CAT 2019 Slot 1 QA Q18 Percentages & Profit-Loss

Question 18 of the Quantitative Ability (QA) section, CAT 2019 Slot 1, with CAT's official answer.

The income of Amala is 20% more than that of Bimala and 20% less than that of Kamala. If Kamala's income goes down by 4% and Bimala's goes up by 10%, then the percentage by which Kamala's income would exceed Bimala's is nearest to
  1. A
    28
  2. B
    29
  3. C
    31
  4. D
    32

Answer: (C) 31 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.