CAT 2019 Slot 2 QA Q27 Percentages & Profit-Loss

Question 27 of the Quantitative Ability (QA) section, CAT 2019 Slot 2, with CAT's official answer.

Mukesh purchased 10 bicycles in 2017, all at the same price. He sold six of these at a profit of 25% and the remaining four at a loss of 25%. If he made a total profit of Rs. 2000, then his purchase price of a bicycle, in Rupees, was
  1. A
    2000
  2. B
    6000
  3. C
    8000
  4. D
    4000

Answer: (D) 4000 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 Two items at different profit/loss rates: overall profit equation.

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