CAT 2020 Slot 2 QA Q11 Percentages & Profit-Loss

Question 11 of the Quantitative Ability (QA) section, CAT 2020 Slot 2, with CAT's official answer.

Anil buys 12 toys and labels each with the same selling price. He sells 8 toys initially at 20% discount on the labeled price. Then he sells the remaining 4 toys at an additional 25% discount on the discounted price. Thus, he gets a total of Rs 2112, and makes a 10% profit. With no discounts, his percentage of profit would have been
  1. A
    60
  2. B
    50
  3. C
    55
  4. D
    54

Answer: (B) 50 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.