (A) 20 Ratio, Mixtures & Averages MCQ

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